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Build-For-Rent Acquires Five Properties in Southeast USA.

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Vincent

MANews-(C)2009-2022

US-based single-family rental community owner and operator Quinn Residences has acquired five properties in the Southeast, adding 820 homes to its portfolio, the company said.

The build-for-rent company expands its portfolio in Florida, Georgia and North Carolina and enters a new market, with an acquisition in Tennessee.

Quinn enters the Tennessee market with the acquisition of The Guild in Chattanooga a community of 92 two-, three- and four-bedroom homes, which are planned to be completed by the third quarter of 2022.

Quinn further establishes its presence in Florida with the purchase of Towns at Lake Nona in St. Cloud and enters the Tampa market by acquiring Moccasin Wallow in Bradenton.

These properties will consist of 94 and 260 homes, respectively, with first deliveries scheduled by the end of 2022.

As part of continued expansion in Georgia, Quinn acquires Dorchester Place in Covington, which will become its eighth property in the state.

This community will feature 82 sizable fenced-in detached homes averaging 2,550 square feet, which will be ready for occupancy in early December 2022.

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