Developer TWO Capital Partners and property management firm RAM Partners have teamed up to launch a Built-to-Rent division, offering an attractive alternative to traditional homeownership. With the first community already completed, this partnership is set to deliver over 2,300 single-family rental homes across the Southeastern United States in the next two years.
TWO Capital Partners strategically acquired development sites near major thoroughfares for their Tessa single-family rental communities. These locations offer convenient access to interstates and key employment centers. “We are excited about our first community, Tessa Barrow Crossing,” said Ralph B. Wilson III of TWO Capital Partners. Located at 116 Dolcetto Drive in Winder, Georgia, this townhome community features concierge services and amenities such as a pet park & dog spa, pool area with co-working space and state-of-the-art fitness center surrounded by ample greenspace for outdoor gatherings.
The joint venture between Atlanta-based developers hopes to meet growing demand for affordable housing options by providing high-quality built-to-rent units that offer a zero-maintenance lifestyle at prices approximately 30% lower than owning a home with current mortgage rates.
