Monday Properties Partners with RSN Property Group to Acquire Villas at Princeton Lakes in Atlanta

Monday Properties, a dynamic real estate investment firm and industry-leading developer, in partnership with RSN Property Group, today announced the acquisition of Villas at Princeton Lakes, a 210-unit garden-style apartment community in South Fulton, a prominent suburb of Atlanta, Georgia. This acquisition marks Monday Properties’ first foray into the Atlanta market and represents the on going expansion of its multifamily portfolio, which includes more than 6,700 housing units currently in operation and in the development pipeline across the East Coast.

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“Our entry into Atlanta aligns with Monday Properties’ strategic vision to target high-growth markets and bring new capital investment to multifamily properties across the Southeast,” said Anthony Westreich, Founding Managing Partner at Monday Properties. “As the nation's ninth-largest economy with projected population growth of 6 percent over the next five years, Atlanta’s robust economic fundamentals and strong demographic trends make the Villas at Princeton Lakes an ideal addition to our portfolio.”

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“The partnership between RSN Property Group and Monday Properties brings together two firms with extensive multifamily experience and a shared outlook on the underlying fundamentals set to propel the sector to new heights,” said Reed Goossens, Founder and CEO, RSN Property Group. “By combining our local market expertise and Monday's proven investment track record in the multifamily sector, we are uniquely positioned to identify and execute on compelling opportunities throughout the Atlanta metro area.”

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Built in 2004, Villas at Princeton Lakes offers spacious one-, two- and three-bedroom floor plans featuring private patios, walk-in closets and in-unit washer/dryer connections. The pet-friendly community boasts resort-style amenities including a swimming pool, business center and meticulously landscaped grounds. The property’s prime location at 751 Fairburn Road SW provides excellent access to Hartsfield-Jackson Atlanta International Airport and Interstates 285 and 20.

Monday Properties plans to implement strategic capital improvements to the property, including kitchen upgrades featuring subway tile back splashes, painted cabinets and new hardware. The renovation program will enhance the property’s competitive position in the market and help drive resident retention.

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The partnership between Monday Properties and RSN Property Group leverages both firms’ complementary strengths in deal sourcing, infrastructure and market expertise. The partnership has secured favorable financing through Freddie Mac and is actively exploring additional investment opportunities in the greater Atlanta region.

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This acquisition continues Monday Properties’ strategic expansion across high-growth markets, building on its successful track record in Stamford, CT, Northern Virginia and Charleston, SC. The company’s portfolio features innovative properties designed with a focus on sustainability, proptech integration and amenities that promote wellness, flexibility and community connection. The firm was named a "Multifamily Influencer" by GlobeSt. in 2024, recognizing its leadership and success in the sector.

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