Wrightwell Grows Build-to-Rent Portfolio with Acquisition of 108-Unit Townhome Community in Southeast Atlanta

ATLANTA, Aug. 19, 2025 – Wrightwell, a real estate investment and operating firm, today announced the acquisition of Parallel 36 at Jailette, a premium build-to-rent ("BTR") townhome community in East Point, Georgia, part of the greater Atlanta metropolitan area.

This acquisition represents Wrightwell's third major transaction of 2025 and underscores the company's continued growth in high-demand Southeast markets. Earlier this year, Wrightwell acquired Parkside Townhomes, a 40-unit Class A BTR community in Cary, North Carolina, as well as another acquisition in Birmingham, Alabama.

Parallel 36 at Jailette was completed in 2022 and features a mix of spacious three- and four-bedroom townhomes. Each residence includes open-concept layouts, chef-inspired kitchens with granite countertops and stainless-steel appliances, smart home features, and in-unit washers and dryers. Community amenities include a resort-style swimming pool, clubhouse, playground, dog park and professional on-site leasing office.

"The acquisition of Parallel 36 reflects Wrightwell's strategic focus on high-quality, fully amenitized, build-to-rent assets in high-growth markets," said Anthony DePalma, Co-Founder and CEO of Wrightwell. "Atlanta continues to demonstrate strong demand for rental housing—particularly for premium townhome living that combines the space and privacy of a single-family home with the ease and amenities of multifamily."

"Build-to-rent remains one of the fastest-growing segments in residential real estate," added Alex Kahn, Co-Founder and COO of Wrightwell. "With Parallel 36, we're deepening our presence in a core Southeast market while delivering on our mission to offer thoughtfully designed homes and exceptional service in communities where today's renters want to live."

Wrightwell closed on Parallel 36 at Jailette and Parkside Townhomes in less than 45 days. The firm is actively acquiring Class A BTR and single-family rental communities throughout the Southeast and seeks to deploy more than $100M by year-end 2025.