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

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

• Parallel 36 at Jailette strengthens Wrightwell’s footprint in the Southeast following Raleigh-Durham and Birmingham expansion
• The Firm seeks to deploy $100 million to acquire similar BTR assets before year-end 2025

‍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. Designed to meet the evolving preferences of today’s renters, 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.”

The community is conveniently located just 20 minutes from downtown Atlanta and near Hartsfield-Jackson Atlanta International Airport, the community offers immediate access to major highways, shopping, and dining destinations. Its suburban location, paired with thoughtful design and on-site services, offers residents a unique blend of comfort, connectivity and convenience.

“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.

Wrightwell Seeks to Deploy $100M+ By Year-End 2025

Wrightwell 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. The firm targets newly delivered or recently constructed assets in high-growth suburban markets, with an emphasis on communities that are fully stabilized or in the lease-up phase.

Own, develop, or sell BTR communities in the Southeast? Let’s connect: Deals@wrightwell.co.

‍Media Contact:

Jessica Rutledge
jrutledge@wrightwell.co
917-683-6820

Parallel 36 at Jailette is located at 4001 Virginia Lane, Atlanta, GA 30349. For more information, please visit: https://www.parallel36jailette.com/

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About Wrightwell

Wrightwell is a real estate investment and operating platform offering its suite of services to captive capital partners and third-party clients. For more information, please visit: www.wrightwell.co.

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