Another big build-to-rent project moves forward in Gwinnett County; Crescent, Heitman JV closes on land for 151-unit Harmon Cedar Run in Lawrenceville

  • 5/2/2025

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Urbanize Atlanta

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A national analysis in February found that metro Atlanta ranks third in the U.S. “boom” of build-to-rent housing, and that trend shows few signs of petering out. 

The latest company to dip toes in the BTR zeitgeist is Crescent Communities, a Charlotte-based developer that’s been building trendy, mixed-use apartment complexes in hot intown Atlanta neighborhoods such as Buckhead and Old Fourth Ward for years. 

Crescent officials announced Thursday they've closed on acreage in Lawrenceville, Gwinnett County's growing county seat, to build the company's first BTR community (non-apartments) in metro Atlanta.

Heitman
Gordon Black | Senior Managing Director, Private Equity, Core-Plus Platform
Crescent Communities
Michael Tubridy | Senior Managing Director-Southeast
Crescent Communities
Tony Chen | Senior Managing Director-BTR
Heitman
Brian Pieracci | Managing Director, Private Equity-North America
Heitman
Thomas McCarthy | Senior Managing Director, Private Equity-North America

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