Elmington Residential has acquired Resia Tributary, a 433-unit apartment community in Douglasville, Ga., from Resia for approximately $73 million. The new owner, a Nashville, Tenn.-based multifamily and build-to-rent investment and development firm, has rebranded the property as Sylvan Tributary. Resia, a Miami-based multifamily developer, completed Resia Tributary in 2023 and officially opened the Atlanta-area community […] The post Elmington R…
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