Hollywood – June 25, 2018

Last quarter was very busy at PointOne Holdings.  We broke ground on two institutional quality multifamily development projects with a total of 614 apartment units and a development value of $90 million:

The Promenade at Newnan Crossing: A 298-unit, Class-A multi-family Project with a mix of 3-story apartments and for-rent townhomes located in the Metro Atlanta City of Newnan, Georgia.

The Exchange at Holly Springs: a 316-unit Class-A luxury garden style apartment community to be located in the high-growth Raleigh-Durham suburb of Holly Springs, North Carolina.

Both properties are running on schedule and we expect the first residents to move-in during the second quarter of 2019.

The lack of recent deliveries and further constraints in supply, combined with the substantial increase in population, has created a shortage of rental options at both locations.  We are already getting calls from future residents!!!

We are excited about these two development projects and will have a few similar opportunities to present to you in the next few weeks.

PointOne Holdings is a real estate investment firm headquartered in South Florida and Atlanta with properties located throughout the Southeastern United States and Texas. The firm owns and manages a diversified portfolio of residential and commercial assets valued in excess of $730 million. PointOne Holdings’ core principles are founded on precise investment selection, thorough due diligence, creative deal structuring, strong financial management and proactive and responsive communication. PointOne Holdings’ principals are seasoned professionals with over 40 years of combined experience who have collectively conducted over $1.9 billion in real estate transactions. For more information visit www.pointoneholdings.com