News

Jubilee Christian Church International & Oasis Sober Living Program benefit from outreach Parkland Communities believes in being a responsible corporate citizen. Last year was no exception, with the developer providing year-end gifts to two worthwhile organizations – Jubilee Christian Church International & Oasis Sober Living. Corporate social responsibility is a cornerstone of Parkland...

Jim Jacobi, president of Parkland Communities and Parkland Residential, is a featured panelist during the 10th Annual IMN Single Family Rental Forum in Scottsdale, Arizona, December 5 – 7, 2022. This industry-leading event brings together REITs, funds, aggregators, investors, developers, home builders and others for two-and-a-half days of lively discussion, thoughtful debate, and networking. Jacobi has...

Parkland Communities Inc., a privately-owned, multifaceted real estate development and investment firm in Atlanta, announces that Land Development Permits are in hand for 389 lots in the City of Stonecrest located on Hayden Quarry Road at Turner Hill Road. Located along the I-20 growth corridor in DeKalb County, the community includes both build-to-rent townhomes and single-family homes for sale. Crestwind...

Sweetwater Springs in Lawrenceville locks in long-term financing Parkland Residential announces the successful BTR refinance of phase one of Sweetwater Springs through Fannie Mae. This wildly successful build-to-rent community leased its initial 58 townhomes within 90 days – before construction was even complete! “Thanks to Fannie Mae, Sweetwater Springs is refinanced, securing our long-term...

Parkland Communities is pleased to announce zoning approval for Windance Lake, a 111 single-family home community in south Gwinnett County. The 50.87-acre property is located on Beaver Road in Loganville; projected home prices start from low $400,000s. This area of Gwinnett County is known for its equestrian lifestyle, with many beautiful horse farms that create a quiet pastoral setting for the area. Zoned...

Parkland Communities announces it recently received approval for three Gwinnett County zonings. These developments are situated in sought-after locations and represent much-needed missing middle housing in a growing county. A total of 214 homes are approved across three communities – 67 stacked townhomes in Lawrenceville, 101 single-family homes in Grayson and 46 traditional townhomes in...

Parkland Communities announces the sale of $19 million in land holdings to multiple home builders including Century Communities, McKinley Homes, NVR Homes and Rocklyn Homes. Comprised of four land developments, 290 acres and 775 lots in desirable areas of metro Atlanta, these communities are located in DeKalb and Gwinnett counties. Highlights of the transactions are: Century Communities purchases 160-lot...

Parkland Residential announces its newest build-to-rent project Sugarloaf Springs in Lawrenceville, Georgia was recently approved for rezoning by the Gwinnett County Board of Commissioners. Featuring 116 stacked townhomes, Sugarloaf Springs is located on 10 acres at 3440 and 3460 Sugarloaf Parkway near the intersection of Sugarloaf Parkway and Five Forks Trickum Road. “This community is perfectly poised...

Parkland Communities continues to experience rapid growth due to home builder demand for developed lots. To meet this need, Parkland Communities recently added two land acquisition team members – Richard Edwards and Joe Pressley. “The unquenchable thirst for developed lots is fueling unprecedented growth for Parkland Communities,” Parkland Communities President Jim Jacobi said. “We are excited to...

Parkland Residential announces Sweetwater Springs in Lawrenceville is fully leased. All 58 townhome units were fully pre-leased within 90 days. Of note is the renters’ high level of financial literacy, providing that many people rent for the location and convenience even when they can afford to buy. “This community is perfectly positioned to meet missing middle demand and leasing 58 units in just 90...