Parkland Residential, the build-to-rent division of Parkland Communities, announces that Sugarloaf Landing in Lawrenceville has reached 98% leased and successfully completed refinancing with United Bank through a new five-year loan.
The refinancing marks a significant milestone for the 114-home rental community, which achieved stabilization just over one year after vertical construction began in August 2024. The community officially celebrated its grand opening in February 2025 and has experienced strong leasing momentum since opening.
“Reaching 98% leased and securing long-term financing demonstrates the strength of both the Sugarloaf Landing product and the strong demand for high-quality rental housing in Gwinnett County,” said Jim Jacobi, president of Parkland Residential. “This milestone reflects the hard work of our development, construction and leasing teams, along with United Bank throughout the process.”
Sugarloaf Landing features rear-entry stacked townhomes designed to provide residents with a low-maintenance lifestyle paired with upscale finishes and professionally managed amenities, including a swimming pool and cabana. Residents also enjoy shared access to the playground and dog park at its sister community, Sugarloaf Crest, located across the street. The community appeals to renters seeking more space, a garage and privacy than traditional apartment living provides while still enjoying maintenance-free living.
Leasing and property management are handled in-house by Prim Properties, which has overseen rapid lease-up activity at the community.
“The leasing velocity at Sugarloaf Landing exceeded expectations from the start,” said Brett Forney, managing partner at Prim Properties. “Residents are responding to the quality of the homes, the location and the overall lifestyle the community offers. Achieving stabilization this quickly is a strong indicator of continued demand for thoughtfully designed build-to-rent communities.”
Sugarloaf Landing is located at 3440 Sugarloaf Parkway in Lawrenceville, with nearby shopping, dining, entertainment and major employment centers like Northside Hospital Gwinnett, providing residents with both convenience and lifestyle amenities just minutes from home. The community’s success further strengthens Parkland Residential’s growing presence in the Georgia build-to-rent market.
With only a few homes remaining in this highly sought-after, low-maintenance community, prospective residents are encouraged to tour the decorated model and secure a lease. Qualified applicants are also eligible for the Parkland Cares Program, which rewards first responders, healthcare providers, teachers, and city, county and state employees with up to $500 off their first month’s rent, along with waived application and administrative fees.
For leasing information or to schedule a tour, visit www.SugarloafLanding.com. For more information on Parkland Residential, visit www.ParklandCo.com.
Parkland Residential is a homebuilding company focused on creating build-to-rent communities. Based in metro Atlanta, the company aims to provide affordable missing-middle housing in areas where consumers want to live. Parkland Residential plans to build many new BTR communities coming soon.
Parkland Communities, Inc., the parent company of Parkland Residential, is a privately owned, multifaceted real estate development and investment firm specializing in residential properties. With over 20 years of experience in the industry, Parkland Communities Inc. uses the latest market data, technology and established relationships to strategically secure new development opportunities in Atlanta’s most desirable locations. The company’s hands-on philosophy has made it a proven leader in the industry with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders. For more information on Parkland Communities, visit www.ParklandCo.com.
Prim Properties, a property management company specializing in Build-to-Rent (BTR) communities, is committed to addressing the BTR sector’s unique needs, often misclassified as multi-family housing. Recognizing the distinct aspects that set BTR apart, Prim Properties exclusively manages BTR communities, emphasizing the creation of homes and communities rather than merely leasing units. This approach includes customized marketing strategies that cater to the dynamics and demands of the BTR industry. This focused strategy allows Prim Properties to effectively fill the existing gap in property management, ensuring that BTR communities receive the specialized attention they require and deserve. For more information on Prim Properties, email info@primprop.com or visit www.primprop.com.
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