Resia Tributary sells for $73.25M in metro Atlanta

ATLANTA, April 22, 2026 –  JLL Capital Markets announced today that it has secured the $73.25 million sale of Resia Tributary, a 433-unit multifamily community in Douglasville, Georgia.

JLL represented the seller, Resia. The buyer was Elmington Residential.

Resia Tributary, located at 1851 Market St., offers convenient access to Interstate 20 and sits within minutes of Atlanta's South Fulton industrial corridor, one of the largest industrial hubs in the eastern United States. The property is strategically positioned near major employment centers, including Google's data center campus and Amazon Web Services facilities, providing residents with proximity to high-paying job opportunities.

Douglasville has experienced remarkable growth, with the population increasing 40 percent since 2010. This expansion has been fueled by billions of dollars in corporate investment, including a $5 billion commitment from Amazon Web Services in January 2025 to develop data center campuses across Douglas County. The area benefits from a robust economy, with an average household income of $117,000 within a three-mile radius and continued population growth projected through 2029.

Resia Tributary, a modern concrete-built community completed in 2023, offers 314,065 square feet of residential space across seven buildings. The property features a mix of furnished studios, one- and two-bedroom apartments with contemporary finishes, including soft-close cabinetry, stainless steel appliances, granite countertops and hardwood-style flooring. Residents enjoy access to upscale amenities, including a 24-hour fitness center, swimming pool, pickleball court, outdoor gaming area, dog park and a multi-purpose community room with workspaces.

A unique feature of the property is its 12,341 square feet of onsite retail space, which is leased to various tenants offering dining, wellness and shopping options steps from residents' homes.

JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Senior Managing Directors Peter Yorck and John Weber and Vice President Dean Shoham.

"The sale of Resia Tributary highlights the continued investor demand for new construction multifamily assets in Atlanta's expanding western submarkets," said Yorck. "The property's strategic location along the I-20 corridor, winnowing supply in the submarket and anticipated 2026 rent growth made it an attractive acquisition opportunity."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Resia is an award-winning, housing platform that develops, builds and manages quality multifamily communities across the United States. Its mission is to deliver exceptional living experiences to the millions of American households currently spending more than half of their income on rent. Resia is a division of MRV&Co (MRVE3:BZ), one of the largest homebuilders in the world. For more information, please visit www.liveresia.com or www.mrv.com.br.

Elmington Residential is a vertically integrated acquisition and development firm focused on single-family build-for-rent and multifamily communities throughout Sunbelt. Founded in 2018, Elmington Residential has acquired or developed nearly 3,000 units and has just under $1.0 billion in total assets under management. Elmington Residential is an affiliate of Elmington Capital Group, a leading commercial real estate investment, development, construction, affordable housing and property management firm headquartered in Nashville, TN. The company's more than 1,000 employees operate, acquire, develop and construct properties throughout 29 states.