Shoff Allison, Principal of Hawthorne commented: “We are excited to joint venture with AXA IM Alts to acquire this extremely well-located asset in one of the most desirable markets in the Southeast. Hawthorne Residential looks forward to implementing a renovate-to-core strategy and enhancing the lives of the residents of this community.”
About Hawthorne Residential Partners
Hawthorne Residential Partners is a fully-integrated, multifamily investment, management, and development firm. Headquartered in North Carolina, Hawthorne operates over 175 communities and 40,000+ units across eight states in the Southeast and Texas. Hawthorne has a robust investment and management platform, operating a portfolio valued at over $8.0 billion. The company was founded in 2009 based on the “Live It” difference — a daily commitment to go above and beyond for associates, partners, and the thousands of individuals that are proud to call a Hawthorne community home.