Popular on Rezul
- Robert DeMaio, Phinge CEO to Speak at 30th IIPLA 2026 on Securing IP, User Data & Digital Sovereignty via Verified App-less Tech. Attend the Live Q&A! - 195
- JiT Home Buyers Expands Local Presence to 18 Real Estate Markets Across the United States - 170
- Sales Blueprint Architect Launches, Helping Sales Professionals, Business Owners, and Consultants Close More Business With AI - 127
- CasaPerks and CredHub Partner to Help the Multifamily Industry Strengthen Resident Activation Through Credit-Building Rewards - 119
- DuoKey launches the World's First Agentic Crypto Agility Platform - 101
- PulteGroup expands Northeast Florida presence with Oakmere coming soon to Mandarin
- Break the Resume Mold: Career Valet Changes How Executives Hunt for Jobs
- Supreme Garage Door Repair Redirects Marketing Dollars Into North Texas Communities
- VC Fast Pitch and Steamwork Ventures Bring Startup & Investor Networking Event to Santa Barbara on October 8
- Titan Pressure Washing Demonstrates How to Clean Paver Driveways Without Sacrificing Landscaping
Similar on Rezul
- Father-Son Team Joe and Tom Ruble Announce Grand Opening of The Glass Guru of West Portland
- Waterfront Pool Home Market Holds Steady Through August 2026
- Solid Earth's new "Welcome to Real Estate" campaign introduces RealtyID™: Know Before Your Open the Door
- Stockdale Capital Partners Announces Strategic Partnership in AI Platform Zinq AI
- Inglewood Associates and Gordon Brothers Provide Update on Sale Process for 925 Euclid Avenue in Cleveland
- Brevard County, Florida Fall 2026 Property Rental Update
- Bank Statement Loans Up to $30 Million: Lendmire Announces High-Net-Worth Financing
- ConnectNeighbors.com Launches Free Nationwide REALTOR® Referral Search Service
- Historic Abington Park Estate Comes to Market for Its Next Chapter
- MAD Properties Group's Give Back Program Returns Commission Dollars to Military Buyers and Sellers
PXV Multifamily Acquires 216-Unit Atlanta Apartment Community for $29.5 MM
Rezul News/10742215
The acquisition in JV with Pamera NA, is PXV's first since its formation and the beginning of the firm's strategy to build a national multifamily portfolio through operationally driven and value add investments.
MIAMI - Rezul -- PXV Multifamily, the private multifamily investment and operating firm launched by industry veteran Matt Ferrari in November 2025, has acquired Village on the Green, a 216-unit apartment community in Atlanta, Georgia for $29.5 million. PXV Multifamily acquired the property in joint venture with Pamera North America.
Located at 2975 Continental Colony Parkway SW in southwest Atlanta, Village on the Green, which will be rebranded as The Grove at Ben Hill, is a garden-style, gated rental community with a mix of one-, two- and three-bedroom apartment homes and townhomes, housed in 15 residential buildings on a 16-acre site. Common area amenities include a resident clubhouse with business and fitness center, swimming pool and pool house, tennis courts, grilling and picnic area and children's playground.
"Closing our first acquisition is a major milestone for PXV and validates the investment thesis on which we launched the company just six months ago," said Matt Ferrari, founder and CEO of PXV Multifamily. "The Grove at Ben Hill, is exactly the type of opportunity we're seeking: a fundamentally sound property in a high-growth market where operational execution can create substantial value. We believe the asset's current performance significantly understates its long-term potential."
More on Rezul News
PXV's investment represents a compelling value add opportunity as most of the units are in their classic condition or have been only partially renovated since the project was built in 2004. PXV will begin by addressing deferred maintenance issues and installing washers and dryers in 100% of the units.
PXV will also leverage its operations-focused platform to improve property performance, increase occupancy and capture rent growth opportunities while maintaining affordability relative to new construction alternatives in the market.
"One of the things that immediately attracted us to the property was the clear operational upside," Ferrari said. "This is not a story about financial engineering. It's about applying disciplined asset management, resident-focused operations and targeted capital improvements to unlock value. That's the foundation of the PXV platform and the approach we intend to replicate across the country."
The Grove at Ben Hill benefits from numerous demand drivers including the metro's strong population growth, employment expansion, business-friendly environment and thriving single family housing market which has created durable renter demand.
"We were able to acquire the asset at a significant discount to replacement cost in a submarket where supply is not keeping up with demand," added George Nausha, Managing Director of Acquisitions. "Through targeted operational initiatives, we see a meaningful opportunity to enhance the asset's performance to capitalize on the region's strong demographic and economic fundamentals."
More on Rezul News
The Grove at Ben Hill is expected to be the first of several acquisitions PXV pursues in 2026 as it continues to expand its presence in key U.S. multifamily markets.
"This asset fits our investment approach perfectly. We identify differentiated opportunities based on high-conviction themes and team up with best-in-class operating partners with a demonstrated track record," said Cord Ernst, Managing Partner of Pamera NA. "We believe the compelling basis and clear operational upside will deliver outsized returns for our investors. We are excited to team up with PXV on this transaction since we believe that deep operational experience is key in the current market environment."
The property was marketed on behalf of the seller by the Cushman & Wakefield team of Travis Presnell, Wesley Lacefield, and Mike Kemether, who are based in the firm's Atlanta office. PXV was represented by Ferrari and Nausha.
About PXV Multifamily
PXV Multifamily (http://www.pxvmultifamily.com) is a Miami‑based real estate investment firm focused on acquiring and operating multifamily properties across the United States. Backed by Houston‑based BroadVail Capital Partners, PXV aims to acquire $2 billion in multifamily assets over the next three years through a disciplined, operations‑driven investment strategy.
About Pamera North America:
Pamera North America, headquartered in New York City, invests in US real estate on behalf of institutional and private investors from Germany.The firm specializes in acquiring core to opportunistic commercial real estate across the United States. The current focus is on multifamily, industrial and retail opportunities which will be structured in joint ventures with leading operating partners.
Located at 2975 Continental Colony Parkway SW in southwest Atlanta, Village on the Green, which will be rebranded as The Grove at Ben Hill, is a garden-style, gated rental community with a mix of one-, two- and three-bedroom apartment homes and townhomes, housed in 15 residential buildings on a 16-acre site. Common area amenities include a resident clubhouse with business and fitness center, swimming pool and pool house, tennis courts, grilling and picnic area and children's playground.
"Closing our first acquisition is a major milestone for PXV and validates the investment thesis on which we launched the company just six months ago," said Matt Ferrari, founder and CEO of PXV Multifamily. "The Grove at Ben Hill, is exactly the type of opportunity we're seeking: a fundamentally sound property in a high-growth market where operational execution can create substantial value. We believe the asset's current performance significantly understates its long-term potential."
More on Rezul News
- Kaplan Morrell and Attorney Jacqui Condon Selected to Represent Professional Women's Soccer Players in Workers' Compensation Matters
- ClearSight Therapeutics Receives NIH SBIR Phase I Award for Conjunctivitis and EKC Research
- Stockdale Capital Partners Announces Strategic Partnership in AI Platform Zinq AI
- Lunai Bioworks (N A S D A Q: LNAI) Takes Parkinson's Discovery to the Next Level With Exclusive Tanaist Agreement
- Revenue Optics Names Prat Patibandla Director of Growth Marketing
PXV's investment represents a compelling value add opportunity as most of the units are in their classic condition or have been only partially renovated since the project was built in 2004. PXV will begin by addressing deferred maintenance issues and installing washers and dryers in 100% of the units.
PXV will also leverage its operations-focused platform to improve property performance, increase occupancy and capture rent growth opportunities while maintaining affordability relative to new construction alternatives in the market.
"One of the things that immediately attracted us to the property was the clear operational upside," Ferrari said. "This is not a story about financial engineering. It's about applying disciplined asset management, resident-focused operations and targeted capital improvements to unlock value. That's the foundation of the PXV platform and the approach we intend to replicate across the country."
The Grove at Ben Hill benefits from numerous demand drivers including the metro's strong population growth, employment expansion, business-friendly environment and thriving single family housing market which has created durable renter demand.
"We were able to acquire the asset at a significant discount to replacement cost in a submarket where supply is not keeping up with demand," added George Nausha, Managing Director of Acquisitions. "Through targeted operational initiatives, we see a meaningful opportunity to enhance the asset's performance to capitalize on the region's strong demographic and economic fundamentals."
More on Rezul News
- Independent Autopsies Are Changing Civil Cases: Kansas City Forensic Explains Why Families Are Seeking Second Opinions
- JEGS Launches Transformed Digital Commerce Platform Powered by PhaseZero
- Subject matter experts: Present your ideas at IISE Annual Conference 2027 in Louisville
- Cummings Graduate Institute Celebrates New Doctor of Behavioral Health Graduates
- Visit London Appoints The SEO Works for AI-First Search Strategy
The Grove at Ben Hill is expected to be the first of several acquisitions PXV pursues in 2026 as it continues to expand its presence in key U.S. multifamily markets.
"This asset fits our investment approach perfectly. We identify differentiated opportunities based on high-conviction themes and team up with best-in-class operating partners with a demonstrated track record," said Cord Ernst, Managing Partner of Pamera NA. "We believe the compelling basis and clear operational upside will deliver outsized returns for our investors. We are excited to team up with PXV on this transaction since we believe that deep operational experience is key in the current market environment."
The property was marketed on behalf of the seller by the Cushman & Wakefield team of Travis Presnell, Wesley Lacefield, and Mike Kemether, who are based in the firm's Atlanta office. PXV was represented by Ferrari and Nausha.
About PXV Multifamily
PXV Multifamily (http://www.pxvmultifamily.com) is a Miami‑based real estate investment firm focused on acquiring and operating multifamily properties across the United States. Backed by Houston‑based BroadVail Capital Partners, PXV aims to acquire $2 billion in multifamily assets over the next three years through a disciplined, operations‑driven investment strategy.
About Pamera North America:
Pamera North America, headquartered in New York City, invests in US real estate on behalf of institutional and private investors from Germany.The firm specializes in acquiring core to opportunistic commercial real estate across the United States. The current focus is on multifamily, industrial and retail opportunities which will be structured in joint ventures with leading operating partners.
Source: PXV Multifamily
Filed Under: Real Estate
0 Comments
Latest on Rezul News
- Gary Bernstein Expands Media Leadership Role With Senior Strategic Advisor Appointment To Blacksun Private Equity
- Headline: House of Nova Paints Every Face in Gold at New York Fashion Week
- Can Government Operate Better Through Innovation?
- MAD Properties Group's Give Back Program Returns Commission Dollars to Military Buyers and Sellers
- Pinnacle Home Improvements Named Best Siding Company in Atlanta by My Home Improvement Magazine
- Michael H. Kaplan Advocates for Seriously Injured Colorado Workers Who Need In-Home Care
- David Weekley Homes Readies 156 Acres for New 55 + Community to Debut in McDonough in Fall 2026
- Corner Property Management AAMC Partners with Georgetown Mews for Enhanced Community Operations
- From The Good Life Show to The American Dream: Shaun Alston's Story Comes Full Circle
- Infinity Infusion Solutions Named Finalist for D Magazine's D CEO 2026 Excellence in Healthcare Awards
- Distinctive Domain Receives 2025 Custom Home Remodel Transformation Award: Martinsville Renovation
- Kids Art Day Brings Creativity, Smiles, and Community Together at Colony Ridge
- Why Our Motto Is "Building a Future Together"
- Andrew-Thomas Contractors Launches Enhanced Safety Bollards Resource for Denver Metro Businesses
- Mesa West Capital Originates $27 Million Loan for Seattle Apartment Acquisition
- Canadian Tint Expo 2027: Why Every Window Tinter Should Compete in Niagara Falls on April 3rd & 4th
- The Drywall Helper Introduces a Versatile Approach to Measuring and Supporting Drywall
- InvisoScreen™ Introduces a New Approach to Window Screening
- Mach One Reports Launches Voice-First Software That Builds Inspection Reports On Site
- Building a Diversified Healthcare Platform as Exosome Science, Telehealth, Diagnostics & Strategic Acquisitions Converge: NexTel Medical (OTCID: MAJI)