American South Capital Companions Invests $15 MM in 236-Unit Attainable Housing Pattern Conclude to Atla
Carrollton Apartments
ATLANTA – Sept. 18, 2025 – PRLog — R. H. Ledbetter Properties has purchased a $15 million equity funding from American South Capital Companions (“ASCP”), by its $174 million American South True Property Fund II, to cling a 236-unit multifamily community within the Atlanta suburb of Carrollton, GA.
When carried out within the 2d half of of 2027, Carrollton Apartments will dispute to market a mix of one-, two- and three-bedroom dwelling properties. Despite the indisputable fact that Carrollton Apartments will seemingly be a superior market rate community with a top class level of facilities, along with a resort-style pool, community clubhouse, 24-hour fitness heart, grilling stations, pet park and inexperienced dwelling, unit rents will dwell capacity to heart-profits other folks and households of the dwelling personnel, presenting a fresh and compelling housing option for the Elevated Carrollton community. This partnership between Ledbetter Properties and ASCP displays their dedication to supporting excessive-quality, cause-driven capacity housing within rent-confused communities correct by the Southern United States.
“Rising capacity housing is a local govt priority so a amount of credit ranking goes to the ahead-thinking Carrollton city officials, along with the Mayor, people of the City Council, the City Manager and Director of Financial Pattern for recognizing the need for capacity housing and the affect it has on financial and job boost” said Joe Holmes, Executive Vice President of Pattern for Ledbetter Properties.
ASCP, a joint project of SDS Capital Group and Vintage Realty Firm, offers equity financing for real estate sponsors with initiatives located in 10 Southern states (Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas). The American South True Property Funds I and II funds cling, to this level, collectively committed $199M to 29 initiatives, financing 7,632 housing objects – 81% of them cheap to households at no longer as a lot as 80% of the AMI.
“Now we cling demonstrated our dedication all the draw by the last eight years to quality tendencies and investments correct by Georgia in markets along with a whole lot of neighborhoods in Atlanta and College Park. We are this fresh project with Ledbetter Properties, which may per chance provide mighty wanted capacity housing for the Carrollton community” said David Alexander ASCP Managing Accomplice and CEO of Vintage Realty Firm.
Bigger than half of the renters in Carrollton are cost-confused, that signifies that they pay bigger than 30 p.c or more of their profits on housing associated costs. As a consequence, approximately 80 p.c of the 25,000 other folks that work in Carrollton reside initiate air town to come up with the money for housing.
“Carrollton’s solid job boost recently has outpaced the provision of housing alternate options within town,” said Deborah La Franchi, ASCP Managing Accomplice and CEO of SDS Capital Group. “With most fresh style all the draw by the last two a protracted time targeted on dapper-lot properties initiate air Carrollton, Carrollton Apartments will to find capacity housing for the local personnel, allowing the americans that drive town’s financial system to reside right here, no longer factual inch back and forth right here.”
About American South Capital Companions
American South Capital Companions manages a family of tangible estate funds targeted on investing in transformative cheap and personnel housing initiatives in ten states correct by the Southern U.S. American South Capital Companions, is a joint project between Los Angeles-essentially based affect fund supervisor SDS Capital Group (www.sds.capital) and Vintage Realty Firm, a Shreveport, Louisiana-essentially based property developer/supervisor.
About R.H. Ledbetter Properties
R.H. Ledbetter Properties, LLC (“Ledbetter”)
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