Marcus Partners and RPM Investments Acquire Metro Atlanta Multifamily
Purchase Marks Marcus Partners’ Expansion and Re-entry into the Southeast
Marcus Partners and RPM Investments announced today its acquisition of The Heights at Shadowood, a 287-unit Class A multi-family community in Cumberland, GA, proximate to the vibrant mixed-use entertainment district known as The Battery Atlanta. For Marcus Partners, the acquisition represents a deliberate and strategic return to the Southeast region. Following its purchase, the property will be renamed The Maddux at Shadowood.
“The Maddux at Shadowood marks a pivotal re-entry into the Southeast for our firm,” said Andrew Dolinsky, Partner of Marcus Partners. “Securing brand new product below replacement cost, with additional light value-add enhancements, makes this a particularly compelling acquisition. Across select Southeast markets, we plan to pursue further investments, supported by favorable demographic trends, a pro-business climate, and in anticipation of moderating near-term supply.”
Delivered in 2023, the property features luxury finishes and best-in-class amenities, including a rooftop pool with skyline views. Ideally situated within walking distance of The Battery’s extensive dining, retail, and entertainment options, the property benefits from Cumberland’s transformation into a vibrant live-work-play destination anchored by the Atlanta Braves’ Truist Park. Additionally, the property provides immediate highway access via I-285 and I-75, facilitating an easy commute to most major employment centers. This prime location with relatively high supply barriers supports strong long-term demand and positions the asset for sustained outperformance.
The transaction emphasizes RPM Investments’ commitment to acquiring institutional-quality multifamily assets in high-demand, supply-constrained markets. “The addition of The Maddux at Shadowood strengthens our portfolio, supports the continued expansion of our operational capabilities, and aligns well with our strategic vision for our Southeast portfolio,” said Ron Bonneau, Partner of RPM Investments. “By leveraging our integrated management platform and deep local expertise, we are well-positioned to provide an exceptional living experience for residents while creating long-term value for our investors.”
The transaction was facilitated by Don Hoffman of CBRE Southeast Multifamily.
About Marcus Partners
Marcus Partners is a vertically integrated real estate firm with a team that has a 30-plus year history of successful investment, management and development. The firm is headquartered in Boston, with regional offices in Metro New York and the Mid-Atlantic. The firm focuses on strategic and opportunistic investment strategies across industrial, multifamily, and other property types where it can create value and maximize risk-adjusted returns. Marcus Partners and its affiliates own, control, operate or are developing 7M+ square feet of real estate and 3,200+ multifamily units.
About RPM Investments
RPM Investments is a privately held real estate investment firm specializing in the acquisition, ownership, and management of institutional-quality multifamily communities in high-growth markets across the United States. As part of the RPM Living platform, RPM Investments leverages deep local expertise and a fully integrated management approach to create value for residents and investors alike. With a proven track record of success in both stabilized and value-add strategies, RPM Investments is committed to delivering exceptional results and enhancing the resident experience across its expanding national portfolio.
17 June 2025