ATLANTA, June 26, 2025: Fogelman Properties (Fogelman), one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of a 250-unit apartment community located in Villa Rica, Georgia, a western suburb of Atlanta. Formerly known as Hawthorne at Mirror Lake, the property will be renamed as part of a rebranding initiative aligned with extensive renovations and amenity enhancements.
Built in two phases in 2003 and 2018, the newly acquired community features one, two and three-bedroom apartment homes within the established Mirror Lake planned development. The property is currently 96% occupied and will be managed by Fogelman. Planned upgrades include comprehensive interior unit renovations, updated signage, enhancements to the pool and outdoor pavilion area, repurposing of the tennis court and improvements to the community playground and dog park.
“Villa Rica is a vibrant and fast-growing community just 30 minutes west of downtown Atlanta,” says Mike Aiken, SVP of Investments at Fogelman. “Its location within the established Mirror Lake master-planned development, along with strong population growth and ongoing retail and infrastructure investment, makes this property a strategic addition to our portfolio.”
For more information, visit www.fogelman.com.
About Fogelman Properties
Fogelman is one of the country’s largest and most experienced privately-owned multifamily investment and property management companies. As a fully integrated company with more than 60 years in the industry, Fogelman specializes in multifamily acquisitions, property management, construction management and asset management. Nationwide, Fogelman operates 100 multifamily communities totaling more than 30,000 apartment homes across 13 states in the Southeast, Southwest and Midwest. Fogelman ranks as a nationwide Best Places to Work in Multifamily®, published annually by Multifamily Leadership and as a 2024 top 40 property management company by Multi-Housing News. Fogelman is also recognized as one of Newsweek’s Most Loved Workplaces®. For more information about Fogelman, please visit www.fogelman.com or follow us on Facebook, LinkedIn and Instagram.