June 20, 2026

Savannah-area apartment complex set for major renovations

As featured in “Savannah Morning News”

Evan Lasseter, Savannah Morning News, 20 June, 2026

RREAF Holdings was recently featured in Savannah Morning News following the acquisition of a 300-unit multifamily community in Savannah, Georgia. The acquisition further expands the firm’s presence in a market supported by strong economic fundamentals, continued population growth, and steady renter demand.

Read more below for additional details regarding the acquisition and RREAF Holdings’ plans for the community.

RREAF Holdings, in partnership with Axonic Capital, recently acquired The Palms at Chatham, a multifamily community located in Savannah, Georgia. The property will undergo a comprehensive renovation program and will be rebranded as Linden at Southover.

The planned capital improvement initiative is expected to include extensive upgrades throughout the community, including enhancements to common areas, landscaping improvements, pool renovations, and interior and exterior property improvements designed to modernize the asset and further enhance the resident experience.

Brad Webb, Chief Investment Officer of RREAF Holdings, highlighted the firm’s continued confidence in the Savannah market.

“Savannah remains a core market for RREAF, supported by a diverse economic base, steady in-migration, and consistent renter demand,” Webb said. “This investment reflects our continued conviction in the market and further strengthens our partnership with Axonic Capital. The opportunity to acquire a well-located asset with significant value-add upside aligns directly with our value-add strategy. We believe we can meaningfully enhance the community while delivering strong, risk-adjusted returns.”

The property offers one-, two-, and three-bedroom residences and benefits from convenient access to Interstate 516 and U.S. Highway 80, positioning residents near major employment centers, retail destinations, and surrounding amenities.

RREAF Holdings continues to pursue strategic acquisitions across high-growth Sun Belt markets, focusing on opportunities where operational expertise and targeted capital improvements can create long-term value for both residents and investors.

We appreciate and thank Savannah Morning News, and Evan Lasseter, for highlighting RREAF Holdings and sharing insight into the firm’s continued multifamily investment strategy and commitment to enhancing communities across the Sun Belt. To access the full article on Savannah Morning News, please click here.