Flournoy Partners achieves value creation in the multifamily residential housing sector through a two-fold business strategy: ground-up construction, where attractive risk-adjusted returns merit new development, and the acquisition and improvement of selective communities, which can contribute to the aesthetics, growth, and sustainability of a community.
Flournoy Properties is actively seeking quality investment opportunities throughout the southeast. Among the renewal and new development projects already underway is Axis West, a ground-up development of luxury apartments in a prime location in Orlando, Florida’s entertainment submarket, and Addison Park, a 337 apartment acquisition in Montgomery, Alabama.
Flournoy Partners, under the leadership of President Jake Flournoy, capitalizes on an extensive network of relationships built over decades in real estate development to establish strong, strategic partnerships with developers, managers, and investors. The company’s vast deal sourcing network and staff of experienced real estate professionals work together to provide superior returns for investors, clients, and partners.
Flournoy Partners is built on a foundation of placing people and relationships first to ensure long term success for both individuals and their organizations. The company is dedicated to improving communities and the quality of life of its associates. Financial success is celebrated by a deep commitment to charitable giving at the local level.
Flournoy Partners’ foundation of strong ethics and core values is at the heart of the company’s emphasis on socially responsible development. The company’s focus is on acquisition of cash-flow properties of greater than 150 units for capital preservation and value creation through strategic renovations, complemented with enhanced management and implementation of attractive low-interest rate debt financing.
With exceptional vision and meticulous planning, our partners preserve and repurpose historic buildings for multi-family housing, creating communities with unique character that are attractive to financially stable professionals and long-term residents.
By repositioning vacant, deteriorating, or underused buildings into modern, vibrant multi-family properties, Flournoy Partners creates an immediate and lasting impact on the entire community, economically, ecologically, and socially.
Brand new, exceptional multi-family communities meet a city’s housing needs in an environmentally sustainable and economically pragmatic manner. Where strong risk adjusted returns justify the demand for new construction, new development projects will be identified.
Flournoy Partners’ new development projects will focus on value creation through exceptional design and function, creating communities that attract professionals and well established citizens looking for modern, luxury residential lifestyles. Projects will be greater than 200 units and will be located in communities with proven strong job growth or an environment of consistent supply.