Single-family build-to-rent developer ARK Homes for Rent has opened its first corporate office in Atlanta, joining its existing headquarters in Bay Harbor Islands, Florida, according to a press release shared with Multifamily Dive.
ARK Homes for Rent manages 13 build-to-rent communities, as well as individual single-family rental homes, across the Southeast and Texas, according to the company website. The majority of its homes are purchased directly from home builders.
The company has nearly 10,000 homes in its portfolio and expects to grow its pipeline to more than 20,000, with $3 billion in new development or acquisitions planned over the next three to five years, ARK Homes Spokesperson Amy Gotzler told Multifamily Dive last year.
The company intends to expand its footprint beyond its current markets over the course of 2025, and has a series of initiatives in the works to support its operations, according to the announcement. As part of its strategic plan, it has hired Andy Wu for the newly created role of senior vice president, head of acquisitions, operating out of the new office.
Wu has over a decade of experience in real estate, investing and acquisitions, most recently as the vice president of acquisitions at Atlanta-based home builder ResiBuilt, where his work focused mainly on build-to-rent homes. In his new role, he will work with the executive team as it looks for growth opportunities for the company.
Nearly two dozen employees will be based out of the new Atlanta office, including the company’s chief financial officer, Wendy Gill, and her team, according to the release. Gill joined the company in August 2024, and is responsible for all of ARK Homes’s accounting and reporting functions.
"This marks an important step forward for our firm’s growth and innovation,” said John Isakson, CEO of ARK Homes For Rent, in the release. “2025 promises to be an exciting year for us fueled by innovative solutions, strategic partnerships and an unwavering focus on delivering value to customers and partners.”
