Eden Living

What Eden Living does

Eden Living Development Partners LLC is a Miami-headquartered, privately held build-to-rent (BTR) residential developer founded in February 2021 by Jay Jacobson, Jay Massirman (principals of EDEN Multifamily), and Sergio Socolsky (principal of America's Capital Partners). The firm develops single-story detached horizontal apartments and two-story townhomes with private fenced backyards, attached garages, and Class A amenities (resort-style pools, fitness centers, dog parks, clubhouses) within infill and master-planned submarkets across Florida and the broader Southeast US. Eden Living's product portfolio consists of four named communities: Eden at Kendall West (265 units, Jacksonville, completed 2023), Eden at Heritage Lakes (373 units, West Melbourne), Eden Magnolia Village (130 units, Wildwood), and Eden at Tradition (214 units, Port St. Lucie) — totaling a pipeline of more than 2,000 BTR units in development and construction.

The company's business model combines residential rental income from completed communities with capital partner relationships. Eden Living earns rental revenue through monthly leases executed via on-site management teams (operated in affiliation with third-party property manager RKW Residential), while development is funded through institutional equity (Morgan Stanley Real Estate Investing up to $180M committed; Capital Advisors $22M GP equity; Westport Capital Partners and Sterling Equities as JV partners) and non-recourse construction debt arranged through JLL Capital Markets, City National Bank, and Synovus Bank. The firm targets two customer segments: institutional investors seeking diversified residential exposure in high-growth Southeast markets, and individual renters (families, remote workers) who desire single-family living experiences with privacy and outdoor space without homeownership commitments. Vertical integration covers market research, financial underwriting, due diligence, construction management, and investor relations across offices in Miami, FL and Belmont, NC.

Name

Eden Living

Legal name

Eden Living Development Partners LLC

Website

https://edenliving.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Eden Living is a Florida-based build-to-rent residential developer founded in 2021 that develops single-story detached horizontal apartments and townhomes for institutional capital partners and individual renters across the Southeast US.

Ownership category

akta.pro rank

Product category

Build-to-Rent Residential Real Estate Development

NAICS

Lessors of Residential Buildings and Dwellings (53111), New Multifamily Housing Construction (except For-Sale Builders) (236116), Rental and Leasing Services (532)

SIC

Real Estate (6500), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Build-to-Rent (BTR) Community Management (BPAJAFAC)

akta.pro secondary industry

New Development / Declarant Transition Management (BPAJAHAK)

Keywords

• Build-to-rent development
• Residential real estate development
• Multifamily housing development
• Townhome rental communities
• Horizontal apartment design

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Residential Rental Income: Eden Living generates revenue through monthly rental income from single-family homes and townhomes developed in their build-to-rent communities. Units feature private backyards, garages, and Class A amenities with rents premium over traditional multifamily units.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Eden Living is a residential build-to-rent (BTR) development firm that sources off-market and urban infill sites in targeted Florida and Southeast US submarkets, then develops and operates Class A single-story detached horizontal apartment homes and two-story townhomes with private fenced backyards and resort-style amenities. The company leases completed units directly to individual renters through on-site management teams and affiliated property manager RKW Residential, while raising institutional capital and joint venture equity from financial partners to fund development.

Product overview

Eden Living is a residential build-to-rent (BTR) development firm offering single-story horizontal apartments and two-story townhomes across Florida and the Southeast US. Their portfolio consists of four named community developments: Eden at Kendall West (265 units, Jacksonville), Eden at Heritage Lakes (373 units, West Melbourne), Eden Magnolia Village (130 units, Wildwood), and Eden at Tradition (214 units, Port St. Lucie). Each community features Class A amenities comparable to traditional multifamily properties, including private fenced backyards, resort-style pools, fitness centers, and dog parks, while providing the space and privacy of single-family living.

Differentiator

Problem solved

Functional benefit

Brands

• Eden at Kendall West: 265-unit build-to-rent community in Jacksonville, FL featuring single-story horizontal apartments and two-story townhomes with Class A amenities. Completed in 2023.
• Eden at Heritage Lakes
• Eden Magnolia Village
• Eden at Tradition

Products and services

• Eden at Kendall West A 265-unit Class A build-to-rent community in Jacksonville, FL, featuring 193 single-story horizontal apartments and 72 two-story townhomes with resort-style pool, fitness center, dog park, and private fenced backyards. Targeted at individual renters seeking single-family-style living with multifamily amenities.
• Eden at Heritage Lakes A 373-unit horizontal apartment and townhome community in West Melbourne, FL on the Space Coast, featuring 275 single-story horizontal apartments and 98 two-story townhomes with resort-style pool and fitness center. Targeted at individual renters in the Space Coast market.
• Eden Magnolia Village A 130-unit Class A build-to-rent community in Wildwood, FL adjacent to The Villages, consisting of single-story detached villas with fenced backyards, renewable energy sources, and smart home technology. Targeted at individual renters in the central Florida market near The Villages.
• Eden at Tradition A 214-unit build-to-rent townhome development in Port St. Lucie, FL within the 8,300-acre Tradition master-planned community, featuring two- and three-bedroom townhomes with attached garages and private backyards. Targeted at individual renters in the Treasure Coast market.

Quantifiable outcome

• Pipeline of more than 2,000+ BTR units in development and construction
• +3 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core, major and supporting.

• RKW ResidentialcoreStrategic or Co-development PartnerThird-party multifamily property management firm affiliated with Eden Living, handling operations for BTR communities. Headquartered in Charlotte with regional offices in Miami, New York, and Tampa. Manages 26,000+ multifamily units across six states including Eden Living properties.
• America's Capital Partners (ACP)coreStrategic or Co-development PartnerPrivate commercial real estate investment firm based in Coral Gables, Florida. Co-founding partner Sergio Socolsky serves as CEO of ACP. Long-term strategic partnership formed to develop BTR communities throughout Florida and the Southeast.
• Mattamy HomesmajorChannel Partner/ Reseller/ DistributorMaster developer of the Tradition community in Port St. Lucie sold the development site (nearly 20 acres) to Eden Living for the EDEN at Tradition BTR project.
• Summit Contracting GroupsupportingImplementation/ SI/ Consulting PartnerGeneral contractor selected for EDEN at Tradition project in Port St. Lucie.
• Certified General ContractorssupportingImplementation/ SI/ Consulting PartnerGeneral contractor for Eden Village (Eden Magnolia Village) project in Wildwood, Florida.
• MSA ArchitectssupportingImplementation/ SI/ Consulting PartnerArchitecture firm responsible for design of EDEN at Tradition project.
• Sterling EquitiesmajorStrategic or Co-development PartnerJoint venture partner formed to expand multifamily development and investment platform throughout the Southeast US for traditional multifamily properties.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Wood Partners: Multifamily developer where Eden founders Jacobson and Jessee previously worked. Develops Class A multifamily in high-growth US markets including Florida and Southeast — directly comparable development capability and product positioning.
• Horizon Land Company: Smaller-scale build-to-rent developer operating in Florida and other Sun Belt states. Develops single-family rental communities with private yards and Class A amenities at a similar scale and product positioning to Eden's projects.
• Toll Brothers Apartment Living: Multifamily development arm of luxury homebuilder Toll Brothers; develops Class A rental communities in similar high-growth Sun Belt submarkets. Operates at larger scale but in the same Class A rental product category.

Broad incumbents

• Invitation Homes: Largest US single-family rental REIT with 80,000+ homes. Operates a public-market single-family rental platform overlapping with Eden's product type, particularly in Sun Belt metros where Eden concentrates.
• American Homes 4 Rent: Public SFR REIT with ~59,000 single-family rental homes, including a significant build-to-rent development pipeline. Directly comparable product and target renter demographic to Eden's BTR communities.
• D.R. Horton: Largest US homebuilder with a sizable build-to-rent single-family rental business (including through Forestar). Competes with Eden in Sun Belt BTR site acquisition and development, and Eden hired ex-Forestar land acquisition executive Jacky Sasson.
• Lennar (Millrose Properties): Top US homebuilder that spun off Millrose Properties as a dedicated land acquisition platform and has been actively entering the BTR/single-family rental space in the same Sun Belt geographies where Eden operates.

Others

• JLL Capital Markets: Commercial real estate services firm that has acted as Eden's capital markets advisor, arranging $55M in construction financing and JV equity. As a major CRE capital advisor, JLL is a key transaction counterparty for institutional BTR capital formation.

Emerging players

• Centerbridge Partners (BTR platform): Alternative asset manager with an institutional build-to-rent/single-family rental investment platform competing for off-market sites, JV equity partners, and developer relationships in the same geographies.
• Pretium Partners: Specialized BTR/SFR investment manager with multi-billion-dollar funds focused on single-family rental development. Competes with Eden for institutional capital and development talent in the BTR category.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eden-living
• Instagraminstagram.com/edenlivingdev

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eden Living