OneStreet Residential

What OneStreet Residential does

OneStreet Residential is a privately held, fully integrated real estate development and property management company headquartered in Atlanta, Georgia, founded in 1988 by Dave Dixon. The company develops, owns, and manages approximately 130 multifamily communities comprising over 9,000 apartment homes across Georgia and South Carolina, with a cumulative total capitalization exceeding $1 billion. Its portfolio is organized across five sub-brands: HearthSide (active adult/senior housing for ages 55+ and 62+, including LIHTC-financed affordable communities), Hayloft (55+ build-to-rent cottages and townhomes), MainStreet (workforce housing), EVOQ (market-rate boutique multifamily), and Northpoint on Jarvis Creek (flagship workforce housing on Hilton Head Island). The company specializes in serving essential workers, seniors, and mixed-income households through public-private partnerships and tax credit-financed developments.

OneStreet generates revenue through three streams: rental income from owned communities (treated as recurring subscription-like revenue), third-party property management fees through its Residential Services division (managed services model serving external owners across the Southeast), and development fees for entitlement, design, permitting, financing, construction management, lease-up, and long-term programming services (professional services). The company operates with a dedicated in-house Marketing and Leasing department executing website, ILS, Google Ads/SEO, direct mail, referral, and lead management programs. Property management operations run on RealPage OneSite software, an industry-standard SaaS platform.

The company's go-to-market is enterprise field sales targeting municipalities, housing authorities, developers, landowners, and capital partners. OneStreet partners with institutional investors (e.g., RBC Community Investments), state agencies (Georgia DCA), and local governments to source land, financing, and entitlements. Customers/end users are segmented into Active Adults (55+/62+), Workforce Housing Residents (60-150% AMI), Mixed-Income tenants, Investors/Capital Partners, Developers/Landowners, Municipalities/Housing Authorities, and third-party property owners.

Name

OneStreet Residential

Legal name

OneStreet Residential

Website

https://onestreetres.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

OneStreet Residential is a privately held Atlanta-based real estate developer and property manager founded in 1988, operating 130+ multifamily communities with 9,000+ apartment homes across Georgia and South Carolina, specializing in workforce, active adult, and mixed-income housing through sub-brands including HearthSide, Hayloft, MainStreet, EVOQ, and Northpoint.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Development & Property Management

NAICS

Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (531110), Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Multifamily real estate development
• Workforce housing
• Active adult communities
• Property management services
• Affordable housing development

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Rental income from owned communities: OneStreet develops and manages apartment communities, generating rental income from workforce housing, active adult, and mixed-income properties across their portfolio of 130 communities with over 9,000 apartment homes.
2. Third-party property management services: The company's Residential Services division provides property management services to third-party owners across the Southeast, overseeing all aspects of property management from lease-up through stabilization, including budgeting, compliance, and site maintenance.
3. Development fees: OneStreet serves as master developer partner, receiving development fees forEntitlement, design, permitting, financing, project management, construction management, lease-up, and long-term programming and property management services.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

OneStreet Residential is a fully integrated real estate development and property management company that develops, owns, and operates multifamily rental communities across the Southeast, with specialization in workforce, active adult (55+/62+), and mixed-income housing. The company owns and manages 130+ communities comprising 9,000+ apartment homes, and additionally provides third-party property management, development, and marketing/leasing services to institutional clients including municipalities, housing authorities, and capital partners.

Product overview

OneStreet Residential is a fully integrated real estate development and property management company offering a portfolio of distinct residential community brands and service divisions. The company operates two primary product lines: (1) Community Development brands including HearthSide (active adult 55+/62+ senior communities), Hayloft/Hayloft Cottages (55+ build-to-rent), MainStreet (workforce housing), EVOQ (market-rate), and Northpoint on Jarvis Creek (flagship workforce housing); and (2) Service divisions including Development Services, Marketing & Leasing, Residential Services (property management), and Operational Consulting. The company develops and manages approximately 130 communities representing over 9,000 apartment homes across Georgia and South Carolina, serving workforce, active adult, and mixed-income housing markets.

Differentiator

Problem solved

Functional benefit

Brands

• HearthSide: Active adult/senior housing communities serving residents aged 55+ and 62+, including both market-rate and affordable housing options (LIHTC). The HearthSide portfolio includes 11 communities with approximately 1,051 housing units in the metro Atlanta area.
• Hayloft
• MainStreet
• EVOQ
• Northpoint on Jarvis Creek

Products and services

• HearthSide Active adult communities for seniors aged 55+ or 62+, offering affordable housing through LIHTC programs. Includes both age-restricted communities with amenities, social programming, and residential services coordinators. The HearthSide portfolio includes 11 communities with approximately 1,051 housing units in the metro Atlanta area.
• Hayloft 55+ build-to-rent platform developed by OneStreet's Conventional Division. Provides boutique-scale active adult rental cottage and townhome communities with thoughtful design and high-quality construction, serving the growing demographic of boomers seeking the freedom that comes with renting.
• MainStreet Workforce housing communities providing boutique-scale rental homes. Located throughout the Southeast, these communities offer market-rate and affordable housing options for working families and individuals.
• EVOQ Market-rate residential communities including EVOQ East Cobb in Marietta, GA and EVOQ Town Flats at Johns Creek. These communities offer conventional housing options as part of OneStreet's diversified portfolio.
• Northpoint on Jarvis Creek Flagship workforce housing community developed through a public-private partnership with the Town of Hilton Head Island. 157-unit workforce housing neighborhood on 11 acres, targeting households earning 60-150% of Area Median Income with units for essential workers employed on Hilton Head Island.
• Residential Services Division (Third-Party Property Management) Property management services provided to third-party owners across the Southeast. Manages all aspects of property operations from lease-up through stabilization, including budgeting, compliance, and site maintenance. Serves both company-owned communities and third-party owners.
• Development Services Full-service real estate development including conceptualization, site selection, entitlement, financing, construction management, and lease-up. Experience spans master-planned, mixed-use, and mixed-tenure communities, as well as stand-alone multifamily properties.
• Marketing & Leasing Services Dedicated marketing department that works with property teams to ensure communities reach the widest and most qualified audience. Services include website design, ILS recommendations, Google Ads/PPC/SEO strategies, lead management, direct mail campaigns, outreach marketing, and resident referral programs. Achieved shortest lease-up periods in company history.

Quantifiable outcome

• 130+ communities developed representing over $1 billion in investments
• +2 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered major and core.

• DreamKey PartnersmajorStrategic or Co-development Partner · 30 October 2024Development partnership for HearthSide Riverdale, a mixed-income senior community. DreamKey Partners collaborated with OneStreet and the City of Riverdale over 5 years to bring this housing option to the community.
• Town of Hilton Head IslandcoreStrategic or Co-development Partner · 25 July 2024Public-private partnership for development of Northpoint on Jarvis Creek, a 157-unit workforce housing community on 11 acres of town-owned land. The Town provides a 65-year ground lease, $1 million in funding from American Rescue Plan Fund, affordability covenants, zoning entitlements, and long-term programming support. OneStreet handles design, permitting, financing, construction, lease-up, and property management.
• Lawrenceville Housing AuthoritycoreStrategic or Co-development Partner · 1 January 2019Master developer partnership established in 2019 with goal to quadruple affordable homes in portfolio from 212 to 700+ units. HearthSide Lawrenceville is the first community from this partnership, a 140-unit 100% affordable seniors community financed with 4% LIHTC and HOME loans from Georgia DCA and Gwinnett County.
• City of RiverdalemajorStrategic or Co-development PartnerCity of Riverdale collaborated with OneStreet to bring HearthSide Riverdale to the community. Mayor Wynn-Dixon championed the project as part of the city's commitment to quality housing options and community enrichment.
• CF Evans (General Contractor)majorImplementation/ SI/ Consulting PartnerCF Evans is the general contractor for Northpoint on Jarvis Creek, committed to delivering high-quality housing with attention to durability, safety, sustainability, and craftsmanship. They will work to minimize disruption during construction and maintain clean, organized job sites.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Greystar Real Estate Partners: Greystar is the largest multifamily property management, investment, and development firm in the US, with an integrated operating platform spanning conventional, affordable, and student housing. Directly comparable to OneStreet's combined development + property management model across thousands of units.
• The NRP Group: The NRP Group is a vertically integrated developer, owner, and operator of multifamily housing with deep LIHTC and affordable housing expertise. Highly comparable to OneStreet's HearthSide/LIHTC-driven affordable senior portfolio and public-private partnership capabilities.
• McCormack Baron Salazar: McCormack Baron Salazar develops and manages affordable, mixed-income, and mixed-use communities nationwide with deep public-private partnership expertise. Comparable to OneStreet's workforce/affordable housing development focus and HFA/municipality relationships.
• Asset Living: Asset Living is one of the largest third-party multifamily property managers in the US, providing services from lease-up through stabilization. Directly comparable to OneStreet's Residential Services division that manages third-party owned multifamily assets.
• Lincoln Property Company: Lincoln Property Company is a major national multifamily developer, owner, and third-party manager with a substantial Southeastern presence. Comparable to OneStreet's integrated platform across owned and managed portfolios.
• Dominium: Dominium is one of the largest affordable housing developers and managers in the US, specializing in LIHTC-financed multifamily communities. Comparable to OneStreet's affordable senior/workforce housing segment, including public-private deal structures.
• RPM Living: RPM Living is a national multifamily property management firm offering third-party management across conventional, affordable, and student housing portfolios. Comparable to OneStreet's third-party Residential Services operations and use of integrated marketing/leasing services.
• RangeWater Real Estate: RangeWater is a multifamily developer, owner, and operator focused on the Southeast US, offering fully integrated services similar to OneStreet. Highly comparable given overlapping Sun Belt geography and integrated development-to-management platform.
• Bozzuto Group: Bozzuto is an integrated multifamily developer, owner, and manager with a focus on boutique-scale, high-quality communities in the Mid-Atlantic and Southeast. Comparable to OneStreet's integrated development + management model and emphasis on resident experience.

Broad incumbents

• Cushman & Wakefield (Multifamily): Cushman & Wakefield operates a large third-party multifamily property management business alongside its broader commercial real estate services platform. Comparable to OneStreet's third-party Residential Services division, though Cushman & Wakefield is much larger and serves a broader asset spectrum.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCUIyUjO865vRFq13cXMnSzA
• Facebookfacebook.com/onestreetresidential
• LinkedInlinkedin.com/company/onestreet-residential

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 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 OneStreet Residential