TBG Residential

What TBG Residential does

TBG Residential is a privately held affordable housing developer founded in 1984 and headquartered in Atlanta, Georgia. The company develops, constructs, and manages quality affordable rental housing communities targeting two primary customer segments: families and seniors aged 55 and older. As of the latest available data, TBG operates a portfolio of approximately 15+ apartment communities across the Southeast United States, concentrated primarily in Alabama and Georgia, with unit counts at individual properties ranging from 56 to 324 units.

The company's core technology stack is standard for the property management industry, relying on the third-party Rent Manager platform for online rent payments, applications, and maintenance requests. Properties feature Energy Star appliances and, in newer developments such as Harper Woods, Earth Craft sustainable construction methods. TBG operates an integrated model that combines site acquisition, development, and in-house construction via two wholly owned subsidiaries — TBG Construction Inc. and Hunter's Walk Home Center (the latter with 30 years of construction experience) — alongside direct property ownership and on-site management.

TBG generates revenue primarily through recurring monthly rental income from its owned apartment communities, with pricing positioned as "affordable" relative to market rates and explicitly designed to avoid rent-burden for residents. The company finances projects through a mix of conventional debt, Low Income Housing Tax Credits (LIHTC), government loans, and bank letters of credit. Distribution is entirely direct: residents lease units through TBG-owned property offices, with marketing driven through the corporate website, property-level Facebook pages, and online application portals. The company is family-owned, with multiple members of the Buckner family serving in executive leadership including President Kevin Buckner, signaling a long-term holding orientation rather than rapid scale-seeking growth.

Name

TBG Residential

Legal name

TBG Residential

Website

https://tbgresidential.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1–10 employees

Short description

TBG Residential is a privately held, family-owned affordable housing developer founded in 1984 and headquartered in Atlanta, Georgia. The company develops, constructs, and manages approximately 15+ affordable rental apartment communities for families and seniors across the Southeast US.

Ownership category

akta.pro rank

Product category

Affordable Housing

NAICS

Residential Property Managers (531311), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), General Bldg Contractors - Residential Bldgs (1520), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

Keywords

• Affordable housing development
• Multifamily property management
• Senior apartment communities
• Low-income housing tax credits
• Residential real estate leasing

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Apartment Rental Income: TBG Residential generates primary revenue through monthly rental income from their owned apartment communities. They develop, construct, and manage affordable housing properties across the Southeast US, with rental payments collected through their online portal.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

TBG Residential develops, constructs, and manages a portfolio of affordable apartment communities serving families and seniors (55+) across the Southeast United States, primarily in Alabama and Georgia. The company owns each property directly and operates on-site leasing offices, with residents paying monthly rent through an online portal. It operates two product lines — Family Communities and Senior Communities — built using energy-efficient construction methods, with financing structured through conventional debt, low-income housing tax credits, government loans, and bank letters of credit.

Product overview

TBG Residential operates a portfolio of affordable housing apartment communities across the Southeast United States, organized into two primary product lines: Family Communities and Senior Communities (55+). The company develops, constructs, and manages these properties through an integrated model that includes in-house construction via Hunter's Walk Home Center and TBG Construction. Residents access services through an online portal powered by Rent Manager for payments and maintenance requests. Properties span Alabama and Georgia, with recent expansions including Farmington Hills Phase III (2023) and new communities like Harper Woods (2022).

Differentiator

Problem solved

Functional benefit

Products and services

• Family Communities Affordable housing apartment communities serving families, featuring properties such as Flint River, Farmington Hills, Glen Arbor, Rochester Hills, and Harper Woods with amenities including swimming pools, fitness centers, business centers, and family-oriented features. Offers one, two, and three bedroom units across multiple Southeast US markets.
• Senior Communities Age-restricted affordable housing communities for seniors 55 and older, including properties like Clarkston Square, Franklin Hills, Hazel Park, Farmington Creek, Sterling Heights, and Overlook at Avondale offering one and two bedroom apartments with energy-efficient features and social activities.
• Farmington Hills 324-unit three-phase affordable apartment community in Winder, Georgia completed across phases in 2012, 2014, and 2023, serving both families and seniors.
• Glen Arbor 112-unit multifamily apartment community in Mobile, Alabama with one, two, and three bedroom units featuring Energy Star appliances, washer/dryer connections, and amenities including pool, fitness center, and business center.
• Harper Woods Affordable housing community in Columbus, Georgia completed in 2022 with Earth Craft construction, serving both seniors and families with spacious floorplans and community activities.
• Taylor Village Historic acquisition rehab of a former hospital in Hawkinsville, Georgia, featuring 68 unique apartment units (34 from repurposed hospital plus 34 traditional) with modern floorplans while preserving original architectural integrity.
• Flint River Family community in Owens Cross Roads, Alabama located near nature preserve with access to shopping and amenities.
• Rochester Hills Family community in Prattville, Alabama near shopping center and Alabama River, offering affordable housing minutes from Montgomery.
• Clarkston Square 56-unit senior apartment community in Huntsville, Alabama with one and two bedroom units offering spacious energy-efficient living.
• Franklin Hills 56-unit senior apartment community for residents 55 and older in Huntsville, Alabama with one and two bedroom units near shopping and restaurants.
• Farmington Creek 56-unit senior apartment community in Dawsonville, Georgia next to North Georgia Premium Outlets with one and two bedroom units.
• Farmington Woods Family-oriented apartment community in Dawsonville, Georgia offering one, two, and three bedroom two-story units for families and seniors.
• Hazel Park Age-restricted senior community (55+) in Douglasville, Georgia offering one and two bedroom apartments with energy-efficient living in a quiet residential area.
• Gibson Park Family property in Atlanta, Georgia offering affordable apartment homes.
• Legion Park County apartment community in Warrenton, Georgia serving as the only apartment-style community built in the area in over 30 years, offering housing for families and seniors with active social calendar.
• Madison Heights Two-phase property in Lovejoy, Georgia completed in 2019 and 2020, offering affordable rents to seniors and families with community activities including fresh produce delivery, cooking classes, and movie nights.
• Sterling Heights 55+ restricted senior community in Prattville, Alabama with amenities including computer center, community room, and outdoor exercise equipment.
• Hunter's Walk Home Center (In-House Construction Services) In-house construction division leading construction management for all TBG Residential projects, offering 30 years of residential and commercial construction experience.

Named customers2 records

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• HUD (Section 3 Program)minorOthersTBG Construction Inc. works with the HUD Act of 1968 Section 3 Business Concerns, encouraging qualified Section 3 contractors to apply. This is a workforce development requirement rather than a commercial partnership.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Bozzuto Group: Multifamily developer, builder, and manager with a strong Mid-Atlantic and Southeast footprint and meaningful affordable housing exposure—comparable to TBG in integrated development and management of family and senior apartments.
• Bell Partners: Large multifamily owner/operator headquartered in Greensboro, NC with deep Southeast U.S. presence and a meaningful affordable and workforce housing portfolio, making it a direct geographic and operational comparable to TBG.
• WinnCompanies: Vertically integrated multifamily developer and manager with a substantial affordable housing portfolio across the eastern U.S., offering a directly comparable mix of development, construction, and property management services.
• The Michaels Organization: One of the largest privately held affordable housing developers and property managers in the U.S., operating a portfolio of family and senior communities under LIHTC and HUD programs—directly comparable to TBG's integrated develop-and-manage model.
• Preservation of Affordable Housing (POAH): Nonprofit affordable housing owner and operator preserving and developing workforce and senior housing across the U.S.—directly comparable in mission and tenant profile to TBG's family and 55+ communities.
• The Community Builders: Nonprofit developer and manager of affordable multifamily housing with a national footprint and Southeast presence—comparable in operating model, LIHTC reliance, and mixed family/senior portfolio to TBG.
• Hawthorne Residential Partners: Multifamily property management firm with strong Southeast U.S. operations, providing third-party management for institutional and private owners—comparable to TBG's on-site residential property management operations.

Broad incumbents

• The Related Companies: One of the largest U.S. real estate firms, with a sizable affordable housing arm (Related Affordable) developing and managing LIHTC and Section 8 communities nationwide—a broader-scale incumbent doing the same core affordable housing work as TBG.
• Enterprise Community Partners: National nonprofit affordable housing developer and investor operating across the U.S., with comparable LIHTC expertise and a similarly integrated development-and-management model targeting families and seniors.

Regional players

• RangeWater Real Estate: Atlanta-based multifamily developer and operator focused on the Southeast U.S., with a build-to-rent and garden-style portfolio that overlaps TBG's geographic focus and family-community product type.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/tbgresidential

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 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 TBG Residential