ATLANTA–Aspen Companies, an affiliate of Treetop Development, just went on a multifamily buying frenzy. The company grabbed six multifamily Project-Based Section 8 properties in Georgia and South Carolina for a mere $15.5 million.

“This transaction offered us an ideal opportunity to acquire six well-maintained properties that will yield strong returns for Aspen in today’s competitive marketplace,” John VanMetre, Aspen’s director of property management, tells “We will follow our hands-on management approach at each of the properties, while collaborating with government agencies to ensure proactive customer service and the highest level of consideration for our residents’ needs.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


GlobeSt. Multifamily Fall 2022Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.