Round Hill's first US investment was The Exchange at North Haven, an inner suburban apartment community located in the Brookhaven/Chamblee neighborhoods of Atlanta.
"Our target work force is very mobile, and they don't know where they will be in five to six years. Living in these houses and not have to commit, allows mobility."
Due to the price point that the seller was targeting, the ability to get traditional financing was nearly impossible because of the lack of Day 1 cash flow.