An Atlanta-based multi-family real estate specialist has purchased a $154 million portfolio of properties in a deal that makes it one of the largest private apartment owners in the metro area.

Cortland Partners announced Tuesday the move to buy properties in Dallas, Houston and Jacksonville, which will increase the firm’s real estate holdings by 20 percent.

The firm’s chief executive, Steven DeFrancis, said the deal marks the firm’s first foray into Florida and will triple its presence in Texas. Cortland Partners now has more than 10,000 units across the region.

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Delta pilot Richard Baker looks at merchandise at the Delta Flight Museum Surplus Sale in Atlanta on Friday, Oct. 10, 2025. He stopped by after finishing a few days of flying that morning, before flying home to Orlando later that day. Every month, Delta fans wait in line for hours for the chance to buy vintage airline merch. (Arvin Temkar/AJC)

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Thousands of "No Kings" protesters marched down Courtland Street from the Atlanta Civic Center to Liberty Plaza on Saturday. (Abbey Cutrer/AJC)

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