{"id":18800,"date":"2026-04-30T20:00:16","date_gmt":"2026-05-01T01:00:16","guid":{"rendered":"https:\/\/1reason.com\/re\/ginkgo-tops-10000-apartments-with-edgewater-village-acquisition\/18800\/"},"modified":"2026-05-01T15:00:17","modified_gmt":"2026-05-01T20:00:17","slug":"ginkgo-tops-10000-apartments-with-edgewater-village-acquisition","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/ginkgo-tops-10000-apartments-with-edgewater-village-acquisition\/18800\/","title":{"rendered":"Ginkgo Tops 10,000 Apartments with Edgewater Village Acquisition"},"content":{"rendered":"<div> The acquisition further expands Ginkgo\u2019s presence in the Carolinas and marks a significant milestone for the company, which now exceeds 10,000 workforce housing units managed across North and South Carolina.  <\/p>\n<p>Strategically positioned in one of North Carolina\u2019s established growth corridors, Edgewater Village offers a compelling opportunity to preserve and enhance attainable housing through Ginkgo\u2019s proven value-add platform. The company plans to invest in unit interior upgrades, community enhancements, operational efficiencies, and sustainability-focused improvements designed to elevate the resident experience while maintaining affordability.<\/p>\n<p>\u201cWe continue to see attractive opportunities in the Carolinas where strong demographics and limited affordable housing supply support long-term demand,\u201d said Eric Stamp, CFO at Ginkgo REIT.<\/p>\n<p>\u201cSurpassing 10,000 units is an important milestone for our team, and Edgewater Village reflects the type of disciplined investment opportunity we believe can drive long-term growth,\u201d said Bill Green, Co-CEO and Principal of Ginkgo Residential.<\/p>\n<p>To help fuel its expanding acquisition pipeline, Ginkgo recently launched Ginkgo GP Fund II, a closed-end investment vehicle seeded with Edgewater Village. The fund completed its first closing in April 2026, with the next closing expected in Fall 2026.<\/p>\n<p>The Investment was anchored by Banyan Street Real Estate Funds, LLC (\u201cBSREF\u201d) together with high-net-worth investors investing in a side-car capacity.<\/p>\n<p><strong>About Ginkgo Residential<\/strong><\/p>\n<p>Ginkgo Residential is a leading provider of attainable, eco-friendly apartment communities across North and South Carolina. The firm specializes in acquiring, renovating, and managing high-quality housing while maintaining affordability. Recognized as a Top Workplace since 2020, Ginkgo is committed to both its residents and employees.<\/p>\n<p>For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-LlQ-36VZkbx5O9ldrvCbZZFSK0yIwjOOQeuge9YP5H0ue_068ZtqGHYzI-9b0ApIJLXRZwk17tUFg-a0KcoXNWfM6pfQKiebhr3GnVJFuE=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.ginkgores.com\">www.ginkgores.com<\/a>.<\/p>\n<p>Check out investment opportunities by visiting <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-LlQ-36VZkbx5O9ldrvCbQjenhntcKGMWsLA_MJGpz7AKBIp-lfiAp-X_-pwrp8NS93J-KNQhmutTLp-sMWckhLLyErHvCgB6VxFKLOJsS4=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.ginkgovest.com\">www.ginkgovest.com<\/a>.<\/p>\n<p>Contacts<\/p>\n<p>Investor Contact:<br \/>Rada Milenovici<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1M0731inP5oXvcH8tDt28mcs7tOqZjWpRfAM1hZRJbUcAalYbKA59GoIlYII3XqifCOs3uKYodVyVomxBHXjD7t_9iGVzTgSHpyV-K-rZTuVbbtK1u9Mg8oaV2SrdA1W\" rel=\"nofollow noopener\" target=\"_blank\" title=\"rada.milenovici@ginkgomail.com\">rada.milenovici@ginkgomail.com<\/a><\/p>\n<p>Media Contact:<br \/>Cayla Graffis<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5In83ISCUDFQTYBU_JOQ1ISh57GRnGODoevcQJUqSbkFNvpY3s7WB3MQm5R3sWuZj5UK0aGNnJ4YUr1EBRHELkJG4RF9mdh3ASnkj2IvwEbsiQZ9L3aSHWouNzJDErSE\" rel=\"nofollow noopener\" target=\"_blank\" title=\"cayla.graffis@ginkgomail.com\">cayla.graffis@ginkgomail.com<\/a><\/p>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/ZGNlZWI0OTQtODcyYi00MWZlLThjMGEtY2FkZjQ2MGJhZjgwLTEzMTY2MjctMjAyNi0wNS0wMS1lbg==\/tiny\/Ginkgo-Residential-LLC.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">CHARLOTTE, N.C., May 01, 2026 (GLOBE NEWSWIRE) &#8212; Ginkgo Residential (\u201cGinkgo\u201d) announced that it has acquired Edgewater Village, a multifamily community located in Greensboro, North Carolina.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/18800"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=18800"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/18800\/revisions"}],"predecessor-version":[{"id":18806,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/18800\/revisions\/18806"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=18800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=18800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=18800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}