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Atlanta & Southeast  + Atlanta Metro  + Apartments  |  April 4, 2023
Paul Bubny
By: Paul Bubny

Multifamily Development Veterans Launch New Firm with Focus on Southeast, Sun Belt

Led by real estate veterans Greg Power and Mike Handza, Atlanta-based Imperium Development has launched as a multifamily development firm focused on creating premium, sustainable housing in high barrier-to-entry, supply-constrained markets across the Southeast and Sunbelt. Power and Handza have worked together for more than a decade at one of the Southeast’s leading multifamily investment firms. 

Before founding Imperium, Power and Handza held senior roles working closely with Ron Terwilliger, one of the rental housing industry’s most prominent and influential figures.  “We have learned from the best what it takes to establish trust among partners, investors, tenants and communities, and are committed to doing everything we can to produce favorable outcomes and strong risk-adjusted returns,” said Handza. 

Imperium already has two Class A multifamily communities under development in Georgia: the 240-unit Walker’s Ridge Apartments in Cartersville and the 300-unit South Davis Apartments in LaGrange, with delivery slated for 2024. 

Pictured: Greg Power and Mike Handza.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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