ICM Asset Management forms joint venture with Pinegrove for Songbird BTR townhome project in Atlanta

  • ICM Asset Management formed a joint venture with Atlanta-based developer Pinegrove to develop Songbird BTR, an 81-unit build-to-rent townhome project.
  • The project sits in Atlanta’s Kirkwood neighborhood, roughly 6 kilometers southeast of downtown.
  • Investment includes 17 completed townhomes in lease-up, plus 64 fully entitled construction-ready lots.
  • The deal adds a residential asset to ICM U.S. Co-Investment Real Estate III LP, its third U.S. opportunistic real estate fund.


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