Flournoy Partners

About Flournoy Partners

Flournoy Partners is a real estate operator headquartered in Columbus, GA. Flournoy Partners operates in Lakeland-Winter Haven, Florida, Montgomery, Alabama and Orlando, Florida. Its investment focus is on Multifamily - Ground-up.

Flournoy Partners is a boutique real estate investment and development firm headquartered in Columbus, Georgia. Founded in September 2014, the company operates with 11 years of institutional experience navigating the multifamily residential sector. The boutique enterprise relies on a highly specialized internal team of real estate professionals to execute its target strategies across major growth submarkets in the Southeastern United States. The firm’s executive and management benches leverage a comprehensive background in regional real estate dynamics, bringing over 75 years of combined industry experience. Throughout their collective careers, the team has overseen the development, capitalization, and asset management of approximately 15,000 residential units. This vast operational history encompasses both ground-up new construction pipelines and the acquisition-improvement of existing suburban housing assets. Flournoy Partners focuses its capital deployment strictly on premium multifamily real estate. The vertical development platform utilizes a two-fold investment strategy: * **Ground-Up Luxury Development:** Sourcing and building premier, high-density apartment communities larger than 200 units. The firm targets high-barrier-to-entry or supply-constrained markets characterized by strong, consistent job growth. * **Value-Add Acquisitions:** Identifying and purchasing established residential communities where strategic capital improvements, modern design retrofits, and operational efficiencies can dramatically enhance asset value. The enterprise operates under the leadership of Founder and President Jake Flournoy, who brings 21 years of specialized real estate experience. Over his career, Flournoy has directly spearheaded the development of more than 3,200 apartment units commanding a collective valuation exceeding 300 million dollars. Supporting the firm's day-to-day corporate and project logistics is Operations Manager Rhonda Stephens, who leverages 15 years of administrative and management experience, having contributed to the execution and delivery of over 2,647 units across the regional pipeline. Flournoy Partners has established a notable footprint in high-growth vacation and entertainment submarkets, particularly in Central Florida and Alabama. High-profile projects in its portfolio include the ground-up development of luxury assets such as the *Axis West Apartments*, *Essex Apartments*, and *Apex Apopka Apartments* in the greater Orlando metropolitan region, alongside value-add plays like the 337-unit *Addison Park Apartments* acquisition in Montgomery, Alabama.