Person Street Partners Announces Acquisition of Redfield Villages

RALEIGH, NC, March 6, 2026 -- Person Street Partners, a real estate investment firm focused on industrial and rental housing across the Carolinas, is pleased to announce the acquisition of Redfield Villages, a 50-home, 202-bed single-family rental portfolio predominantly serving students at North Carolina State University (NCSU).

“The off-market transaction establishes our strategy of acquiring well-located and differentiated housing in supply-constrained, high-growth university markets. We are grateful for the support of our investors and our partners, and we are excited for what is to come,” said Griffin Py, Co-Founder and Partner at Person Street.

The portfolio is proximate to NCSU and benefits from an infill location within Raleigh, one of the fastest growing cities in the country. This positioning is expected to support consistent student rental demand while also protecting residual value and long-term exit liquidity.

The acquisition reflects a broader platform strategy focused on the small balance university housing market, which benefits from durable demand drivers within the university ecosystem, a resilient consumer base, and limited supply for infill student housing. Demand in the sector continues to be driven by sustained enrollment growth, limited availability of on campus housing, and evolving preferences around housing accommodations for all consumers.

“This acquisition perfectly embodies the mission we’re on to invest in small balance housing in vibrant university markets. High quality, infill, differentiated housing options with institutional investment management and oversight will ensure an exceptional resident and investor experience,” said Brannen Blazer, Partner at Person Street.

Within this highly fragmented sector of U.S. housing, Person Street Partners aims to assemble a scalable, institutionally-managed housing portfolio that is difficult to replicate and well positioned across market cycles.

For additional information about Person Street Partners, please visit www.personstpartners.com or contact the team at info@personstpartners.com.