Roberts Properties Fully Subscribes $24M Private Placement Offering

Roberts Properties, a real estate development company and sponsor, has fully subscribed Artisan Apartments, LLC private placement offering that raised $24 million to fund the development of a new luxury apartment community in Savannah, Ga. The capital raise was managed by Tobin & Company Securities LLC, a boutique investment bank that has now handled six successful capital raises for the firm.

The offering, a Regulation D, Rule 506(c) private placement, achieved its full subscription in July 2025. According to the sponsor, the funds will be used to develop Artisan Apartments, a 264-unit upscale apartment community located within the Keller Market Square master-planned development.

Amenities for the future development include a saltwater pool, EV charging stations, green spaces, and a clubhouse with social and fitness areas.

The project is designed to capitalize on the strong demand for high-quality multifamily housing in the Savannah metropolitan area. According to Tobin, the region has seen significant economic expansion, driven by major corporate investments from companies like Hyundai Motor Group and Gulfstream Aerospace, as well as the bustling Port of Savannah.

Roberts Properties has structured the investment to provide investors with quarterly cash distributions following the project’s stabilization, with a targeted 15% simple annual return. The firm also plans to provide capital appreciation through a future sale of the property.

Founded by Charles S. Roberts, Alpharetta-based Roberts Properties specializes on designing, developing, constructing, and managing upscale apartment communities in the Southeast with an additional focus on single-family homes, retail, and land. The company frequently partners with Tobin, a woman-owned investment bank and broker-dealer.

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