Griffin Capital Company (“Griffin”), a real estate investment manager focused on institutional rental housing investments, announced the acquisition of Meadow+Main, on behalf of Griffin Capital Residential Partners (“GRP”), Griffin’s dedicated build-to-rent investment platform. Meadow+Main is a 138-unit, purpose-built cottage-style build-to-rent (“BTR”) community located in the affluent Jenks submarket of Tulsa, Oklahoma.
The newly developed purpose-built rental community was completed in 2023 and features homes with waterfall-edge granite countertops, stainless-steel appliances, 10-foot ceilings, and private fenced yards. Complementing the residential units is a suite of modern amenities, including a resort-style pool, fitness center, clubhouse, and dog park, designed to attract a broad range of residents.
The strategic selection of the Jenks submarket was driven by its strong demographics, attractive income/rent ratios, highly rated school district, and accessibility to nearby retail and downtown Tulsa’s Central Business District.
“The Jenks submarket presents a compelling investment thesis characterized by barriers to entry and favorable demographic tailwinds. Meadow+Main is strategically situated within Oklahoma’s highest-ranked public school district, a factor that historically drives durable rental housing demand. This positioning is anticipated to support strong resident retention and desirability, as evidenced by the asset’s operating history,” stated Dave Platter, Co-Chief Executive Officer of Griffin Capital Residential Partners.
Meadow+Main benefits from immediate proximity to essential retail and major lifestyle centers, enhancing its appeal to residents. Furthermore, the community is located approximately 15 minutes from Downtown Tulsa’s central business district, a submarket that is highly desirable for those seeking to live in a community where single-family homeownership may not otherwise be attainable. The combination of location quality, access to the #1 rated school district in the state, and modern construction positions Meadow+Main as a premier asset in the local market.
“Build-to-rent represents a structural growth opportunity within U.S. housing driven by persistent demand, chronic undersupply, and evolving lifestyle preferences. We are thrilled to bring this acquisition to Griffin’s Platform,” added Griffin Capital Residential Partner’s Co-Chief Executive Officer, Jonathan Trott.
This acquisition aligns with Griffin’s broader investment objective to capitalize on secular trends within the U.S. housing market.
“The purpose-built BTR sector aligns with our focus of increasing access to housing and owning communities that respond to resident preferences. We remain focused on expanding the Griffin Capital Residential Investment Platform through both the development and acquisition of high-quality assets in sub-sectors supported by secular tailwinds. This transaction underscores our disciplined approach to deploying capital into strategies that offer potential for resilient, risk-adjusted returns,” commented Nick Rosenthal, Co-Chief Executive Officer of Griffin Capital Company, LLC.
The Property is undergoing a rebrand and will adopt the new trade name, Meadow+Main. Until that time, the Property website can be found at www.trulojenks.com.
About Griffin Capital Company
Griffin Capital Company is a leading full-service real estate investment management firm with a 30-year track record of leadership, innovation, and disciplined execution. Since its founding in 1995, the firm has owned, managed, sponsored, or co-sponsored approximately $24.5 billion1 in assets across a wide range of real estate sectors and investment vehicle structures. The firm’s senior executives and employees have co-invested more than $300 million across its investment platforms, reinforcing its strong alignment with investor interests.
Griffin Capital’s investment team is exclusively focused on the rental housing segment of the market, with strategies targeting multifamily, build-to-rent (“BTR”), and student housing investments. The firm’s rental housing portfolio includes 41 institutional-quality communities, comprising over 13,667 rental housing units and 693 student housing beds, representing a total project value exceeding $4.4 billion.1
Griffin Capital remains committed to creating value through thematic investment strategies and delivering thoughtfully developed housing solutions that benefit both communities and capital partners.
- Includes estimated total project costs for assets under construction.
Additional information is available at: www.griffincapital.com.
Media Contacts for Griffin
Debi Sambuchi
Senior Vice President, Marketing
Griffin Capital Company, LLC
(424) 321-1383
