Perennial Housing Group Launches Platform with Acquisition of 31 Affordable Housing Communities

ALPHARETTA, Ga., Nov. 13, 2026 /PRNewswire/ -- Perennial Housing Group ("Perennial" or the "Company") today announced its launch as a platform dedicated to owning and operating quality affordable housing, together with the acquisition of a portfolio of 31 properties located across the Southeast and Midwest. The portfolio is predominantly supported by project-based Section 8 ("PBS8") housing assistance contracts. Perennial is led by Chief Executive Officer Gregory B. Jones, who brings two decades of affordable housing experience and previously served as CEO of Infinity Real Estate Management, LLC.

The portfolio comprises almost 4,000 apartment units across 10 states, with 97% of properties (by count) supported by long-term PBS8 contracts. Perennial intends to grow the portfolio over the coming years through acquisitions of PBS8 and other affordable housing communities, and to invest in the long-term quality of each property it owns. The Perennial team values its long-standing relationships with key government agencies, government-sponsored lenders, and the affordable housing broker community, and will look to strengthen and expand those ties in its operations. Perennial's launch is backed by institutional capital with the goal of growing the business to over $1 billion of asset value over the next few years.

"Our goal is to build Perennial into one of the largest and best-in-class owners of affordable housing. We hold ourselves to high operational standards and are committed to the residents and communities we serve. As we look ahead, we are excited to grow the platform through acquisitions that extend that commitment to more communities," said Jones.

Perennial's portfolio provides stable, affordable housing to households that depend on federal rental assistance. The Company expects to build on the strength of this platform by partnering with LIHTC developers and public agencies that share its commitment to the affordable housing sector.

Perennial maintains each property with the goal of meeting or exceeding federal inspection requirements, responding promptly to resident needs, investing in capital improvements that extend the useful life of its communities, and working to ensure resident satisfaction and compliance.

About Greg Jones
Greg Jones is Chief Executive Officer of Perennial Housing Group. He previously served as CEO of Infinity Real Estate Management, LLC where he led the firm's affordable multifamily platform and oversaw underwriting, contract negotiation and capital structuring. Since 2011, Jones has closed more than $1 billion of affordable multifamily transactions, including approximately $700 million of debt financing. He brings two decades of experience in the affordable housing sector.

About Perennial Housing Group
Perennial Housing Group is an owner and operator of affordable housing focused on project-based Section 8 communities. Perennial seeks to promote and maintain affordable, accessible housing for residents and to build a durable portfolio through disciplined acquisitions and hands-on asset management.

Perennial's leadership team has experience building a fully integrated affordable housing asset management platform with capabilities spanning acquisition, operations, finance, rehabilitation, and disposition. That platform, team, and their collective operating history, now paired with institutional investment leadership, forms the foundation of Perennial.

Media Contact
Madeline Jones / Alexander Wolfsohn
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
[email protected] 

SOURCE Perennial Housing Group