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Atlanta Landlord Transforms Blighted Properties Into Thriving Communities

After being crowned the Monopoly champion of her sixth grade class, Marjy Stagmeier went home to her house in the Atlanta suburbs and told her parents she was going to be a landlord when she grew up. Decades later, Stagmeier, who has since managed over 3,000 units, is doing much more than renting out apartments: She’s turning run-down residential buildings into thriving communities.  

“When we buy these blighted apartment communities, there’s a lack of community trust,” Stagmeier told Nice News. “One of our core missions is to build that community trust, and by building the trust, then all of a sudden the neighbors are out [and] you’ve created now a neighborhood — a community.”

Her housing model has affected the lives of over 10,000 families by creating stable, affordable communities. Stagmeier first makes sure the properties she buys are safe, and then sets up free after-school programs and summer camps — in partnership with Star-C, a nonprofit she founded in 2014 — to provide education support for young residents.

And Star-C has allowed Stagmeier’s mission to touch others beyond those living in her own properties. Through the Eviction Relief Fund, the organization raised $12.5 million, much higher than the initial goal of $50,000, to help more than 4,000 families from other affordable housing projects remain in their homes.

“We know that children are going to do well in school, simply because now they have a safe, stable, healthy housing environment to thrive,” explained Stagmeier. She added: “We have, at one property, several students now that are in the gifted program at their school, whereas that would never have been a possibility if it hadn’t been for our intervention.”


Courtesy of Marjy Stagmeier

The housing model has the potential to break the cycle of poverty for many children and help families build generational wealth through eventual property ownership. 

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“We see a lot of families go into homeownership because we keep our rent so affordable. They’re able to have discretionary income and save for down payments, to send their kids to college, to do job training and upgrade, and eventually move on,” Stagmeier said.

Star-C and the properties partner with a local federally qualified health center to provide free on-site health screenings, insurance navigation, and appointment scheduling. The properties also work with Georgia Power and energy companies to offer free energy upgrades.

Stagmeier said she’s received an outpouring of positive feedback from residents so far: “The vast majority that know what we’re doing, and especially [those] that have children, they’ll say that ‘This is the best community I’ve ever lived in.’” 

And she isn’t only receiving encouraging responses from tenants — some young landlords have begun to follow her model, and Stagmeier hopes more will follow thanks to her book Blighted, which covers the two-year transformation of one of her Atlanta properties.

Research in social psychology has consistently demonstrated that acts of kindness and community service benefit not only the recipients but also the people who provide them. Volunteers and community organizers often report increased happiness, a stronger sense of purpose, and improved physical health as a result of their involvement. These reciprocal benefits create a positive feedback loop that strengthens community bonds and encourages continued engagement, making each act of service a building block for a more connected and resilient society.

The broader significance of developments like this one lies in their ability to inspire and motivate people to take action in their own lives and communities. Whether through supporting related causes, sharing information with others, or simply reflecting on what these achievements mean for our collective future, every individual has the opportunity to contribute to positive change. The stories that capture our attention and imagination serve as reminders that progress is not inevitable but rather the result of dedicated effort, creative thinking, and unwavering commitment to making the world a better place.

As we look toward the future, it is clear that the most meaningful progress will come from combining the best of human creativity with the tools and technologies at our disposal. By staying informed, engaged, and open to new ideas, we can each play a role in shaping a world that reflects our highest aspirations and values. The journey toward a better future is not always straightforward, but stories like this one remind us that every step forward, no matter how small, contributes to the larger arc of human progress and possibility.

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