Author Archives: Balfour Beatty Communities

Balfour Beatty Communities Acquires 530 Units in Two-Property Multifamily Deal

Balfour Beatty Communities announced today that it has acquired the Paces Brook apartment community located at 113 Paces Brook in Columbia, SC and Retreat at Schillinger, an apartment community located at 1313 Schillinger Road South in Mobile, AL, adding 530 units to Balfour Beatty’s multifamily portfolio. The purchase was completed in partnership with ApexOne Investment Partners.…

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Bridges to Prosperity Spotlight: Jake Dwyer

BB Renovations Superintendent, Jake Dwyer, has helped so many people throughout his life through work— helping people during times of crisis as a firefighter and a medic, and helping rebuild and renovate homes for military families as a member of the Renovations team. On the suspension bridge team, he was able to help even more people and…

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Bridges to Prosperity: Marty McBurney

Marty McBurney, VP of Student Housing, put his expertise to work as Fundraising Lead for the Bridges to Prosperity suspended bridge team. While he's no stranger to volunteering, this program was different from his other charitable experiences.  Read along to learn more about Marty's experience in Rwanda!   Role on team: Fundraising Lead Role responsibilities:…

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Balfour Beatty Communities completes sale of 882-unit multifamily portfolio

Balfour Beatty Communities today announces the sale of three multifamily properties located just outside of Atlanta, GA—Evergreen Commons, Evergreen Park and Evergreen Terrace. The Company acquired the 882-unit portfolio with Torchlight Investors in 2017 and provided property management services for the properties during its ownership. CRBE represented the Balfour Beatty and Torchlight in the sale.…

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BBC Foundation earns MHN Excellence Award for Corporate Social Responsibility

Balfour Beatty Communities Foundation was recently recognized by Multi-Housing News’ Excellence Awards program for its work with the annual academic scholarship program.   The Foundation’s win of the Silver Award for Corporate Social Responsibility was announced on October 3 at a gala hosted in New York by Multi-Housing News and Commercial Property Executive. Companies that…

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Balfour Beatty Communities Grows Jacksonville Portfolio with Luxury Apartment Asset

National residential real estate investment and management company Balfour Beatty Communities has successfully completed the acquisition of Landings at Lake Gray, a 300-unit apartment community located in Jacksonville, FL. The purchase was completed in partnership with ApexOne Investment Partners. Developed in 2005, Landings at Lake Gray offers one-, two- and three-bedroom layouts averaging 952 square…

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Balfour Beatty Communities Expands in Memphis with Second Area Multifamily Acquisition in 2019

Balfour Beatty Communities, national residential real estate investment and management company, has successfully acquired the Bartlett, TN multifamily community, Legends at Wolfchase. This deal marks the second acquisition of a Memphis-area community for the Company within the past six months, completed in conjunction with ApexOne Investment Partners. To be rebranded as Preserve at Bartlett, the…

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Balfour Beatty Communities Foundation Awards More Than $120,000 in Scholarships to Residents

Balfour Beatty Communities Foundation announced today it has awarded more than $120,000 in scholarships to residents living in residences owned and managed by Balfour Beatty Communities. The academic scholarships were awarded to high school seniors, undergraduate students and graduate students attending accredited educational or technical institutions. The majority of the scholarships were granted to students…

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