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Balfour Beatty Communities noted several key achievements in its military housing portfolio during 2018, including an 86 percent overall resident satisfaction rating, $55.3 million invested in capital improvements, and more than 17,000 homes made ready for move-in. "As we close our 15th year as a partner in the Military Housing Privatization Initiative, it seemed appropriate…
News about BBC
Feb
01
2019
Balfour Beatty Communities produced an average energy offset of more than 30 percent across 12 U.S. military housing communities in 2018. Driven by the company’s rooftop solar program, the energy offset surpasses the Department of Defense goal to generate 25 percent of total military installation energy consumption through renewable energy sources. “The rooftop solar program…
Jan
14
2019
It’s that time of year again! The annual Balfour Beatty Communities Foundation scholarship program is now accepting applications for the 2019-2020 academic year. All residents, including spouses and children, who live at a BBC-owned and managed property are eligible to apply. Applicable properties include the entire military and campus portfolios and the following communities in our…
Jan
09
2019
Balfour Beatty Communities today announced its Navy Northeast portfolio has been recognized for providing exceptional customer service in 2018, as determined by their annual resident survey. Combined, the portfolio earned nine Platinum A List and A List Awards from nationally recognized benchmarking firm, CEL & Associates, Inc. “Our number one goal is to provide the military…
Jan
02
2019
Balfour Beatty Communities has successfully acquired Preserve at Southwind, a 306-unit apartment community located in Memphis, TN. The latest addition to Balfour Beatty Communities’ multifamily portfolio was completed as part of a joint venture with ApexOne Investment Partners and American National Insurance Company and marks the Company’s first foray into the Memphis residential market. Newmark…
Dec
21
2018
Balfour Beatty Communities Foundation, a non-profit organization committed to supporting organizations that help military personnel and their families, today announced a donation of $25,000 to the Air Force Aid Society to support Air Force families who were affected by Hurricane Michael. Balfour Beatty Communities operates all military family housing at Tyndall Air Force Base and…
Nov
27
2018
Starla Wilson, assistant vice president for Balfour Beatty Communities, was recently nominated to serve on the National Apartment Association’s Privatized Military Housing Committee as vice chair. She attended an official orientation with NAA on November 15 in Phoenix, AZ to meet with the committee’s chair and NAA staff. She will assume her role as vice…
Nov
06
2018
Balfour Beatty Communities has been recognized as one of the top ten owners in multifamily housing for 2018 by Multi-Housing News. The Company’s continued growth was propelled by the strategic acquisition of new assets in target markets, delivering a 2018 portfolio that surpassed 52,000 owned units. Balfour Beatty Communities was ranked seventh on the newly…
Sep
04
2018
Balfour Beatty Communities has expanded its multifamily portfolio with the acquisition of a new property in Ridgeland, MS. The acquisition of Lexington Apartments—a 220-unit community—was completed as part of a joint venture with longtime partner, Apex One Investment Partners. The gated community built in 2000—which is being rebranded as Ridgeland Place—is ideally located in the…
Aug
20
2018
The Navy South East portfolio owned and managed by Balfour Beatty Communities garnered 30 Platinum A List and A List awards following its annual resident satisfaction survey. Communities within the portfolio that have been recognized this year include JBWS Charleston Homes (SC), NAS JRB Fort Worth Homes (TX), NAS Jacksonville Homes (FL), NAS Key West…