Articles from Balfour Beatty Communities

Balfour Beatty Communities, a national residential real estate investment and management company, announces the successful acquisition of a premier multifamily community: River Pointe, located in Conroe, Texas. Through its affiliates, this is the company’s second multifamily property acquisition in the eastern Texas region this year, after purchasing The Leonard located in Denton in February, and aligns with the division’s targeted expansion strategy for 2025.

Balfour Beatty Communities, a national residential real estate investment and management company and longstanding partner to the Department of Defense, is excited to announce the completion of newly constructed homes for U.S. Army senior leaders at Fort Hamilton in Brooklyn, NY. The new homes are part of Fort Hamilton Family Homes, the privatized military housing community at Fort Hamilton.

Balfour Beatty Communities, a national residential real estate investment and management company, is proud to announce that two of its student housing properties— Aspire at West Campus in Iowa City, IA, and Oktiv in Tallahassee, FL—have been named among the Top 100 Student Housing Properties in the Nation for outstanding online reputation by J Turner Research.

Balfour Beatty Communities (BBC), a leading national residential real estate investment and management company, is in the process of engaging with multiple fiber optic network providers to introduce cutting-edge broadband fiber optic capabilities to its privatized military housing portfolio, starting with an initial rollout of 10,000 homes at six U.S. Army bases. This strategic upgrade is expected to significantly enhance connectivity and deliver improved digital services to military families residing in housing on base.

Balfour Beatty Communities (BBC), a national residential real estate investment and management company, today announced it has named Starla Miller as senior vice president, military housing operations, and Alison Birney as senior vice president, military housing facilities management.

As a key housing partner to the U.S. Navy, Balfour Beatty Communities, is pleased to announce the completion of two large-scale projects within the Company’s Navy housing portfolio in direct support of the Navy’s energy resilience and climate goals.

Balfour Beatty Communities, a national residential real estate investment and management company, in partnership with the U.S. Army at Fort Eisenhower, celebrated the ceremonial groundbreaking of a new construction project that will bring modern, upgraded homes to servicemembers and their families living on-base. The new development is part of a comprehensive plan to invest in the renewal and reconstruction of dated housing across Balfour Beatty Communities’ Army housing portfolio.

Balfour Beatty Communities, a national residential real estate investment and management company, in partnership with the United States Army at Fort Hamilton, NY, celebrated the start of a multi-phased development project that will bring new construction homes to the Fort Hamilton base housing community, Fort Hamilton Family Homes. The project includes the construction of three new homes designated for senior leaders at the base, replacing recently demolished units that were more than 50 years old.

Balfour Beatty Communities (BBC) a national residential real estate investment and management company, today announced the appointment of David Berman as Chief Compliance Officer. This is a newly created position within BBC that aligns with the Company’s steadfast commitment to a culture of high ethical standards and integrity.

Balfour Beatty Communities (BBC), a national residential real estate investment and management company, announces the launch of an electric vehicle (EV) charging program that offers residents Level 2 in-home charging capabilities. The program is being offered through an agreement with TRO Energy Solutions Inc. (TROES), a national provider of EV-related services. Initial pilot program locations include Beacon Point Homes located at Naval Submarine Base New London in Connecticut, and Vandenberg Family Homes located at Vandenberg Space Force Base in California.

Balfour Beatty Communities, a national residential real estate investment and management company, today announced it has been named a 2022 Motili Carbon Reduction Champion for reducing its emissions through HVAC upgrades in more than 800 housing units across its military housing portfolio during the 2022 calendar year.

Balfour Beatty Communities, a national residential real estate investment and management company, received national honors for its military, multifamily, and student property management services based on an independent satisfaction survey conducted by SatisFacts, the leading provider of resident surveys. Balfour Beatty Communities received the National Company Award in three categories: overall military housing, multifamily, and student housing which, in total, represents close to 50,000 units.

Balfour Beatty Communities (BBC) a national residential real estate investment and management company, today announced its senior vice president of military housing management, Charles “Chuck” Parker, was honored as a 2023 National Defense Community Champion by the Association of Defense Communities. Mr. Parker was nominated by ENGIE, a leading low-carbon energy and services provider and BBC partner.

Balfour Beatty Communities, a leading residential real estate investment and management company, recently launched a large-scale renovation project to improve the energy performance of more than 4,900 homes at eleven Navy installations on behalf of its Navy Southeast Housing partnership with the Navy. The project will bring both water and energy-conservation improvements through a self-funding Energy Savings Performance Contract (ESPC).

Balfour Beatty Communities, a national residential real estate investment and management company, announced it has begun a $7 million exterior renovation project at Fort Hamilton Family Homes, a military housing community located at U.S. Army Garrison Fort Hamilton in New York. As part of the project, Balfour Beatty Communities will renovate the exteriors on ten garden apartment buildings located in the community’s Doubleday Village neighborhood.

Balfour Beatty Communities in partnership with the United States Army at Fort Carson, CO, recently celebrated the start of a multi-phased development project planned for its privatized military housing community, Fort Carson Family Homes. The July 13, 2022 groundbreaking event was held at the Cherokee Village West neighborhood where existing 60-year-old military housing units will be demolished to make way for the planned construction of new homes for active duty service members and families assigned to Fort Carson.

Balfour Beatty Communities, a national residential real estate investment and management company, and ENGIE Services U.S., a subsidiary ENGIE North America (ENGIE), a leading low-carbon energy and services provider, recently completed more than $12 million in energy efficiency improvements to more than 1,000 homes at Fort Eustis and Fort Story, Virginia. The project, which leveraged private capital, brings modernized fixtures and systems to the homes, reducing energy consumption and streamlining related maintenance services while continuing to improve the living experience for military families. This successful project is another example of the benefits realized through the Military Housing Privatization Initiative (MHPI).

Balfour Beatty Communities, a national residential real estate investment and management company, was recognized as part of the National Multifamily Housing Council’s (NMHC) 2022 NMHC 50, the annual ranking of the nation’s largest apartment owners, managers, developers, builders and syndicators. Balfour Beatty Communities is the 24th largest apartment owner and 35th largest apartment manager with over 48,000 units owned and managed across the United States.

Balfour Beatty Communities, a national residential real estate investment and management company, received national honors for its military, multifamily, and student property management services based on an independent satisfaction survey conducted by SatisFacts, a national leader for technology, data, and education in the multifamily industry. Balfour Beatty Communities received honors in three categories: National Company Award for overall military housing, National Company Award for overall multifamily/student housing, and National Property Awards across its military, multifamily, and student housing portfolio, which numbers close to 50,000 units.

Balfour Beatty Communities, a national residential real estate investment and management company, today announced it has been named a 2021 Motili Carbon Reduction Champion for reducing its emissions through HVAC upgrades completed across its military housing portfolio in 2021. Balfour Beatty Communities replaced HVAC systems in more than 1,200 military housing units, improving system performance while driving energy savings and lower carbon emissions.

Balfour Beatty Communities, a national residential real estate investment and management company, hosted its 13th annual Swing 4 Scholarships charity golf event to raise money for its non-profit organization, Balfour Beatty Communities Foundation.

Balfour Beatty Communities, a national residential real estate investment and management company, announced today that it has acquired a 352-unit apartment community in Kissimmee, Florida with ApexOne Investment Partners. The acquisition expands the company’s Florida footprint to 11 properties.

Balfour Beatty Communities, a leading provider of property management, development and related real estate services for the multifamily, military and student housing markets, today announced it has completed agreements to install rooftop solar systems across its military housing at Naval Air Station Jacksonville, Naval Air Station Pensacola and Naval Station Mayport. More than 6.5 megawatts of photovoltaic (PV) systems will be installed, generating an estimated 3 million kilowatt-hours of electricity annually, allowing the NAS Jacksonville Homes, NAS Pensacola Homes and NS Mayport Homes communities to draw up to 20% of their total electricity supply from renewable energy.