Bozzuto Grows Portfolio by 11 Properties in 90 Days
- Jun 02, 2011
Greenbelt, Md.–Bozzuto Management Co. has recently added 11 properties to its portfolio. The assets, totaling 3,200 units, are a combination of new openings and property takeovers, and collectively increase the company’s portfolio to 33,000 units. Bozzuto Management now serves 55 clients in 115 properties across eight East Coast states.
The company was recently named one of the “Best Places to Work” in Greater Washington by the Washington Business Journal. This is the third year in a row, and the fourth time, Bozzuto has received the distinction.
In addition, The Fitzgerald, a Baltimore property developed by Bozzuto Development, built by Bozzuto Construction, and now managed by Bozzuto Management, was just presented the “Award for Excellence” by the Urban Land Institute, an honor bestowed on just 10 U.S. projects each year. The Fitzgerald was also recently named the largest LEED-certified residential community in the Baltimore area and is home to the city’s first public electric-vehicle charging stations.
New management assignments awarded in the past 90 days to Bozzuto Management include three new developments: The Residences on the Avenue, a 335-unit high-rise community in Washington, D.C; Enclave at Emerson, a 164-unit mid-rise community in Laurel, Md.; Alta at Regency Crest, a 150-unit garden-style active senior community in Ellicott City, Md. and several property takeovers, including 2401 Pennsylvania Avenue, a 40-unit high-rise community in Washington, D.C.; Brookside, a 432-unit garden community in Frederick, Md.; Overlook Manor, a 290-unit garden community in Frederick, Md.; 1500 Locust, a 610-unit high-rise community in downtown Philadelphia; Summer Chase Apartments, a 198-unit garden community located in Limerick, Pa.; Alexan Carlyle, a 280-unit high-rise community in Alexandria, Va.; The Monterey, a 432-unit high-rise community in Rockville, Md. and The Sagamore, a 265-unit high-rise community on the Upper West Side neighborhood of Manhattan.