Corporate Sustainability Initiatives

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    Waterford Residential acquired a four-story, 36-unit Long Beach community near the Recreation Park Golf Course, Bluff Park and Alamitos, Junipero and Peninsula beaches.

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    Blue Magma Residential and NCP Enterprise Funds have acquired three communities in Covington, Ga.; Robinsonville, Miss.; and Dothan, Ala.

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    The 10th-largest affordable housing management company added more than 800 apartment units to its portfolio, extending is reach to nearly 80 cities.

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  • Blue Magma Acquires 3 Atlanta-Area Properties

    The company, together with Rosdev Group, secured the 918-unit portfolio for $44.4 million and plans to renovate the communities.

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    The company acquired the newly constructed property for approximately $127 million. Previously known as Aer Luxury Apartments, the asset will be rebranded as Camden Pier District.

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