SARASOTA, FL - Balfour Beatty Communities, LLC, a leading provider of property management, development and related real estate services for the multifamily, military, and student housing markets, today announced that it will deliver property management services for three multifamily properties located in Sarasota, Florida. The properties include Bellasol Apartments, Park Place Villas and Ridge Manor Apartments, totaling 334 units.
Bellasol Apartments, located at 1200 Signal Pointe Circle, Sarasota, consists of one and two-bedroom apartments and villas with a variety of community amenities, including two pools, a playground and sand volleyball court. Park Place Villas and Ridge Manor Apartments, located at 3211 Bee Ridge Road, Sarasota, offer one and two-bedroom apartment layouts with patios/balconies, as well as a community pool and picnic areas.
Balfour Beatty Communities has been contracted to deliver comprehensive property management services, including marketing, leasing, operations and maintenance. As part of the transition, the company has deployed expert teams to coordinate the onboarding/training of new associates, market positioning and capital improvements, including renovation services.
"We are very pleased to add Bellasol, Park Place and Ridge Manor to our multifamily portfolio in Florida," said Holly Costello, vice president of multifamily operations for Balfour Beatty Communities. "We look forward to bringing the resources and expertise of our exceptional team to these communities and delivering the robust performance and world-class customer service both our clients and residents have come to expect from Balfour Beatty Communities."
Balfour Beatty Communities, LLC is a diversified real estate services company delivering development, design, financing, construction, renovation, property and facilities management services in the multifamily, student and military housing sectors. A leader in the industry, Balfour Beatty Communities has more than 43,000 residential units and $5.7 billion in real estate assets under management and has developed or renovated more than 29,000 units with a total value of close to $4 billion.