The Bainbridge Companies Expands to North Carolina

WELLINGTON, FL - The Bainbridge Companies, a fully-integrated group of multifamily real estate companies, has expanded into the Raleigh-Durham area of North Carolina. The firm plans to own and develop a number of new luxury apartments in the area; it is also pursuing additional contracts to manage properties owned by other companies.

As part of the expansion, the firm has hired Ron Perera as Senior Development Director for the region. He is now responsible for sourcing and managing new development projects in North Carolina and southern Virginia.

“We will be actively pursuing new development opportunities in the area,” Perera says. “Bainbridge is excited about producing new, high quality luxury apartments here.”

His previous experience includes managing multifamily and mixed-use development projects for Wood Partners, where he oversaw the successful development of well over 1,000 units in five projects. He also and managed development of an additional 1,200 units for the ConAm Group of Companies in California. He has approximately ten years experience specifically in multifamily development and another five years experience as a civil engineer specializing in land development. He is licensed as a broker in North Carolina and a professional engineer in Maryland. He holds a Master of Real Estate Development degree from the University of Southern California and a Bachelor of Science in Engineering degree from Duke University.

The new office, located in Cary, is also home base for the firm’s North Carolina property management services. Bainbridge recently added two more properties to its regional management portfolio: New Haven Apartments and Townhomes in Durham and Bridgeport Apartments in Raleigh.

“Bainbridge is taking an aggressive growth strategy across the Southeast and Mid-Atlantic states, with new development and property management assignments in a number of regions,” said Tom Keady, President of Bainbridge Development. “We believe that the multifamily market in the Triangle region is very strong, and we look forward expanding our presence.”

About The Bainbridge Companies
Founded in 1993, The Bainbridge Companies are a fully-integrated family of real estate companies engaged in the development, construction, management, acquisition and disposition of residential and commercial real estate. With more than 100 years of combined experience, the Bainbridge principles have developed, redeveloped, and/or repositioned more than 35,000 multifamily units. The firm’s full service real estate platform includes asset and property management, leasing, sales, marketing, renovation, construction, and development. Based in Wellington, Florida, it also has offices in North Carolina, Atlanta and Bethesda, Maryland.

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