Balfour Beatty Communities adds four properties to Florida multifamily management portfolio

Company selected as the third party manager for Arbor Club and Ashley Club properties in Pensacola and the Westminster Chase and Willow Brooke properties in Tampa

MALVERN, Pa.--(BUSINESS WIRE)-- Balfour Beatty Communities, a leading provider of property management, development and related real estate services for the multifamily, military, and student housing markets, has been selected to deliver property management services for four properties in the Florida multifamily market, including Arbor Club and Ashley Club in Pensacola, and Westminster Chase and Willow Brooke in Tampa. These management contracts add more than 850 conventional units to the company’s multifamily management portfolio. Balfour Beatty Communities will deliver comprehensive management services for the communities, including marketing, leasing, operations and maintenance.

Ashley Club is a 224-unit, garden-style complex located near Escambia Bay and downtown Pensacola. Ashley Club offers one- and two-bedroom units with private balconies and numerous amenities including a swimming pool, hot tub, car care center, fitness center, tennis court and dog park.

Arbor Club is a 168-unit, garden-style complex located near Pensacola International airport. The property features one- and two bedroom units with private balconies and a variety of amenities such as a swimming pool, hot tub, dog park, tennis court and car care center.

Located in the heart of Tampa, Westminster Chase offers 224 units in one- and two-bedroom floor plans. Amenities include a clubhouse, fitness center, car care center, playground, and swimming pool.

Willow Brooke is a 248-unit property offering one- and two-bedroom units with close proximity to the University of South Florida. Property amenities include a clubhouse, fitness center, swimming pool, business center, sand volleyball court and dog park.

"We are very pleased to continue to grow our multifamily management portfolio in Florida," said Terri Edelman, executive vice president for Balfour Beatty Communities. "We look forward to bringing our proven resources and expertise to further enhance these communities and deliver the world-class customer service residents have come to expect from a Balfour Beatty Communities-managed property."

About 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 48,000 residential units and $6 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. Headquartered outside Philadelphia, PA, Balfour Beatty Communities has more than 1,200 employees and is a subsidiary of Balfour Beatty Investments, Inc.

Balfour Beatty Investments is part of Balfour Beatty plc, a global leader in construction services, support services, and infrastructure investment.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151203006265/en/

Balfour Beatty Communities
Maureen Omrod, 610-355-8136
Corporate Communications Director
[email protected]

Source: Balfour Beatty Communities

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