We are honored to be recognized by the NMHC as an industry leader. The last year and a half has been a great growth story for our company, and these rankings indicate just how hard our people have worked.
Wellington, FL (PRWEB) April 12, 2017
The Bainbridge Companies, a leading owner, developer and manager of luxury multifamily communities in the eastern U.S., today announced it was included in the National Multifamily Housing Council’s (NMHC) 2017 Top 25 Developers and Top 25 General Contractor rankings. The Bainbridge Companies is among the largest apartment developers and general contractors in the country according to NMHC.
In 2016, the company experienced significant growth with the start of 2,032 units, which is an increase of more than 300 percent over its developments in 2015. Florida, Washington D.C. and North Carolina were the markets where Bainbridge began most of its new developments last year.
“We are honored to be recognized by the NMHC as an industry leader,” says Tom Keady, President of Development for Bainbridge. “The last year and a half has been a great growth story for our company, and these rankings indicate just how hard our people have worked. We are immensely proud of the Bainbridge team and our continued dedication to developing only the highest-quality apartment communities for the residents of the Mid-Atlantic, Florida and Carolinas regions.”
Bainbridge will continue to expand its development and construction business in 2017 and begin construction on several new communities with its in-house general contracting division. “While our volume of construction has grown significantly in the past few years, we still treat each new community as if it were our only project. Our attention to detail is stronger than ever,” said Bob Gaherty, President of Construction for Bainbridge.
Throughout the firm’s 20 years in development, construction and management of multifamily communities, Bainbridge has started construction on or acquired more than 30,000 apartment homes.
For more details about the NMHC Top 50 and Top 25 lists, visit http://www.nmhc.org/The-NMHC-50.
About The Bainbridge Companies, LLC
The Bainbridge Companies is a leading owner, developer and manager of luxury multifamily apartment communities in the Eastern United States. Founded in 1997, Bainbridge is a fully integrated family of real estate companies engaged in the development, construction, management and acquisition of residential and commercial real estate. Bainbridge is headquartered in Wellington, Fla., and Bethesda, Md., with regional offices in Raleigh, N.C., Orlando, Fla., and the New York Tri-State area. Our team consists of over 600 passionate professionals across our offices and portfolio.
About the National Multifamily Housing Council
Based in Washington, D.C., the National Multifamily Housing Council (NMHC) is the leadership of the trillion-dollar apartment industry. We bring together the prominent apartment owners, managers and developers who help create thriving communities by providing apartment homes for 39 million Americans. NMHC provides a forum for insight, advocacy and action that enables both members and the communities they help build to thrive. For more information, contact NMHC at 202/974-2300, e-mail the Council at info(at)nmhc(dot)org, or visit NMHC's web site at http://www.nmhc.org.