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 (top right photo) 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.
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 (lower left photo), President of Bainbridge Development. “We believe that the multifamily market in the Triangle region is very strong, and we look forward expanding our presence.”
Contact:
Terri Thornton
404-932-4347 (Cell)
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