Military and residential housing
We develop and manage world-class communities in the multi-family, student and military housing sectors.
Throughout the US and the UK, Balfour Beatty is an active owner/investor, developer and manager of residential real estate in the multi-family, military and student housing markets. Residential ventures in North America are managed through Balfour Beatty Communities, a full-service real estate company with capabilities that include development, financing, renovation and property and facilities management service. Staffed by a world-class team of real estate professionals, Balfour Beatty Communities operates as a strategic partner focused on increasing property value and performance while delivering exceptional customer service.
Balfour Beatty Communities has more than 50,000 residential units and $6 billion in real estate assets under management and has developed or renovated more than 31,000 units with a total value of close to $4 billion.
Balfour Beatty Communities is uniquely positioned as a leader in the US military housing industry—managing a significant portfolio of privatized military housing across 55 Army, Navy and Air Force installations through the Military Housing Privatization Initiative (MHPI)—the leading example of a successful public-private partnership.
|Portfolio value||c.£4.9b | c.$6.2b***|
|Equity invested||c.£123.9m | c.$174.2m|
*Currency calculations are listed at the time of financial close
**11 of which are legacy projects within our portfolio
*** Values inclusive of legacy projects