Blue Roc Premier Adds Three Apartment Properties to Florida Portfolio
Summary
LAKELAND, Fla.--(BUSINESS WIRE)--Blue Roc Premier Properties LLC today announced it has acquired management control of three apartment properties in different regions of Florida, further strengthening the company’s position in the state’s growing multi-family market. “As states like Florida continue to grow and add new residents, the demand for multi-family housing remains strong,” said Randy Ferreira, owner and CEO of Blue Roc Premier Properties. “This deal strengthens our property management portfolio in Florida, and we look forward to adding more properties in other regions of the state in the future.” The management contract acquisition was part of a joint equity deal in May between the principals of Blue Roc and its equity partner, Topaz Capital. Blue Roc Premier and its affiliates manage more than 15,000 multi-family units across the Southeastern U.S., with a significant footprint throughout Florida, particularly along the I-4 corridor between Tampa Bay and Orlando. The firm has developed a proven track record for value-added and stabilized apartment properties.