Tuesday, April 23, 2024
54 F
    HomeNewsCoastal Ridge Real Estate Crests $3B in Assets Under Management

    Coastal Ridge Real Estate Crests $3B in Assets Under Management

    Columbus, OH – Coastal Ridge Real Estate, a multifamily real estate investment and management firm, has surpassed $3 billion in assets under management.  

    The firm, which owns and manages a portfolio of multifamily assets has been recognized as an  Inc. 5000 Fastest Growing Company, and a Columbus Business First Fast 50 honoree in years past.  

    “Hitting this milestone is a testament to the hard work and dedication of our teams throughout the country, and the trust and commitment our investors and partners have in us and our ability to execute on their behalf,” said Patrick McBride, Founder & Managing Partner. 

    Founded in 2013, Coastal Ridge owns and manages a portfolio of over 30,000 combined student housing beds and conventional multifamily units in 18 states and employs over 700 associates nationwide.  

    “We’d be remiss not to take a moment to celebrate this accomplishment, which wouldn’t be possible without the people who power Coastal Ridge,” said Ben Texler, Partner & President.  “However, we continue to strive towards excellence on behalf of our owners, investors, team members, residents, and communities. This is still just the beginning for Coastal Ridge and our  long-term opportunities for growth.” 

    About Coastal Ridge Real Estate 

    Headquartered in Columbus, OH with additional offices in Santa Monica, CA and Santa Rosa Beach, FL, Coastal Ridge Real Estate is a full-service real estate investment and property management firm executing on core, core plus, value add, and ground-up development investment strategies in the multifamily real estate asset class. The firm’s vertically integrated platform includes divisions to oversee investment management, property management, and development. Coastal Ridge’s current portfolio is comprised of 30,000+ conventional apartment units and student housing beds spanning 39 distinct markets, with assets under management totalling over $3.25 billion. Coastal Ridge has been recognized as an Inc. 5000 Fastest-Growing  Private Companies in America five times. For more information visit www.coastalridge.com.