BRIDGE REAL ESTATE GROUP EXPANDS ITS REACH WEST INTO TEXAS AND DEEPENS ITS ROOTS IN FLORIDA

4.03.18

Clubhouse Fireplace | Woodway Square Houston TX

Bridge Real Estate Group Expands Its Reach West into Texas and Deepens Its Roots in Florida

Well-Established Florida Multifamily Property Management Company Adds Two Properties to Its Roster in Partnership with Property Owner

BOCA RATON, Fla. – April 2, 2018 – Bridge Real Estate Group, a leading boutique property management and real estate investment services company, announced today that it kicked off 2018 by expanding its footprint into Texas for the first time and growing its existing presence in the Orlando market by adding two new properties to its portfolio: Woodway Square and Murano Apartments. Both properties were recently purchased by Cardone Capital, which appointed Bridge Real Estate Group to manage them, increasing the total number of properties Bridge manages on behalf of Cardone Capital to 20.

In late January, Bridge officially became the property manager for Woodway Square, an upscale apartment community in Houston. Additionally, in February 2018, Murano Apartments, which is in the heart of Orlando, also came under the management of Bridge. While Woodway Square is Bridge’s first Texas property, the company now manages a total of 46 properties in Florida alone.

“We are excited for the Cardone Capital to add the Texas and Orlando properties to their portfolio, reaching new milestones for their company,” said Lori Krull, Bridge Real Estate Group partner. “We appreciate the business partnership between their investment team and Bridge Real Estate Group.”

The newly renovated Woodway Square consists of 507 apartment homes offering a modern lifestyle, with sprawling grounds that include a unique two-acre park and an off-leash dog run. Residents may be particularly interested in the jogging trail, tennis courts, sand volleyball courts, heated lap pool and spa, and 24-hour state-of-the-art fitness club and business center. Woodway Square is located between the Galleria and Memorial areas, near the Houston Arboretum & Nature Center.

“It’s always been a goal and part of our business plan to expand our portfolio of communities further west,” said Krull. “Woodway Square introduces us into Texas and the highly competitive Houston market.”

Murano Apartments is a contemporary 240-unit, pet-friendly community in Orlando offering luxury living in 1-, 2-, and 3-bedroom apartments, and is an easy drive to the Mall at Millennia, golf and area attractions in America’s favorite vacation land. The complex features a resort-style, heated saltwater swimming pool and a gym that has Fitness On DemandTM and offers over 140 streaming fitness classes. The clubhouse not only has game rooms, but also an internet café and meeting rooms.

For additional company information, history and services, please visit bridgeregroup.com.

Bridge Real Estate Group

Bridge Real Estate Group is a multifamily property management company headquartered in Boca Raton, Florida. Founded in 2005, Bridge has grown to be a leading boutique property management and real estate investment services company in the U.S. With a portfolio of properties under its management that encompass a distinct mix of demographics, Bridge is dedicated to personal service and demonstrates a commitment to positively impacting the lives and communities that it serves.

Cardone Capital

Cardone Capital is a private-equity real estate firm that specializes in the multifamily housing sector. With 20+ years of experience in the real estate industry, the firm acquires, improves, and operates multifamily real estate in growth markets in five states. Cardone Capital’s mission is to identify, acquire and manage income-producing properties that provide opportunities for investors to preserve capital investments, collect consistent cash distributions while providing future capital appreciation of the assets. For more information visit: cardonecapital.com

 

Media Contact:
Jeffrey Burnell
Bridge Real Estate Group
561-826-9036
jburnell@bridgeregroup.com

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