US military and residential housing
We develop and manage world-class communities in the multi-family, student and military housing sectors.
Throughout the US we are an active owner/investor, developer and manager of residential real estate in the multi-family and military 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 services. 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 services.
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 manages a significant portfolio of privatized military housing across 55 Army, Navy and Air Force installations through the Military Housing Privatization Initiative (MHPI), a public-private partnership with the US Department of Defense.
|Total project funding||c.£4.7bn|
*Figures are accurate as of our 2019 full-year results