About Us


Blue Ocean is a property management company in Baltimore, MD that is active in syndicating, purchasing and managing investment grade real estate assets in the multifamily, office, retail and industrial sectors. The Company was founded in 2004. Since that time Blue Ocean has grown its portfolio to 35 properties valued at over $350,000,000. The Blue Ocean portfolio consists of approximately 3,700 apartment homes and 2,000,000 square feet of commercial space.


Blue Ocean’s team is made up of deeply experienced professionals with diverse backgrounds and skills. This depth enables us to support the full spectrum of transactions, advisory, and property management services. The team is well supported by finance, accounting, in-house legal counsel, leasing, maintenance and marketing support personnel. Our well trained and qualified staff affords us the opportunity to manage our properties effectively and efficiently. These practices translate into consistent reliability and performance for our residents and commercial tenants. More importantly, every decision and action is implemented with integrity. We uphold exceptionally high standards without compromise.


Our mission at Blue Ocean is to create and deliver exceptional value to our residents, commercial tenants, employees and partners. We accomplish our mission by being highly motivated and detail oriented, while operating with a robust, but efficient local infrastructure. With these attributes ever present in our day to day operations, we maintain an advantage that allows us to consistently deliver results. At Blue Ocean we believe that it is the hundreds of small tasks that one must perform well each and every day to be successful in creating exceptional value in the world of real estate. With this in mind, we work diligently and aggressively to maximize the return on our partner’s investment.

“As residents of Baltimore ourselves, we have a firsthand appreciation for what makes our city great. To achieve greatness, we must create exceptional value wherever possible. This is our mission. ‘Move the needle’….every day.”

– Jonathan Ehrenfeld, President of Blue Ocean