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BALTIMORE, MD — Blue Ocean is pleased to announce 2 additional communities to its growing Fee Managed portfolio. Local owners have taken notice of Blue Ocean and have enlisted their Professionalism to Manage 2 new communities. The Greens at Forest Park and West winds in Frederick Maryland. The addition will add approximately 350 units to Blue Ocean’s existing Multi-family portfolio.
“Blue Ocean is accomplishing two things with this deal. 1. We are expanding our Fee Managed portfolio while allowing outside Owners the opportunity to benefit from using our in place resources and infrastructure; 2. We are increasing our visibility by stepping into the Frederick, MD Market place.” Says Blue Ocean President and Owner, Jonathan Ehrenfeld.
Blue Ocean has over the years invested in its infrastructure to enable the company to capture third party management and acquisition opportunities.
About Blue Ocean
Located in Baltimore, Blue Ocean Realty is active in syndicating, purchasing and managing commercial 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 45 properties valued at over $300,000,000. The Blue Ocean portfolio consists of nearly 3,500 apartment homes and approximately 2,000,000 square feet of commercial space.
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