Latest news with #WillowBridge
Yahoo
08-05-2025
- Business
- Yahoo
Blue Ridge Cos. transitions management business to Willow Bridge
This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Blue Ridge Cos. has transitioned its management portfolio of over 10,000 units across 35 properties to Dallas-based Willow Bridge Property Co., effective May 1, according to a news release. After exiting day-to-day management, Blue Ridge will focus on future development and long-term asset performance. The partnership will allow the High Point, North Carolina-based apartment developer and owner to leverage Willow Bridge's technology and scalable operational efficiencies. Blue Ridge's site-level employees will join the much larger Willow Bridge management operation. The firm manages 220,000 units for its clients and offers expanded opportunities for professional growth and development, according to Blue Ridge. For Willow Bridge, formerly the residential division of Lincoln Property Co., the Blue Ridge portfolio provides an opportunity to scale up its presence in the Carolinas. "This partnership aligns with our strategic growth in the Carolinas, allowing us to expand thoughtfully while staying true to our commitment to create places people want to call home,' said Margette Hepfner, chief operating officer at Willow Bridge, in the news release. The partnership enables Blue Ridge to adapt to operational shifts, market changes and regulatory demands, according to the news release. "This strategic alliance will allow us to devote the necessary time and energy toward development and construction activities that will support the continued growth of our real estate portfolio for years to come,' said Chris Dunbar, president of Blue Ridge Cos. In the age of centralization and increasingly expensive property management technology, Blue Ridge isn't the only major company to move parts of its operation to a larger competitor with more scale. In February 2024, Atlanta-based Wood Partners transferred property management operations for its roughly 38,000 units across 17 states to Charleston, South Carolina-based Greystar, the largest apartment manager in the country. In April 2023, Arlington, Virginia-based AvalonBay Communities and Atlanta-based Gables Residential announced that they had entered into an agreement for AvalonBay's centralized service center to provide back-office financial administrative support services to Gables, which manages and builds apartments. In March 2023, Altman Management Co. partnered with Atlanta-based third-party residential property management firm RAM Partners to provide back-office management services. AMC, the property management division of Fort Lauderdale, Florida-based developer, builder and manager The Altman Cos., continued to handle resident-facing functions. Click here to sign up to receive multifamily and apartment news like this article in your inbox every weekday. Sign in to access your portfolio
Associated Press
12-02-2025
- Business
- Associated Press
Willow Bridge Property Company Celebrates 60 Years of Excellence in Multifamily
Caption: Willow Bridge Property Company's new development, The Park at Katy Trail, is set to open in Dallas, TX in 2025 - the year of the company's 60th anniversary. DALLAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Willow Bridge Property Company, one of the nation's largest full-service real estate firms, is proud to celebrate its 60th anniversary. Originally founded on February 12, 1965 as the residential division of Lincoln Property Company by Mack Pogue in Dallas, the company has evolved over six decades into a national leader in the multifamily sector. Today, Willow Bridge manages over 220,000 units and has developed more than 200,000 multifamily residences, employing over 5,200 dedicated professionals. In 2023, the residential division rebranded as Willow Bridge after separating from Lincoln Property Company, becoming an independent entity positioned for continued growth in the rapidly evolving multifamily market. From its beginnings as a regional multifamily developer, Willow Bridge has grown into a trusted name in real estate, currently operating in 29 states, with planned expansion into new markets. 'We're immensely proud of our rich legacy of creating places people want to call home,' said Duncan Osborne, CEO of Willow Bridge Property Company. 'As we look toward the future, we remain committed to building on the foundation of trust, expertise, and partnership that has been the cornerstone of our success for the past 60 years.' Since its inception, Willow Bridge has maintained its reputation as a trusted property management firm, leading multifamily developer, and innovative marketer. 'It's hard to believe this is my 40th year with the company, and I've witnessed firsthand its remarkable growth through that time,' said Scott Wilder, President of Property Management. 'The success we've achieved over the years has been driven by our unwavering commitment to our clients, employees, partners, and the communities we serve. We are excited about the future and the continued growth opportunities on the horizon.' Willow Bridge is celebrating this milestone by launching a three-week campaign featuring community events, resident and employee spotlights, and acts of kindness that give back to the communities it proudly supports. For more information about Willow Bridge Property Company, please visit About Willow Bridge Property Company Founded in 1965 by Mack Pogue as Lincoln Property Company, Willow Bridge Property Company is one of the United States' most respected full-service residential property companies, operating a successful portfolio in 75 markets. Headquartered in Dallas, Texas, Willow Bridge proudly employs over 5,200 team members, has built over 200,000 apartments and manages 220,000 units for its clients. To learn more, visit
