Founded in 1976, Bell Partners Inc. (“Bell Partners” or “Bell”) is a private real estate company focused primarily on the acquisition and management of high-quality apartment communities located in the Northeast, Mid-Atlantic, Southeast and Southwest United States. The National Multi-Housing Council currently lists Bell Partners as the 12th largest apartment operator in the United States, with a management portfolio of more than 64,000 homes valued at over $5 billion dollars across 15 states with over 1,500 associates. Since 2002, the company has completed nearly $7 billion of apartment transactions. Bell Partners is headquartered in Greensboro, NC, and has 9 regional offices. The company is a fully-integrated real estate enterprise with expertise in acquisitions and dispositions, financing, property operations and all related support functions.
Bell Partners seeks to provide attractive, risk-adjusted returns to its investors by acquiring well-located, high-quality apartment communities to which the company believes it can add value through its operating platform. The company is generally seeking to acquire high-quality apartment assets with at least 150 homes in the Northeast, Mid-Atlantic, Southeast and Southwest, but will also consider the purchase of larger apartment portfolios in other strong markets in the U.S. The company will also consider entering into development joint ventures with highly qualified, experienced developers.
Geographic Area: Northeast, Mid-Atlantic, Southeast, and Southwest regions of the United States
Product Type: Garden, mid-rise or high-rise apartment communities
Investment Size: Greater than $10 million and communities containing at least 100 apartments
Deal Structure: Cash, assumed debt (conventional, bonds, other) or joint ventures
(i) Older communities that are in strong, in-fill locations and are candidates for a
(ii) Newer, institutional quality properties
(iii) Pre-sale or development opportunities