Berkshire Residential Investments
Berkshire Residential Investments Overview
Industry
About Berkshire Residential Investments
Berkshire Residential Investments is a vertically integrated residential real estate investment and property management firm with over 58 years of experience in the U.S. residential real estate sector. Established in 1966, the company manages approximately $32.5 billion in real estate assets on behalf of global institutional investors.
The firm's investment approach centers on a sector-focused strategy, covering various residential housing sectors including market-rate apartments, workforce housing, active adult communities, senior housing, student housing, and manufactured housing.
This diversified focus allows Berkshire to deploy capital across the risk spectrum in both equity and debt investments within private and public markets.
Berkshire's vertically integrated model covers all aspects of residential real estate investment and management. Dedicated teams specialize in acquisitions, dispositions, development, portfolio management, debt capital markets, property operations, and capital raising.
This comprehensive approach enables the company to identify and create value through opportunistic strategies, leveraging deep market expertise and operational insight.
Commitment to Sustainability
Berkshire is committed to sustainability and environmental stewardship through its ESG program, BerkshireTHRIVE.
The company has set ambitious goals including a 10% reduction in energy consumption, greenhouse gas emissions, and water usage, as well as a 30% waste diversion rate by 2025, based on a 2015 baseline.
As of December 31, 2023, Berkshire achieved a 7.1% reduction in energy consumption, 8% reduction in greenhouse gas emissions, 1.2% reduction in water consumption, and 25.3% waste diversion rate.
Portfolio and Locations
Berkshire's portfolio includes approximately 460,000 residential units across the United States.
The company has properties in multiple states and maintains offices in several cities.
- States: Arizona, California, Colorado, Florida, Georgia, Illinois, Massachusetts, Nevada, New Jersey, North Carolina, Ohio, Oregon, Tennessee, Texas, Virginia, Washington
- Offices: Boston (headquarters), Atlanta, Dallas, San Francisco, Silver Spring, MD
Notable properties include The Rey in San Diego, One Santa Fe in Los Angeles, and The Enclave in San Jose.
Stock Market Information for BRT Apartments Corp (BRT)
- BRT Apartments Corp is a publicly traded equity in the USA market.
- Current price: 14.51 USD with a change of -0.04 USD (-0.00%) from the previous close.
- Latest open price: 14.44 USD
- Intraday high: 14.71 USD, intraday low: 14.25 USD
- Intraday volume: 45,990 shares
- Latest trade time: Friday, August 1, 13:00:00 PDT