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Bozzuto Group

From Alfawiki
Bozzuto Group
Company typePrivate
IndustryReal estate
Founded1988
FounderTom S. Bozzuto, John Slidell, Rick Mostyn, Bernie Lubcher
Headquarters
Greenbelt, Maryland
,
United States
Area served
East Coast of the United States (Miami to Boston), Northeast, Chicago
Key people
Toby Bozzuto (CEO and President)
ProductsResidential development, property management, construction
Websitewww.bozzuto.com

Bozzuto Group is a prominent real estate enterprise consisting of four primary branches: Bozzuto Management Company, Bozzuto Construction Company, Bozzuto Development Company, and Bozzuto Homes Inc. The firm has been responsible for the development, acquisition, and construction of over 45,000 residential units and currently oversees the management of upwards of 70,000 apartments as well as 2.2 million square feet of retail properties spanning the East Coast—from Miami to Boston, including the Northeast and Chicago. Its corporate headquarters are located in Greenbelt, Maryland. In 2013, the company benefited from a financial incentive provided by Prince George's County, Maryland.

Background

Established in 1988 by Tom S. Bozzuto along with partners John Slidell, Rick Mostyn, and the late Bernie Lubcher, the organization has experienced considerable growth in both residential development and property management sectors.

In 2013, leadership transitioned to Tom’s son, Toby Bozzuto, who assumed the roles of Chief Executive Officer and President. During his tenure, the company broadened its market reach and garnered notable distinctions such as the 2014 developer of the year award from the Maryland Building Industry Association. As reported by The Washington Post, Bozzuto has been involved in the creation of more than 50,000 housing units since its inception.

Awards

Bozzuto has received numerous accolades on both national and regional levels. Between 2015 and 2019, it was recognized as the Top Property Management Company for Online Reputation by Multifamily Executive Magazine alongside J Turner Research. In 2016, the National Association of Home Builders (NAHB) named Bozzuto "Multifamily Development Firm of the Year" during their Pillars of Industry Awards. Additionally, Bozzuto Construction Company achieved a ranking of 17th on the National Multifamily Housing Council's (NMHC) list of "25 Largest General Contractors."

The company’s workplace environment has also been acknowledged through recurring honors such as The Washington Post's "Top Workplaces," the Washington Business Journals "Best Places to Work," and The Baltimore Suns "Top Workplace." Bozzuto maintains multiple offices throughout the Washington D.C. metropolitan area and Northern Virginia.

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