Bozzuto Group

The Bozzuto Group is a real estate company. Bozzuto has four main divisions—Bozzuto Management Company, Bozzuto Construction Company, Bozzuto Development Company, and Bozzuto Homes Inc. The company has developed, acquired, and built more than 45,000 homes and apartments. Currently, it manages more than 70,000 apartments and 2.2 million square feet of retail space along the East Coast between Miami and Boston, in the Northeast and Chicago. Its headquarters are in Greenbelt, Maryland. It was subsidized by Prince George's County, Maryland in 2013.[1]

Bozzuto Group
TypePrivately held company
Industryreal estate
Founded1988
FoundersThomas S. Bozzuto, John Slidell, Rick Mostyn and Bernie Lubcher
Headquarters
Greenbelt, Maryland
,
United States
Key people
Toby Bozzuto, Tom Bozzuto
Servicesreal estate development
Websitebozzuto.com

Companies

Construction

Services:

  • General Contracting
  • Preconstruction
  • Virtual Design & Technology
  • Renovations & Capital Improvements

Property Management

Services:

  • Residential Leasing and Management
  • Lease-Up and Transitions
  • Advisory Services
  • Retail Management and Tenant Coordination
  • Maintenance and Engineering

Background

Tom S. Bozzuto and his three partners John Slidell, Rick Mostyn, and the late Bernie Lubcher founded the company in 1988.[2]

In 2013, Tom’s son Toby Bozzuto took over as Chief Executive Officer and President.[3]

In 2014, he received the developer of the year award from the Maryland Building Industry Association.[4] According to The Washington Post, the company has developed more than 50,000 homes and apartments since its inception.[1]

Awards

Bozzuto has been recognized by many national and regional organizations. For five consecutive years, from 2015 to 2019, Bozzuto has been named Top Property Management Company for Online Reputation by Multifamily Executive Magazine[5] and J Turner Research. In 2016, the National Association of Home Builders (NAHB) named Bozzuto "Multifamily Development Firm of the Year" at their Pillars of Industry Awards.[6] Bozzuto Construction Company was also ranked 17th out of the National Multifamily Housing Council's (NMHC) "25 Largest General Contractors."[7]

Bozzuto has received awards for its workplace culture. They have repeatedly earned awards like The Washington Post's "Top Workplaces",[8] the Washington Business Journal's "Best Places to Work" and The Baltimore Sun's "Top Workplace".[9] They have several offices in the Washington D.C. and Northern Virginia area.

References
  1. O'Connell, Jonathan (September 25, 2013). "Deal by Prince George's County Executive Rushern Baker will keep developer Bozzuto Group in Greenbelt". The Washington Post.
  2. "The Bozzuto Group". bearsofficialstore. Archived from the original on 2020-06-04. Retrieved 4 June 2020.
  3. Henderson, Jason W. (May 26, 2015). "President of the Bozzuto Group to Speak at Final Spring Distinguished Speaker Series" (blog). Cornell University Baker Program in Real Estate.
  4. Bednar, Adam (September 22, 2014). "Toby Bozzuto named developer of the year". The Daily Record. Baltimore, Maryland.
  5. Multifamily Executive Magazine
  6. Multifamily Development Firm of the Year
  7. 2017 25 Largest General Contractors
  8. Top Workplaces
  9. Top Workplace
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