Coastal Ridge just closed on three new housing properties totaling just under 1,600 beds combined and a gross asset value of approximately $90 million. These purchases mark the firm’s initial deployment of capital from the Coastal Ridge Value-Add Student Housing Fund, LP, the firm’s inaugural institutional commingled fund.

In today’s multifamily market, operators are juggling an increasingly complex set of challenges. Operating costs are climbing, insurance premiums are rising, and resident expectations continue to evolve. At the same time, investors are demanding stronger transparency and measurable results. In this environment, traditional property management tactics are no longer enough to preserve healthy margins.

Columbus Business First announces the 45 companies that polled best in private reviews from their employees.

Standout design, community impact, and providing a top-notch resident experience were key themes of the 2025 MFE Awards winners.

Colleges across the U.S. are back in session, and with that return comes the annual scramble for student housing operators. Move-in week is their busiest and most stressful time of year, when thousands of students, many living away from home for the first time, arrive in a matter of days. Getting everyone moved in, settled, and satisfied is an enormous logistical effort. Unlike conventional multifamily housing, student housing presents a unique set of challenges. Owners have increasingly turned to technology to help streamline operations, reduce risk, and limit the inevitable chaos of managing student renters.

Pizzuti Cos. announced a new leasing manager for the company's Columbus multifamily portfolio.

In this episode, Joe McDiffitt, Managing Director of Property Management at Coastal Ridge Real Estate, joins MHN’s Denile Doyle to share lessons from overseeing a diverse portfolio that includes student housing and traditional multifamily properties.

What’s driving growth in student housing? Patrick McBride unpacks market shifts, risk mitigation and resident satisfaction.

This year marks the seventh time that Columbus Business First has put together a list of the community and business leaders making an impact on the economic development of the region.

As property sales have faltered for traditional multifamily, a Coastal Ridge executive notes that off-campus property sales have remained healthy.

Many Americans are finding it increasingly difficult to afford a traditional home, prompting many to opt for the more affordable alternative of renting. More specifically, build-to-rent (BTR) homes are a residential segment offering a different experience. While renters in those assets won't get equity in return, they will be met with vibes similar to owning a home if the landlord can provide the right setting.

Columbus-based Coastal Ridge looks to continue to grow its offerings in 2025, as well as double down on sectors it is already in.

Higher borrowing costs, political uncertainty, bank failures, and booms and busts in asset classes — this year had a lot to get through.

Coastal Ridge, a real estate giant with $5.1 billion in assets, has purchased a building in Walnut Hills to house the team charged with managing its growing Cincinnati scattered-site portfolio.

Columbus, Ohio — Coastal Ridge has hired Laura Formica to the role of managing director of corporate operations. In her new role, Formica will lead and oversee various corporate teams at the Columbus, Ohio-based firm’s home office. The new leadership position was designed to enhance performance and streamline operations across Coastal Ridge’s platform, which includes investment, development and property management.

Denham Capital – Justin DeAngelis has been appointed global head of sustainable infrastructure. Previously, DeAngelis served as partner & co-head of Denham’s sustainable infrastructure arm alongside Scott Mackin for approximately four years. Mackin will remain in his role as partner and head of London office. In his new role, DeAngelis will assume full responsibility for the sustainable infrastructure unit’s leadership and execution. DeAngelis has over 25 years of global investment, fundraising and operational experience, dating back to his time working in power plants.

Halstatt Real Estate Partners and Coastal Ridge Real Estate have opened Stillwell at Avery Centre, a 225-unit build-to-rent community in Round Rock, Texas, within metro Austin. This marked the third property delivered by the partners in a portfolio that now encompasses 729 units across three states.

Columbus-based Coastal Ridge Real Estate plans more than $1 billion in acquisitions this year.

The firm, which started as a property management company in Columbus in 2013, has expanded into new markets and segments in recent years.

Jeremy Gorsky, managing director of investor relations, said the firm now has three divisions: investment management; third-party property management; and development, which started in 2021.

Build-to-rent homes have arrived in Central Columbus with Plain City’s first luxury community — Jerome Village. 

Stillwell Jerome, a new, built-to-rent community within Jerome Village, is redefining luxury living. The community is currently leasing a total of 230 brand-new (and totally free-standing) 1, 2 and 3-bedroom homes in Plain City.

Tempe, Ariz. — Coastal Ridge has closed on a $130 million recapitalization for Nine20, a 775-bed student housing community located near the Arizona State University campus in Tempe. Through the transaction, Coastal Ridge will remain as owner of the property alongside Virtus Real Estate Capital. Previous, undisclosed investors in the property were bought out. Constructed in 2018, the community offers a mix of studio through five-bedroom units. Shared amenities include a resort-style swimming pool, two-story fitness center, poolside cabanas with hammocks, a grilling area, ‘muscle beach,’ outdoor green space and a private parking garage. TSB Capital Advisors acted as the exclusive financial advisor to Coastal Ridge on the transaction and helped to secure a $78 million loan from SMBC Bank.