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Apartments, Condos, and a Marina Too! (Bay Bridge Marina)

Small sailboats in a Ravenna harbor


Overview

Services Offered
  • Project Opportunity Analysis

Petrie Ventures is a developer in the Mid-Atlantic region with a reputation for creating successful retail projects and exciting mixed-use centers.

Objective

Petrie Ventures needed an independent 3rd party assessment to obtain financing for redevelopment of an underutilized commercial property and marina on the Chesapeake Bay (Bay Bridge Marina).

Approach and Solution

  • We completed a market feasibility for three separate uses of luxury apartments, condominiums, and refurbishments/upgrades to an existing marina (Bay Bridge Marina).

 

  • We assessed residential market demand, regional demographics, and even the potential lease-up of boat slips for Bay Bridge Marina.

Impact

We helped Petrie Ventures articulate luxury residential demand to finance partners in a market where no luxury communities currently exist. We also helped the Client make informed investment decisions in the upgrade of the marina and boat slips.

Featured Consultants

Jeff Kottmeier
Senior Vice President, Consulting
Jeff provides strategic insight and advice for housing throughout the Mid-Atlantic and Northeast with a special emphasis on rental housing.
Lesley Deutch photo
Lesley Deutch
Managing Principal
Lesley has more than 25 years of experience consulting with executives in the finance and real estate industries throughout North America. She works across a wide spectrum of industries including apartments, for-sale housing, high-rise development, urban projects, single-family rental, building products, and commercial developments.

Case studies

Project Opportunity Analysis for Raleigh New Home Community
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Financial and Demographic Analysis for Freedom, a Future Active-Adult Community
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Build-to-Rent First Look Study in Chattanooga, TN
Rental Community Analysis Logan Homes
Project Opportunity Analysis for Rental Community in North Carolina
Asset Valuation in Northern California
Asset Valuation in Northern California
Minneapolis - Summer Cityscape
Build-to-Rent Strategy in Minneapolis, MN
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Apartment Acquisition in Austin, TX
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Project Opportunity Analysis for The Park at Three Point
JBREC Case Study Denver
Project Opportunity Analysis for Suburban Denver Neighborhood
Build-to-Rent Strategy for Southeast Market
Project Opportunity Analysis for Raleigh New Home Community
Couple and adult daughter playing pickleball
Financial and Demographic Analysis for Freedom, a Future Active-Adult Community
New home construction against blue sky
Build-to-Rent First Look Study in Chattanooga, TN

Consulting Services

Real Estate Consulting

Home Building, Land Development, Build-to-Rent, Single-Family Rental, Apartments, Mixed-Use

Our experienced team of consultants thrives on helping our clients make great investment decisions. We will be an extension of your team, helping develop the right strategy for your next project. 

capabilities

Building Products Consulting

Structural Building Materials, Interior Fixtures, Prefab Construction, Commercial Construction

Our team is comprised of industry experts with diverse sector and functional experience. We partner across organizations to provide custom consulting reports to aid organic and inorganic investment decisions, strategic planning, and marketing

Capabilities

Contact us to maximize your opportunities in the housing market.

If you have any questions about our services or would like to speak to one of our experts about how we can help your business, please contact Client Relations at clientservices@jbrec.com.