
Blue Sky Communities
11–50 employees 17 principals
Last updated by Zailyn
About Blue Sky Communities
Blue Sky Communities is a real estate operator. Blue Sky Communities operates in Cape Coral-Fort Myers, Florida, Jacksonville, Florida and Lakeland-Winter Haven, Florida. Its investment focus is on Affordable Housing, LIHTC and Multifamily - Ground-up.
Blue Sky Communities is a Florida-based real estate development firm founded in 2012. Over the course of its operation, the company has developed 30 communities and housed over 3,000 families. Blue Sky has closed more than US $800 million in private and public financing to support its projects. The firm specializes in workforce housing—that is, affordable residential developments for families, seniors, veterans, and people with special needs. It uses public funding tools such as 9% and 4% Low Income Housing Tax Credits, and Tax-Exempt Bonds in its financing structures. All of its developments are located in Florida. Its properties are managed in-house via its affiliate Carteret Management, which was established in 1971.
Principals at Blue Sky Communities
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