Blue Sky Communities

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

Recent activity at Blue Sky Communities

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Blue Sky Communities's project portfolio

17 projects on file · Multifamily (17)

Markets and themes

Markets Blue Sky Communities operates in

• Cape Coral-Fort Myers, Florida
• Jacksonville, Florida
• Lakeland-Winter Haven, Florida
• North Port-Sarasota-Bradenton, Florida
• Orlando, Florida
• Tampa - St. Petersburg, Florida

Investment themes at Blue Sky Communities

• Affordable Housing
• LIHTC
• Multifamily - Ground-up
• Senior Housing
• Workforce Housing

Capabilities

• Construction Management
• Economic Development
• RETCON Attendee
• Site Development
• Sustainability
• Transit-oriented development

Operators similar to Blue Sky Communities

• Fogelman Properties
  Established tierCape Coral-Fort Myers, FloridaOrlando, Florida+3 more marketsSenior HousingAffordable Housing+2 more themes
• Johnson Development Associates
  Established tierCape Coral-Fort Myers, FloridaJacksonville, Florida+3 more marketsMultifamily - Ground-upWorkforce Housing
• Boos Development
  Established tierCape Coral-Fort Myers, FloridaOrlando, Florida+4 more marketsMultifamily - Ground-up
• Barclay Group
  Established tierOrlando, FloridaNorth Port-Sarasota-Bradenton, Florida+2 more marketsAffordable HousingMultifamily - Ground-up
• Denton Floyd Real Estate Group
  Established tierJacksonville, FloridaSenior HousingAffordable Housing+3 more themes
• The Ferber Company
  Established tierCape Coral-Fort Myers, FloridaOrlando, Florida+4 more markets
• Pensam Capital
  Established tierCape Coral-Fort Myers, FloridaOrlando, Florida+2 more marketsMultifamily - Ground-upWorkforce Housing
• Westmount Realty Capital
  Established tierJacksonville, FloridaOrlando, Florida+1 more marketWorkforce HousingAffordable Housing+1 more theme
• The Garrett Companies
  Established tierCape Coral-Fort Myers, FloridaOrlando, Florida+2 more marketsAffordable HousingMultifamily - Ground-up
• Blackfin Real Estate Investors
  Established tierOrlando, FloridaTampa - St. Petersburg, FloridaWorkforce HousingLIHTC+2 more themes

Frequently asked questions about Blue Sky Communities

What does Blue Sky Communities do?

Blue Sky Communities is a Florida-based real estate development firm founded in 2012.

What markets does Blue Sky Communities operate in?

Blue Sky Communities is active in Cape Coral-Fort Myers, Florida, Jacksonville, Florida, Lakeland-Winter Haven, Florida, North Port-Sarasota-Bradenton, Florida, Orlando, Florida, and Tampa - St. Petersburg, Florida.

How many employees does Blue Sky Communities have?

Blue Sky Communities has 11–50 employees.