News

Multi-Housings News: Tom Bozzuto Facebook Chat Transcript

January 25, 2012

New York—Tom Bozzuto, CEO of The Bozzuto Group, a real estate firm based in Greenbelt, Md., participated in a live chat on Tuesday, January 24th, on the MHN Facebook page to answer readers’ questions.

Below is the transcript of the chat session.

Tom Bozzuto: Good morning, everyone. I’m happy to be here.

Question: Thanks for being on the cutting edge. Please spend a little time discussing how BMC [Bozzuto Management Company] is leveraging social media to extend your brand.

Bozzuto: We believe… Continue reading

Multifamily Executive: The New Old Money -- Pritzker Realty Group Rebuilding Apartment Portfolio

June 02, 2011

Additional joint-venture funds could be forthcoming from Chicago-based high net-worth investors.

With two joint-venture funds currently deploying equity into multifamily investments across the Eastern United States, Chicago-based Pritzker Realty Group could be adding similar JVs in the West as the company borne from the Pritzker family that founded Hyatt International in 1922 looks to rebuild its apartment portfolio after selling off the bulk of its multifamily assets between 2005 and 2007.

In the South, Pritzker… Continue reading

The Gazette: Talking With Steve Monroe: A Hall of Fame Career

May 06, 2011

There was Thomas S. Bozzuto, in larger-than-life images on the big video screens overlooking the ballroom, explaining to the large crowd how the Bozzuto Group of Greenbelt came to be so successful as a developer — and he became a Hall of Fame inductee.

"Early on I thought I wanted to correct all the ills of America's cities," Bozzuto said in his trademark deep voice, speaking of his years as a young man when he earned a master's in urban studies. "Then later I realized that developers… Continue reading

The Daily Record: Three Inducted into Maryland Business Hall of Fame

May 04, 2011

The Maryland Chamber of Commerce inducted three business executives from around the state into its Maryland Business Hall of Fame on Wednesday during the group’s annual membership meeting.

Joining the elite group of business leaders were R. Neal Black, president and CEO of Jos. A. Bank Clothiers Inc.; Thomas S. Bozzuto, chairman and CEO of The Bozzuto Group; and Maurice B. Tosé, chairman and CEO of TeleCommunication Systems Inc.

“This year’s inductees are exceptional business leaders… Continue reading

Multifamily Executive: Industry Shows Exuberance at NMHC, but is the Optimism Too Much?

January 20, 2011

The decidedly warm Southern California desert didn’t stand a chance against the hot prospecting and fevered optimism felt by apartment industry executives who swarmed the La Quinta Resort & Spa in Palm Springs this week at the National Multi Housing Council’s jointly held Apartment Strategies Conference and Annual Meeting. But the more than 1,500 attendees should heed warning: The excitement can’t cover up continuing challenges.

Buoyed by dream demographics and a strong case for pent-up… Continue reading

GlobeSt.com: Peeling Away the Layers of the Recovery

January 19, 2011

PALM SPRINGS, CA-The demise of the homeownership dream is potentially the best thing to happen to multifamily last year. After all, every percentage point drop in the homeownership rate means another million households moved over to the rental pool. This is setting up the market for a very good few years, concurred the participants in a session focusing on submarkets across the country during the National Multi Housing Council’s Apartment Strategies Conference, which took place here yesterday. 

But… Continue reading

Multifamily Executive: 8 Ways to Build a Best-in-Class Multifamily Training Program

November 11, 2010

Last month, the Bascom Group hit a major milestone: It trained its 100th real estate intern, an accomplishment that began in 1996 when the Irvine, Calif.-based multifamily firm brought on its first intern (and third employee!) to help grow the firm.

“There were no altruistic intentions in the beginning,” recalls Bascom co-founder Jerry Fink. “Bascom was a startup company and had limited funds. The hiring of our first intern immediately increased productivity, expanded operations,… Continue reading

C-SPAN: Tom Bozzuto Moderates 2010 ULI Fall Meeting's General Session

October 13, 2010

Click here to watch video of Bozzuto CEO Tom Bozzuto moderating the 2010 ULI Fall Meeting General Session with the following panelists:

• The Honorable Henry Cisneros, Former Secretary, U.S. Department of Housing and Urban Development
• Bart Harvey, Former Chairman and Chief Executive Officer, Enterprise Community Partners
• The Honorable Steve Preston, Former Secretary, U.S. Department of Housing and Urban Development
• J. Ronald Terwilliger, Chairman Emeritus, Trammell Crow Residential

Washington Post: In Forming Joint Venture, Bozzuto Shows He's Bullish on Apartments

August 02, 2010

Is Tom Bozzuto betting against the housing market?  His Bozzuto Group, based in Greenbelt, announced last week the formation of its newest fund, a $75 million joint venture with Chicago-based Pritzker Realty Group, which will allow the company to acquire or develop hundreds of apartments in the mid-Atlantic region, particularly in the Washington area.

Bozzuto, the company's chief executive, plans to focus mainly on development of new homes, filling a gap in production with new units as early as 2013… Continue reading

Multifamily Executive Magazine: Tom Bozzuto Offers Lessons for Recession Survival

April 15, 2010

The chairman of The Bozzuto Group, who has 40 years of real estate experience, suggests being honest with yourself, choosing partners carefully, and keeping up your investments.

Ask Tom Bozzuto, and he’ll simply say he’s a born optimist.

But the chairman of Greenbelt, Md.-based The Bozzuto Group, is also a real estate veteran, with 40 years of experience under his belt. So the recession survival guide he offered a group of apartment finance professionals this week at the 2010 Apartment Finance Today… Continue reading