ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Weller Management, a division of Weller Residential, a St. Petersburg, Florida-based real estate investment company, today announces the merger with Bridge Real Estate Group in Boca Raton, Florida. The combined company will operate under the Bridge Real Estate Group name, managing over 11,600 multi-family apartments and expanding the company’s footprint in major markets across Florida and the Southeast region. The leadership team will maintain their current offices across Florida, with the management headquarters and operations, including accounting, human resources and marketing departments, based in the Boca Raton office.
“The merger with Bridge Real Estate Group allows us to utilize our combined platforms to provide added services and resources to our existing clients, while also providing additional company benefits to attract new clients,” said George Quay, managing partner at Weller Residential. “While this merger positions us as more of a regional player, we are dedicated to ensuring it is seamless for all of our clients.”
The discussions between the two parties began in April, and the combined company now manages multi-family units in Alabama, Florida, Tennessee, North Carolina and Georgia. The company’s offerings include expertise in management services, with additional services spanning from condominium association management, construction, renovation, development, due diligence, acquisition and disposition services.
“All of us at Bridge Real Estate Group are excited about this merger with Weller Management,” said Ann Henderson at Bridge Real Estate Group. “This combination takes our management platform to a new level. Weller’s philosophy and culture mesh well with Bridge and we are confident the merger will bring value to our clients and our associates.”
This larger presence allows Bridge Real Estate Group to continue to invest in internal support areas such as training, operational efficiencies and marketing, which will enhance performance for all properties and clients.
The leadership team of Bridge Real Estate Group will continue to consist of Ann Henderson, Mike Oliveri, Billy Wilks and Lori Krull, overseeing the day-to-day affairs of the company.