About Coastal Ridge

Columbus-based Coastal Ridge Real Estate plans more than $1 billion in acquisitions this year.

The firm, which started as a property management company in Columbus in 2013, has expanded into new markets and segments in recent years.

Jeremy Gorsky, managing director of investor relations, said the firm now has three divisions: investment management; third-party property management; and development, which started in 2021.

Build-to-rent homes have arrived in Central Columbus with Plain City’s first luxury community — Jerome Village. 

Stillwell Jerome, a new, built-to-rent community within Jerome Village, is redefining luxury living. The community is currently leasing a total of 230 brand-new (and totally free-standing) 1, 2 and 3-bedroom homes in Plain City.

Tempe, Ariz. — Coastal Ridge has closed on a $130 million recapitalization for Nine20, a 775-bed student housing community located near the Arizona State University campus in Tempe. Through the transaction, Coastal Ridge will remain as owner of the property alongside Virtus Real Estate Capital. Previous, undisclosed investors in the property were bought out. Constructed in 2018, the community offers a mix of studio through five-bedroom units. Shared amenities include a resort-style swimming pool, two-story fitness center, poolside cabanas with hammocks, a grilling area, ‘muscle beach,’ outdoor green space and a private parking garage. TSB Capital Advisors acted as the exclusive financial advisor to Coastal Ridge on the transaction and helped to secure a $78 million loan from SMBC Bank.

A Columbus-based real estate investment and property management firm has hired a new vice president of investor relations.

Ellie Martin joins Coastal Ridge Real Estate from Jones Street Investment. She also held investor relations roles at both TA Realty and Bain Capital Ventures.

A Columbus-based real estate investment and property management firm has appointed a new executive.

Coastal Ridge Real Estate hired Mark Yale as its new chief financial officer, the company announced Wednesday. Prior to joining Coastal Ridge, Yale was executive vice president and CFO of Washington Prime Group, a retail real estate operator headquartered in Columbus. Yale joined Washington Prime following the company's January 2015 acquisition of Glimcher Realty Trust.

A Columbus developer is planning to build 230 homes to be rented out, in what is expected to be the largest "build-to-rent" development of single-family homes in central Ohio.

The company, Coastal Ridge Real Estate, plans to build the homes in the high-end Jerome Village neighborhood in Union County, suggesting that demand for rental homes is economically widespread.

Columbus, Ohio, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Columbus, Ohio – Coastal Ridge Real Estate (“Coastal Ridge”) a national multifamily investment, management, and development firm, announced today that they are continuing the expansion of their Stillwell brand with a new project in Central Ohio. The firm will build 230 build-for-rent (“BFR”) homes at Jerome Village, a master-planned community developed by Nationwide Realty Investors.

Austin, TX, June 16, 2022 (GLOBE NEWSWIRE) -- Coastal Ridge Real Estate (“Coastal Ridge”) a national multifamily investment, management, and development firm, announced today that they are continuing the expansion of their Stillwell brand with a new project in Round Rock, Texas. The firm will build 225 build-for-rent (“BFR”) units within the larger 1,200-acre mixed-use Avery Centre planned unit development.

Coastal Ridge Real Estate (“Coastal Ridge”) and Goldman Sachs Asset Management’s Real Estate team (“Goldman Sachs”) announced today that they have closed on their acquisition of the Commons at Sawmill, a 448-bed student housing community serving students at Northern Arizona University. Coastal Ridge currently manages over 23,000 student housing beds throughout the country.

Coastal Ridge Real Estate, a multifamily real estate investment, and management firm, has broken ground on its first build-for-rent development project, Stillwell at Wellen Park.

Columbus Business First has been recognizing the region’s Best Places to Work for close to two decades, and this year we're also acknowledging commendable work by the people who help create successful workplace cultures with our inaugural HR Impact Awards.

We list Central Ohio's largest commercial property management companies, ranked by total square feet of commercial properties managed in Delaware, Fairfield, Franklin, Licking, Madison, Pickaway and Union counties.