- CEO
- Bruce F. Beaty
- Full Time Employees
- 17
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Address
- 5 Blue Ridge Court Blakeslee PA United States of America 18610
- IPO Date
- Dec 2, 2013
- Business
- Blue Ridge Real Estate Company engages in real estate development and land sales, operating through three primary segments: Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. The Resort Operations segment manages amenities including Boulder View Tavern, Boulder Lake Club, Jack Frost National Golf Course, and the Stretch fishing club, primarily in the Pocono Mountains region of Eastern Pennsylvania. The Real Estate Management/Rental Operations segment owns investment properties leased to third parties, provides services to trusts operating resort residential communities, and rents signboards. The Land Resource Management segment involves land sales and purchases, timbering operations, real estate development, and leasing of land and land improvements. The company holds significant land assets in the Pocono Mountains. Founded in 1820 and headquartered in Blakeslee, Pennsylvania, Blue Ridge Real Estate Company operates mainly in Eastern Pennsylvania and is a subsidiary of KRSX Merge LLC.
Recent major company developments include strategic operational consolidation with the relocation of apartment management portfolios in partnership with Willow Bridge Property Company, effective May 2025. Additionally, Blue Ridge Capital Fund, an affiliated investment entity, acquired the Villages on Main, a medical office property in Holly Springs, North Carolina, for $12.3 million in October 2024, with leases secured from prominent tenants adding to its portfolio growth. This acquisition aligns with the fund's focus on high-demand medical and commercial real estate markets. Blue Ridge Real Estate Company maintains a focus on both resort and land resource management sectors while expanding its presence in strategic real estate investments and development activities.