BulMac Properties

Based in Virginia Beach, BulMac Properties is a real estate investment partnership focused on small to moderate-sized multifamily apartment buildings and complexes. It seeks properties with 10 to 150 units, particularly underperforming buildings or those needing repairs, renovation, or improved management. Its acquisition focus includes Hampton Roads, with particular interest in Norfolk's Ocean View and Ghent areas. After purchasing a property, the company evaluates its structure and systems, carries out needed rehabilitation, then transitions it to its management department for ongoing rental property management. BulMac also holds rental properties in Pennsylvania, New York, and Virginia. The company describes its approach as a long-term process that includes both property acquisition and management, rather than only buying and selling.