REAL ESTATE
DEVELOP, DESIGN, BUILD, OPERATE
OUR COMPANIES
STRAZZELLA HOLDING COMPANY
We specialize in all phases and complexities of real estate investments with particular focus on site acquisition, site planning, design, project management, construction and asset management. Strazzella Holding Company, directly or through its subsidiaries, actively and passively invests in general partnership level real estate projects specializing in housing in all of its forms including multifamily apartments, build-for-rent (BFR) single family communities, mixed use and for-sale homes.
RITMO PROPERTIES
Ritmo Properties is a wholly owned subsidiary of Strazzella Holding Company. Ritmo develops, builds and oversees purpose built single family homes for rent in economic secondary cities in the United States. We specialize in finding opportunities in markets across the U.S. that have been historically under supplied in rental housing, but exhibit strong growth metrics that translate into increased demand for apartments or BFR. We typically joint venture on many of these opportunities with development partners or landowners, as illustrated with our ongoing relationship with M4 Development.
RENOVATION & HOME BUILDING
SHC has been committed to rehabilitating and investing in the urban built environment in Washington DC and its surrounding communities. These roots continue today with selective project rehabilitation of uninhabitable houses, where the partners bring their specific design and development experience to renovate these existing structures into state of the art homes, typically for sale.
ABOUT
Steve & Christy Strazzella have collectively been involved in the residential and commercial real estate markets since 1989 performing their own development, design and general contracting services on single family homes, townhouses, and multifamily apartment buildings. Steve has managed more than $2 billion in real estate construction and development projects for some of the largest firms in the country. He is a Past President of the Washington Real Estate Group, a former member of the Urban Land Institute, and a former member of the Board of Directors for the District of Columbia Building Industry Association. Additionally, Mr. Strazzella served as Chairman of the Board for a large non-profit hospital in Washington D.C.
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Most recently he served as president and partner with the Bozzuto Development Company and Bozzuto Homes Inc, where he ran the development of over 15,000 apartments and homes in the major metropolitan markets on the U.S. East Coast. Christy has been involved in the renovation, construction and property management of residential properties since 1996. She is primarily responsible for conceptual planning, project design, and subcontractor/labor management for the company’s properties.
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The Company started by making a commitment to investing in urban-built environments, specifically in the stabilized and revitalized areas of the District of Columbia. Since its inception, Ritmo has evolved to making investments (both passive and active) outside of the urban core into assets that serve the middle-income brackets of markets around the U.S.
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2001
1000+
$225M
Year Established
Homes Built
In Investments
RITMO Properties, LLC is wholly owned by Strazzella Holding Company LLC and is an investor, developer, builder and operator of commercial rental apartments and build-for-rent communities in the Mid-Atlantic, Southeast, and Mid-West regions of the U.S.
OVERVIEW
The Cottages
The Cottages are purpose-built, single-family luxury rental communities set in an amenity-rich neighborhood and overseen by a professional, onsite management company.
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Each community consists of one-, two- and sometimes three-bedroom rental homes designed with sidewalks, drive-up parking, select garages and ‘Class A’ amenities. These amenities include a clubhouse, large central park, a fitness center, a resort-style pool, an outdoor kitchen and pet parks. Every rental home is designed with front and rear porches, nine-foot ceilings, hard-surface floors, as well as modern kitchens and bathrooms.
The Ritmo Joint Venture Team
Ritmo Properties, (a Strazzella Holding Company managed by Steve Strazzella) and M4 Development (Jonathan & Joe Meyers) teamed up in 2019 to develop, build and operate rental housing communities in historically under-supplied markets across the U.S. The Meyers-Strazzella relationship dates back to 1995 when the members worked together at one of the largest real estate & construction companies in the country. The sponsors each have specific homebuilding, commercial development and apartment operation experience, making the joint venture uniquely qualified to successfully execute build-for-rent housing. In their current roles - Jonathan, Joe and Steve - respectively oversee the development, construction and asset-management/business strategy of the various cottage apartment communities. The sponsors have collectively managed and overseen more than $3.0 billion dollars of real estate since 1989 on behalf of themselves or their previous companies. The sponsors employ thorough analysis of prospective projects by utilizing their extensive knowledge and background in development and construction, which translates into success for the projects they pursue.
RESIDENTIAL REMODELING
Get in Touch
If you wish to inquire about investing in our projects or communities, or if you have joint venture opportunities to discuss with us, please submit a detailed inquiry and fill out the information requested below