Brad and Michael Cooper Featured in Atlanta Agent’s Who’s Who of Real Estate
November 21, 2024Blue River Development (BRD) is celebrating a banner year in 2024, having successfully contracted over 30 new deals, expanded its operations and moved into a new office space. As the company looks ahead to 2025, BRD is primed for growth with over 20 deals set to close and a robust pipeline of 55 projects under negotiation or contract.
“2024 was a remarkable year for us, and it’s a testament to the hard work of our team and the trust of our investors,” said Brad Cooper, Co-CEO and Managing Principal of Blue River Development. “We’ve built incredible momentum, and with the market conditions and our team’s expertise, we are confident that 2025 will be a fantastic year.”
Success in 2024
BRD solidified its position as a leading land and lot origination firm, contracting 30 deals across key markets in the Southeast and Texas. The company’s rapid growth necessitated a move to a larger office space, reflecting its expansion and commitment to fostering collaboration among its team members.
What’s Ahead for 2025
For 2025, BRD has set a goal of closing 15 to 20 deals, with over 20 projects already set to close. The company has a healthy pipeline of 55 active deals in various due diligence and negotiation stages. In 2025, BRD will build on the momentum from 2024 that propelled it to scale up and grow its operational footprint.
“Our core focus has always been value-add land acquisition, and it will remain so in 2025,” said Geoffrey Reid, President of BRD. “We are here to serve homebuilders and help them fill their land pipelines. We remain laser-focused in the markets where we see the most potential.”
BRD operates in Atlanta, Nashville, Charlotte, Raleigh, Greenville/Spartanburg, Jacksonville, Orlando, Tampa, Huntsville and Texas.
Optimism and Investor Confidence
BRD attributes its sustained success to its dedicated team and strong investor relationships. The company’s core group of investors has experienced significant returns and has committed to reinvesting, further bolstering confidence in BRD’s future.
“We have built a solid team and a proven strategy that allows us to thrive,” said Michael Cooper, Co-CEO and Managing Principal of Blue River Development. “Our land deals will continue to be where we focus the bulk of our efforts moving forward.”
Positioned for a Strong 2025
With a clear focus on land acquisition and development, strategic market positioning and a proven team, Blue River Development is poised to make 2025 another successful year.
For more information about Blue River Development, visit www.BlueRiverDevelopment.com.
About Blue River Development, LLC
Blue River Development, LLC is a nationally recognized, industry-leading land sales and development team specializing in the Southeast. Its team has over 23 years of experience and has been involved in the origination, acquisition, development and disposition of nearly $3 billion in projects. Such projects are comprised of thousands of residential lots, multifamily units and retail developments. The firm’s success is driven by its ability to catalog, organize and analyze the most up-to-date market data, its integrity and accountability to clients and investors. For more information, visit www.BlueRiverDevelopment.com.
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