Insights

Rehab Expertise North Bay Group LLC specializes in acquiring and substantially rehabilitating multifamily housing, with a track record of $27.9 million in rehab investments across over 1,213 units, signaling strong capability for value-add acquisitions and potential financing partnerships.

Financing Track The company has secured substantial financing for development and rehab projects, totaling $154 million across 9 acquisition/refi/rehab initiatives, indicating readiness for co-financing conversations, loan sourcing, and structured finance solutions.

Market Coverage Active portfolio across multiple Virginia markets (Virginia Beach, Hampton, Newport News, Charlottesville, Norfolk, Chesapeake, Suffolk) presents opportunities for regional expansion, asset repositioning, and cross-market deal sourcing.

Upscale Positioning Rehab efforts raised monthly rents by average $160 per unit, underscoring proven ability to deliver stabilized, higher-value properties that appeal to premium tenants and can support performance-based debt and equity proposals.

Growth Readiness Revenue in the mid-market range and a lean team (11-50 employees) suggests potential benefits from scalable partnerships, outsourcing of due diligence, asset management services, and technology-enabled deal execution to accelerate closings.

North Bay Group LLC Tech Stack

North Bay Group LLC uses 8 technology products and services including Bing Ads, Google Hosted Libraries, Section.io, and more. Explore North Bay Group LLC's tech stack below.

  • Bing Ads
    Advertising Networks
  • Google Hosted Libraries
    Content Delivery Network
  • Section.io
    Content Delivery Network
  • Google Workspace
    Email
  • jQuery
    Javascript Libraries
  • Boomerang
    Javascript Libraries
  • Google Tag Manager
    Tag Management
  • X-Content-Type-Options
    Web & Portal Technology

Media & News

North Bay Group LLC's Email Address Formats

North Bay Group LLC uses at least 1 format(s):
North Bay Group LLC Email FormatsExamplePercentage
FLast@northbaygroup.netJDoe@northbaygroup.net
100%

Frequently Asked Questions

Where is North Bay Group LLC's headquarters located?

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North Bay Group LLC's main headquarters is located at 341 Whiting Lane Virginia Beach, Virginia 23456 United States. The company has employees across 2 continents, including North AmericaEurope.

What is North Bay Group LLC's official website and social media links?

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North Bay Group LLC's official website is northbaygroup.net and has social profiles on LinkedIn.

What is North Bay Group LLC's NAICS code?

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North Bay Group LLC's NAICS code is 531 - Real Estate.

How many employees does North Bay Group LLC have currently?

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As of July 2026, North Bay Group LLC has approximately 11 employees across 2 continents, including North AmericaEurope. Key team members include President: L. G.Managing Director/Founder: R. K.Director Of Operations: L. B.. Explore North Bay Group LLC's employee directory with LeadIQ.

What industry does North Bay Group LLC belong to?

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North Bay Group LLC operates in the Real Estate industry.

What technology does North Bay Group LLC use?

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North Bay Group LLC's tech stack includes Bing AdsGoogle Hosted LibrariesSection.ioGoogle WorkspacejQueryBoomerangGoogle Tag ManagerX-Content-Type-Options.

What is North Bay Group LLC's email format?

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North Bay Group LLC's email format typically follows the pattern of FLast@northbaygroup.net. Find more North Bay Group LLC email formats with LeadIQ.

When was North Bay Group LLC founded?

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North Bay Group LLC was founded in 1998.
North Bay Group LLC logo

North Bay Group LLC

Real EstateVirginia, United States11-50 Employees

North Bay Group LLC operates as North Bay Properties, a real estate professional services firm headquartered in Virginia Beach, Virginia. Founded in 1998, the company focuses on acquiring and substantially rehabilitating multifamily housing to improve property quality and resident experience. It owns and/or manages more than 1,200 upscale apartments across Virginia markets including Virginia Beach, Hampton, Newport News, Charlottesville, Norfolk, Chesapeake, and Suffolk. In its development work, North Bay Group participates as a key member of rehabilitation and repositioning teams, handling acquisitions negotiations, feasibility studies, market analysis, rehab strategy development, and budgeting. Rehab projects have modernized properties and positioned them at the upper end of the rental market, with an average monthly rent increase of about $160 per unit after rehab.

Section iconCompany Overview

Headquarters
341 Whiting Lane Virginia Beach, Virginia 23456 United States
NAICS Code
531 - Real Estate
Founded
1998
Employees
11-50

Section iconMedia & News

Section iconFunding & Financials

  • $10M$25M

    North Bay Group LLC's revenue is estimated to be in the range of $10M$25M

Section iconFunding & Financials

  • $10M$25M

    North Bay Group LLC's revenue is estimated to be in the range of $10M$25M

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