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Danville apartment complex sells for $7.85M
100-unit Turnpike Townhomes is on Franklin Turnpike
Danville Investors LLC sold the 100-unit Turnpike Townhomes for $7.85 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Turnpike Townhome Apartments LLC purchased the apartments at 1300
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Hampton Roads multifamily portfolio sells for undisclosed amount
Acquisition includes 856 units
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In early April, New Jersey-based Brentwood Investment Group and Greencove Capital Group closed a deal to acquire a multifamily portfolio that includes 856-units for an undisclosed amount. The deal included
Winchester apartments sell for $4.5M
Fairmont Holdings LLC buys WinLee Apartments
Published
WinLee Apartments, a 41-unit multifamily property in Winchester, has been purchased as an investment by Fairmont Holdings LLC for $4.5 million. Located at 320-350 Fairmont Ave. and 131-165 Peyton St.,
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Chesapeake senior community acquired for $57.75M
Standard Communities buys Chesapeake Crossing
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Chesapeake Crossing, a 597-unit mixed-income senior housing community in Chesapeake, has been purchased by Los Angeles-based Standard Communities, the affordable housing division of Standard Companies. According to Wink Ewing, managing
Construction to start in May on $66M Pinnacle apartments in Va. Beach
Breeden Co. Oceanfront project will feature 240 luxury apartments
Published
Virginia Beach-based Breeden Co. has scheduled a May 7 groundbreaking date for The Pinnacle, its upcoming $66 million luxury apartment complex at the Oceanfront. Located at 521 31st St., The
Aging office parks embrace multifamily
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A weekday lunch hour is relatively quiet on the grounds of the Boulders office park, south of Richmond, except for a few people chatting during a walk around a lake
Construction begins on residential towers in National Landing
JBG Smith build near Amazon HQ2 in Arlington will have 808 apartments
Published
Developer JBG Smith announced Friday that it has begun construction on two residential towers at 1900 Crystal Drive in National Landing. The development will include 808 apartments and approximately 40,000
Capital Square buys Chesapeake apartment complex for $67.25M
Streets of Greenbrier acquired for investment offering
Published
Henrico County-based real estate investment company Capital Square has acquired Streets of Greenbrier apartments in Chesapeake for $67.25 million. Located at 929 Wintercress Way, the 280-unit multifamily community sits on
Norfolk apartments sell for $1.96M
Northern Va. investment group buys Princess Court Apartments
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A Northern Virginia-based investment group has purchased the 30-unit Princess Court Apartments in Norfolk for $1.96 million, Cushman & Wakefield | Thalhimer announced on March 23. Located at 3724, 3800
Breeden buys $3.5M Newport News site for apartments
5-acre parcel located in Huntington Pointe development
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Breeden Investment Properties Inc. purchased a 5.06-acre land parcel to build a 176-unit apartment complex in the 200-acre Huntington Pointe residential development. The Virginia Beach-based commercial real estate development company