Richmond-Hampton Roads
Richmond Multifamily Report – April 2026
This market is a national leader for a key metric.
Passco Cos. Buys Hampton Roads Community
This is the first time the asset has changed hands.
Bonaventure Buys Virginia Beach Asset for $40M
The buyers plan to make value-add improvements to the property, which was built in the late 1980s.
AIP, Pointsfive Prep $132M Redevelopment in Richmond
The project is taking shape at the site of a Greyhound bus terminal.
Capital Square Completes 352-Unit Richmond Project
Chasen is the fifth Opportunity Zone development by the firm in the neighborhood.
McCann Realty Partners Acquires 336-Unit Virginia Community
Pegasus Residential will be the community’s new property manager.
Newbrook Acquires 2-Property Virginia Portfolio for $58M
The Norfolk, Va.-area communities came online in the 1990s.










