Richmond-Hampton Roads

Richmond Multifamily Report – October 2022

The Mid-Atlantic market continued to mirror national trends into the third quarter.

Fairfield Pays $26M for Richmond Affordable Asset

The age-restricted community is part of the LIHTC program.

200 Freeman Drive. Image courtesy of Bonaventure

Bonaventure Acquires Virginia Luxury Communities

The luxury communities are located near the center of growing Hampton Roads market.

INK. Image courtesy of Capital Square

Capital Square Lands Financing for Richmond Community

USAA Life Insurance Co. provided the loan for the property located in an Opportunity Zone.

Richmond Multifamily Report – April 2022

Following a record 2021, rates continued to grow despite a solid pipeline.

Crescent Communities, ParkProperty Capital Plan 1st Richmond Project

The companies have teamed up with Thalhimer Realty Partners to develop the 275-unit community.

Hamilton Zanze Sells Richmond Community for $50M

The property underwent interior and exterior renovations under the company’s ownership.

Bonaventure Acquires Stake in Virginia Multifamily

The firm partnered with SNP for ownership interest in a Richmond property.

Cleghorn Capital Buys $24M Newport News Community

The property last changed ownership in 2019.

Templeton Sells NC, VA Portfolio for $61M

MRKT Capital bought the 472 units located in three communities.