Multifamily news in Richmond
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Capital Square Tops Out Virginia Community
The 80-unit property in Richmond is expected to be completed in January 2022.
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Work to Begin on Hampton Roads Redevelopment Project
Breeden Construction will be the general contractor for the first two phases of the 520-unit mixed-income community in Newport News, Va.
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The Dolben Co. Sells Virginia Asset for $46M
Berkadia represented both the seller and the buyer in the deal for the Williamsburg community.
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Richmond Multifamily Report – Spring 2021
On the heels of a very strong 2020, the metro's multifamily market has continued to outperform despite economic woes.
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Richmond-Area Property Gets New Owners
Capital Square Apartment REIT has acquired a newly completed Class A community in Midlothian, Va.
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Richmond Multifamily on Firm Footing
Breeden Property Management Vice President Barry Tomlin highlights the strengths of the metro’s multifamily market, zeroing in on key trends and strategies.
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Harbor Group International Acquires Portfolio for $306M
The communities comprise more than 2,300 units in North Carolina and Virginia.
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Bluestone, Brentwood Pay $75M for Virginia Senior Housing
The new owners will implement a multimillion dollar capital improvement plan on the 950-unit property in Richmond.
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CAPREIT Acquires Virginia Portfolio for $167M
The four properties span more than 1,000 units in the Richmond-Hampton Roads market.
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Virginia Senior Housing Project Breaks Ground
Watercrest Senior Living Group and Harbert Seniors Housing Fund II have started work on the 98-unit luxury community outside of Richmond.
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Greystone Arranges $95M Financing for Multifamily Trio
The Freddie Mac loans will refinance two Class B communities along the East Coast and one in the Midwest.
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Allied Orion to Manage 3 Military, Corporate Housing Properties
Totaling some 800 units, The Accend Cos.’ buildings are situated in San Antonio, Tampa, Fla., and Norfolk, Va.
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Mixed-Income Communities Open in Richmond’s Jackson Ward
The $30 million second phase of the revitalization project has 154 units designated for seniors and workforce housing.
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Richmond Multifamily Report – Fall 2020
While transaction activity nearly halted, rents continued to improve, outperforming the U.S average.
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Balancing Business Needs With Safety Requirements
More than seven months into the pandemic, Dodson Property Management’s Duke Dodson and Sarah Fehr discuss the Richmond, Va., multifamily market.