Richmond-Hampton Roads

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.

Cohen Investment Group Buys $59M Self Storage Asset

The Virginia Beach property’s price increased threefold since it last traded.

Blackfin, GMF Capital Sell Virginia Community for $99M

The sale marks a record for its market.

Marathon Development Lands $56M Loan for Virginia Project

The HUD 221(d)(4) financing will fund construction of 273 units in downtown Norfolk.

Richmond Multifamily Report – Fall 2021

Despite record levels of development, fundamentals are holding strong, at least for now.

Latest Stories

Digital Edition Archive