Richmond-Hampton Roads

Bainbridge 3200, Suffolk, Va.

Coveted Suffolk, Va. Lands Upscale Community

The 228-unit Bainbridge 3200, situated in the heart of Suffolk’s Harbourview area, opened its first units in March and is expected to be completed by late summer.

CAPREIT Snags 978-Unit Virginia Apartment Portfolio

The major apartment owner and operator acquired a five-community apartment portfolio in the Richmond area, with plans to keep the units affordable.

Dominion Realty Partners Enters the Charlottesville Market

DRP’s newest development, Fifth Street Place, will be the newest apartment community in Charlottesville, Va., marking the company’s first project in the market.

Two Richmond Apartment Communities Command $14.22M

Time Equities acquired the communities, which included a total of 123 units.

Verena at Virginia Center

Chicago Investor Buys First Senior Housing Property in Richmond

Verena at Virginia Center, a 118-unit independent living community has recently traded hands and received acquisition financing.

S.L. Nusbaum Buys Virginia Beach Multifamily Asset for $24.7M

A Virginia Beach apartment community changed hands this month in a $24.7 million transaction. Harbor Group International sold the Bancroft Hall Apartments to S.L. Nusbaum.

Greystone Funds $6 Million Acquisition of Portsmouth M-F Complex

Greystone, a financial services and private investment group with headquarters in New York, announced this week it has closed on a $6 million Delegated Underwriting and Servicing loan from Fannie Mae. The loan will be used for the acquisition of Cedarfield at Churchland Apartments in Portsmouth, Virginia.