Richmond-Hampton Roads
Richmond Assets Trade for $6M
Marcus & Millichap brokered the sale of The Park at Forest Hill and Chateau de Ville, two properties totaling 119 units. The communities are located within a three-minute drive of each other.
Richmond Development Scores $40M Construction Loan
Berkadia arranged the financing on behalf of the developer, HHHunt Corp. First units will be available for occupancy by summer of 2018, and the community will be completed next summer.
PAC Buys Recently Built Virginia Community
The company purchased Founders Village, a 247-unit community in Williamsburg, Va., and financed the acquisition using a portion of the proceeds from a 1031 exchange sale.
Dan Frink Joins Greystone’s FHA Lending Team
The company’s new managing director brings two decades of industry experience, having served D3G for the past 20 years.
Berkadia Lines Up $34M Refi for Richmond Asset
The firm worked on behalf of Stone Creek Apartments to arrange a HUD loan for the 264-unit property.
Princeton Enterprises Nabs Richmond-Area Community
Webster Court in Petersburg traded for roughly $18,750 per unit.
D3G Announces Updated Leadership Team
The company shuffled top positions with several high-profile recruitments and promotions.
Oliver Properties to Deliver 50-Unit Community in Richmond
The $10 million Museum District development is slated for completion by mid-2017.
AIG Global Taps Franklin Johnston to Manage 11 Properties
The Virginia and North Carolina properties add 1,174 units to Franklin’s management portfolio.