Richmond-Hampton Roads

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.