Capital Square Lands Financing for Richmond Community
USAA Life Insurance Co. provided the loan for the property located in an Opportunity Zone.
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.