Richmond-Hampton Roads

INK. Image courtesy of Capital Square

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.