Richmond-Hampton Roads

Richmond. Photo by Alex Potemkin/iStockphoto.com

Richmond Multifamily Report – October 2023

Despite the general slowdown, rents are still up year-over-year.

Monticello Station Apartments is a 121-unit community in Norfolk, Va.

Bonaventure Pays $42M for Hampton Roads Asset

Completed in 2011, the property is part of a large mixed-use development.

Balfour Beatty to Build $240M Virginia Student Housing

The developer expects to deliver the community by fall 2025.

Millspring Commons Apartments

Railfield Realty Acquires Richmond Property

The asset previously traded in 2020 for $28.5 million.

Richmond. Photo by Kyle Little/iStockphoto.com

Richmond Multifamily Report – April 2023

Despite a mixed economy, market fundamentals remain healthy.

Generic image of a construction site

Middleburg Moves Forward With 310-Unit Richmond Project

The Resmark Cos. is also part of the venture.

Capital Square Restructures Investments in Virginia Luxury Apartments

A new REIT-style investment structure resulted in returns at 161 percent on original investment.

Chesdin Self Storage. Image courtesy of Yardi Matrix

Richmond Self Storage Changes Hands

Public Storage paid $4.5 million for the 331-unit property.