Richmond-Hampton Roads

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.

Bonaventure Private REIT Acquires 3 Properties

The deal includes the company’s first Florida asset.

S.L. Nusbaum Begins Construction on Virginia Asset

Fall 2023 is the anticipated completion date for the first units at the project.

Bainbridge Midlothian. Bainbridge Midlothian. Image courtesy of The Bainbridge Cos.

Bainbridge Cos. Breaks Ground on Richmond Luxury Asset

Delivery is expected in the summer of 2024.

Richmond Multifamily Report – October 2022

The Mid-Atlantic market continued to mirror national trends into the third quarter.

Fairfield Pays $26M for Richmond Affordable Asset

The age-restricted community is part of the LIHTC program.

200 Freeman Drive. Image courtesy of Bonaventure

Bonaventure Acquires Virginia Luxury Communities

The luxury communities are located near the center of growing Hampton Roads market.