Richmond-Hampton Roads

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.

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.