Richmond-Hampton Roads
Richmond Multifamily on Firm Footing
Breeden Property Management Vice President Barry Tomlin highlights the strengths of the metro’s multifamily market, zeroing in on key trends and strategies.
Harbor Group International Acquires Portfolio for $306M
The communities comprise more than 2,300 units in North Carolina and Virginia.
Bluestone, Brentwood Pay $75M for Virginia Senior Housing
The new owners will implement a multimillion dollar capital improvement plan on the 950-unit property in Richmond.
CAPREIT Acquires Virginia Portfolio for $167M
The four properties span more than 1,000 units in the Richmond-Hampton Roads market.
Virginia Senior Housing Project Breaks Ground
Watercrest Senior Living Group and Harbert Seniors Housing Fund II have started work on the 98-unit luxury community outside of Richmond.
Greystone Arranges $95M Financing for Multifamily Trio
The Freddie Mac loans will refinance two Class B communities along the East Coast and one in the Midwest.
Allied Orion to Manage 3 Military, Corporate Housing Properties
Totaling some 800 units, The Accend Cos.’ buildings are situated in San Antonio, Tampa, Fla., and Norfolk, Va.
Mixed-Income Communities Open in Richmond’s Jackson Ward
The $30 million second phase of the revitalization project has 154 units designated for seniors and workforce housing.
Richmond Multifamily Report – Fall 2020
While transaction activity nearly halted, rents continued to improve, outperforming the U.S average.
Balancing Business Needs With Safety Requirements
More than seven months into the pandemic, Dodson Property Management’s Duke Dodson and Sarah Fehr discuss the Richmond, Va., multifamily market.