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Capital Square buys Chesapeake apartment complex for $67.25M
Streets of Greenbrier acquired for investment offering
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Henrico County-based real estate investment company Capital Square has acquired Streets of Greenbrier apartments in Chesapeake for $67.25 million. Located at 929 Wintercress Way, the 280-unit multifamily community sits on
Norfolk apartments sell for $1.96M
Northern Va. investment group buys Princess Court Apartments
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A Northern Virginia-based investment group has purchased the 30-unit Princess Court Apartments in Norfolk for $1.96 million, Cushman & Wakefield | Thalhimer announced on March 23. Located at 3724, 3800
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Breeden buys $3.5M Newport News site for apartments
5-acre parcel located in Huntington Pointe development
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Breeden Investment Properties Inc. purchased a 5.06-acre land parcel to build a 176-unit apartment complex in the 200-acre Huntington Pointe residential development. The Virginia Beach-based commercial real estate development company
Portsmouth apartment property sells for $1M
Doud Realty Services has bought the Edison Apartments
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Portsmouth property management company Doud Realty Services Inc. has purchased the Edison Apartments in Portsmouth for $1 million as part of a 1031 tax-deferred exchange. The 16-unit multifamily property is
Petersburg apartments sell for $2.9M
53-unit Landmark Apartments are Section 8 affordable housing
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Landmark Apartments, a 53-unit affordable housing property in Petersburg, has been purchased by Mercer Street Partners for $2.867 million. Landmark, located at 450 Van Buren Drive, was originally developed in
350-unit apartment complex coming to Richmond’s Scott’s Addition
Capital Square, Greystar to develop property, plus retail space
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A 350-unit mixed-use apartment building is coming to Richmond’s Scott’s Addition neighborhood by late 2022 or early 2023, Glen Allen-based real estate investment company Capital Square and Charleston, South Carolina-based
Governor’s Inn in Williamsburg sells for $3.05M
Built in 1964, hotel closed permanently in 2019
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The Governor’s Inn, a former 200-room hotel in Colonial Williamsburg, sold for $3.05 million, Cushman & Wakefield | Thalhimer announced last week. Charlottesville-based real estate investment company Castle Development Partners
Calif.-based company buys Sterling apartment complex for $27.15M
Cascades Village includes 150 units
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An affordable housing complex for seniors in Sterling has sold for $27.15 million, Irvine, California-based Avanath Capital Management announced late last week. Avanath acquired the 150-unit Cascades Village located at
Construction begins on $20M Norfolk apartment complex
Ashton Apartment Homes to be built on former American Cigar Co. site
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Construction began late last week on a $20 million apartment complex at the site of the former American Cigar Co. in Norfolk, according to S.L. Nusbaum Realty Co. The 118-unit
Manchester apartment complex sells for $11.4M
Perry Place Apartments sells to Fulton Street Partners
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An apartment complex in Richmond’s Manchester neighborhood sold for $11.4 million, CBRE announced Tuesday. The 70-unit, 61,614-square-foot apartment complex is located at 815 Perry St. Glen Allen-based real estate investment