Assisted living-turned-apartment building in Carytown sells five years after redevelopment
The buyer was Lakeland Capital, which has spent more than $22 million on properties in Richmond since 2022.
Source: richmondbizsense.com
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Firm Acquires NC, VA Assets
Units at the properties total more than 450 residences. An N.J. firm acquired a pair of southeastern assets.
Source: multihousingnews.com
KeyBank Lends Conserve Holdings $29M to Buy Virginia Apartments
Conserve Holdings secured $28.5 million of acquisition financing from KeyBank for the purchase of a multifamily asset in Chesapeake, Va.
Source: commercialobserver.com
Newly built Chester apartments fetch $60M from mystery buyer
The eight-figure deal was the second in as many years for the development group led by current and former executives of homebuilder Schell Brothers.
Source: richmondbizsense.com
Group from Colliers strikes out on their own, forms Range Commercial Partners
A faction of industry veterans, including Joe Marchetti and Todd Willett, launched their new firm last week.
Source: richmondbizsense.com