City: Virginia Beach

Bonaventure has paid $39.5 million, or $189,904/unit, for the 208-unit Royal Pointe Apartments in Virginia Beach, Va. The Alexandria, Va., investment manager purchased the 39-year-old property through its Bonaventure Multifamily Income Trust, a five-year-old open-ended fund that's structured as a ...

Commercial Real Estate Direct Staff Report AH Realty Trust, the former Armada Hoffler Properties Inc., has struck a deal to sell 11 of its 14 apartment properties in Virginia, Maryland, Georgia, and North Carolina for $562 million in cash to ...

Yale Realty Services Corp. has paid $97.61 million, or $239.66/sf, for the 407,261-square-foot Landstown Commons shopping center in Virginia Beach, Va. The White Plains, N.Y., investor will pay an additional $3 million when a lease with Skechers for just more ...

MonticelloAM has provided $37.85 million of bridge financing against the 240-unit Bayville Apartments in Virginia Beach, Va. The bridge loan was arranged by JLL. The Bayville apartment property, formerly Waypoint at Bayville, is at 1512 Kindly Lane, near Lake Smith ...

Briar Capital Management has paid $102 million, or $227,678/unit, for the 448-unit Latitudes Apartments in Virginia Beach, Va. The New York investment manager bought the property from Heritage Capital Group of Jacksonville, Fla., which purchased it from Brookfield Asset Management ...

Commercial Real Estate Direct Staff Report Bank of America has provided $51.5 million of mortgage financing against the Castleton Commerce Center, a self-storage and industrial property in Virginia Beach, Va. The 470,618-square-foot property, at 2424 Castleton Commerce Way, is owned ...

Community Investment Group has paid $36 million, or $113,207/unit, for Dove Landing, a 318-unit apartment property in Virginia Beach, Va. The Chesapeake, Va., investment manager bought the property, at 5301 Justin Court, from Enterprise Community Development of Silver Spring, Md. ...