REBusinessOnline

JOINT VENTURE ACQUIRES VIRGINIA MULTIFAMILY PORTFOLIO

NEWPORT NEWS AND PORTSMOUTH, VA. — The joint venture of Bonaventure Realty Group and Walker & Dunlop Apartment Fund I have purchased a multifamily portfolio in Newport News and Portsmouth. The Class B communities, Newport Trace, Warwick Landing and Chowan Trace, consist of 370 units. The joint venture plans extensive renovations totaling approximately $16,000 per unit and the properties will be rebranded as part of the repositioning process.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties