Newsroom
In the News
Bonaventure Sells Bend Arbordale Apartments in Williamsburg, Virginia for $100m
June 27, 2022
June 27, 2022
WILLIAMSBURG, VA. — Bonaventure, a multifamily owner-operator based in Alexandria, Va., has sold The Bend Arbordale, a 289-unit apartment community located at 401 Bulifants Blvd. in Williamsburg. The Inland Real Estate Group purchased the asset for $100 million. Drew White and Carter Wood of Berkadia represented Bonaventure in the sale. Situated near Sentara Williamsburg Regional Medical Center and I-64, The Bend Arbordale offers two- and three-bedroom floor plans with in-unit washers and dryers and private balconies or patios. Amenities include a swimming pool, fitness center, business center, clubhouse and a dog park.
You May Also Like
Bonaventure-Sponsored Private REIT Acquires Three Multifamily Properties and Enters Tampa
March 28, 2023
ALEXANDRIA, Va.--(BUSINESS WIRE)--Bonaventure, an integrated alternative asset manager focused on the development, construction, and property management of innovative lifestyle multifamily communities in the Mid-Atlantic and…
Read More
Compressed Cap Rates and Higher Risk Pushes Multifamily Investors to Forgo Older Assets
July 13, 2022
July 13, 2022 (Wealth Management)---Over the past few years, the delta between cap rates and valuations for older multifamily properties—those completed before 1996—and newer properties…
Read More
Virginia Multifamily Asset Trades for $100m
June 27, 2022
June 24, 2022 Bonaventure has sold its 289-unit community in Williamsburg, Va., after completing it two years prior. The firm sold The Bend at Arbordale…
Read More