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Bonaventure Featured in Multi-Housing News on Attain at Greenbrier Development

Bonaventure was featured in Multi-Housing News in an article highlighting the groundbreaking of Attain at Greenbrier, a $74.5 million Class A multifamily development in Chesapeake, Virginia.

The article notes that the 268-unit community will be located at 1553 River Birch Run in the Greenbrier submarket, with delivery expected in late 2027. The development will include three four-story buildings with a mix of one-, two- and three-bedroom apartment homes averaging 1,037 square feet.

Multi-Housing News also highlights Attain at Greenbrier as the latest addition to Bonaventure’s growing Attain-branded portfolio of Class A multifamily communities. Vest Residential will serve as property manager, with Marlyn Development Corp. as general contractor, RBA as architect and Timmons Group as civil engineer.

The article also details the project’s financing structure, which includes equity raised from Bonaventure’s network of accredited high-net-worth investors and long-duration debt through a fixed-rate HUD Section 221(d)(4) loan originated through Walker & Dunlop.

The article further notes that Bonaventure acquired the former call center site in 2022 and rezoned it to allow residential density in a supply-constrained submarket where demand continues to outpace new supply.

Read the Full Article Here

 

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