In the News
Bonaventure Featured in Multi-Housing News on New $75M Virginia Multifamily Development
Bonaventure was featured in Multi-Housing News in the article Bonaventure Starts Work on $75M Virginia Property, which highlights the company’s groundbreaking of Attain at Greenbrier, a new Class A multifamily development in Chesapeake, Virginia.
The article details how the $74.5 million project will bring 268 apartment homes to the Greenbrier submarket, one of the strongest-performing multifamily submarkets in the Hampton Roads region. Located at 1553 River Birch Run, Attain at Greenbrier will include three four-story buildings with a mix of one-, two- and three-bedroom residences averaging 1,037 square feet.
Within the piece, Multi-Housing News notes that the development is the latest addition to Bonaventure’s growing Attain-branded portfolio of Class A multifamily communities. Delivery is expected in late 2027, with Vest Residential serving as property manager.
The article also highlights the project’s capital structure, which includes equity raised through Bonaventure’s network of accredited high-net-worth investors and long-duration debt provided through a fixed-rate HUD Section 221(d)(4) loan originated by Walker & Dunlop. The financing provides both construction and permanent financing through a single, fully amortizing 40-year execution.
Attain at Greenbrier reflects Bonaventure’s continued focus on developing high-quality housing in markets supported by strong fundamentals. The article notes that Greenbrier has sustained occupancy above 97 percent, while demand continues to outpace new supply across the submarket.