Bonaventure was featured in Multifamily Dive in a Q&A with Stephen Burch, Chief Financial Officer of Bonaventure, discussing the company’s long-term ownership strategy and continued investment activity across multifamily markets.
The article notes that Bonaventure has continued to expand amid market uncertainty. Over the past two years, the company has broken ground on three developments totaling 928 units and $246.2 million in total project costs. During the same period, Bonaventure also closed on eight acquisitions totaling 1,518 units and approximately $354 million in transaction value.
Burch explains that Bonaventure is not focused on growth for growth’s sake, but instead on pursuing opportunities that fit the company’s long-term investment approach. The article highlights Bonaventure’s focus on supply-constrained markets across the Mid-Atlantic and Southeast, as well as its use of long-term, fixed-rate HUD financing to support patient ownership.
Multifamily Dive also discusses Bonaventure’s recent acquisition of Crescent at Chevy Chase, a 111-unit community in Chevy Chase, Maryland, through Bonaventure Multifamily Income Trust. The article also references Attain at Swift Creek, a 344-unit Class A development in Chesterfield County, Virginia, financed through a 40-year, fixed-rate HUD Section 221(d)(4) loan originated by Walker & Dunlop.
The Q&A further explores how Bonaventure evaluates acquisition opportunities, including off-market transactions and properties with attractive existing HUD debt. Burch also shares how the company is using AI tools to identify HUD-financed properties in target submarkets and support its acquisition sourcing efforts.
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