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Dwight Dunton Bringing His Real Estate Company Home to Alexandria

November 28, 2018

Washington Business Journal

 

Bonaventure Realty Group LLC is coming home.

The Arlington-based real estate company acquired a pair of adjacent parcels at a prime intersection in the Alexandria neighborhood of Del Ray for $2.6 million, according to public records, and recently submitted plans to renovate two buildings there for its offices.

“This is one of our most exciting projects to date as it is far more than the makeover of a great property in Del Ray that has been empty for too long,” Bonaventure CEO Dwight Dunton said in an email. “Alexandria is my home; I was raised here, am a T.C. Williams graduate, and originally founded Bonaventure in Alexandria. After operating in Arlington County for many years, it’s thrilling to be bringing Bonaventure home where it belongs.”

The two buildings include a service station, the former Anthony’s Auto Center, at 2903 Mount Vernon Ave. and a small office building at 104 Hume Ave. The site is within a half mile of the $1 billion Virginia Tech innovation campus that was pitched as part of Virginia’s bid to land Amazon.com Inc.’s second headquarters.

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Disclosures

The article is for informational purposes only and not intended to be all-inclusive and may be changed at any time without notice or obligation to update. This article does not constitute tax, legal, or financial advice. Bonaventure does not provide tax, legal, or accounting services. Tax laws and regulations are subject to change, and individual circumstances vary. Investors should consult their own tax advisor, attorney, or qualified intermediary regarding their specific situation before pursuing any of the strategies discussed. Forward-looking statements may be influenced by a variety of factors, many of which are beyond the control of Bonaventure and could cause the actual outcomes to be materially different from what is projected. Past Performance is not indicative of future results.

Investments in the shares involves a high degree of risk that prospective investors should carefully consider before investing. The investment is for Accredited Investors who have the financial ability and willingness to accept the risks and lack of liquidity inherent in an investment in the shares. There can be no assurance that investment objectives will be achieved or that investors will receive a complete return of their capital. This material is not an offer to sell or a solicitation of an offer to buy any interest in any fund sponsored by Bonaventure or its affiliates. Any offering is made only pursuant to a confidential private placement memorandum (PPM) and related offering documents, which should be reviewed in full and which control in the event of any inconsistency with this material. Share interests are not registered under the Securities Act of 1933 or any state securities laws, and Bonaventure offerings are not registered under the Investment Company Act of 1940.