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Bonaventure-Sponsored Private REIT Acquires Three Multifamily Properties

The properties are located in Richmond and Norfolk VA, and Tampa FL.

A private REIT affiliated with Bonaventure acquired three multifamily properties in separate UPREIT transactions.

The company furthers its footprint in Virginia and expands into Florida with the strategic off-market purchases of three properties. In Virginia, Bonaventure’s private REIT acquired Cedar Broad Apartments and East Beach Marina, 204-unit and 137-unit communities in the Richmond and Norfolk markets, respectively. In Florida, Bonaventure’s REIT acquired Shadetree Apartments, a 260-unit community located in Ruskin, a submarket of the Tampa MSA.

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David Hoffman

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