4B — July 26 - August 8, 2019 — Owners, Developers & Managers — M id A tlantic
Real Estate Journal
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O wners , D evelopers & M anagers Senior living community includes 664 units on 40.95 acres Colliers Int'l. announces sale of Acclaim at Carriage Hill R
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ICHMOND, VA — The Colliers Inter- national Mid-Atlan- tic Multifamily Advisory Group announced the sale of Acclaim at Carriage Hill in Richmond from Bonaven- ture Realty Group to BH Management . The premier senior living community in- cludes 664 units on 40.95 acres. “Acclaim at Carriage Hill received significant interest from investors attracted to the property’s outstanding location in the West End of Richmond in addition to the strong apartment fundamen-
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Carriage Hill
tals in one of the Mid-Atlan- tic’s most dynamic markets,” said Charles Wentworth , senior vice president with Col-
Heritage at Settlers Landing The community at 553 Set- tlers Landing Road was built in 2007. It is located along the walkable, historic downtown Hampton waterfront, and has the potential to be the premier community in the submarket. Heritage at Settlers Landing offers the opportunity to in- crease revenue with its unique suburban-style floor plans in an urban setting. The community includes one-, two-, and three-bedroom apartments in three four-sto- ry, elevator-served buildings comprising a total of 144,910 s/f. Hankins, Mathews, Went- worth, senior vice president; Rawles Wilcox , Pickett and Ellis represented the sellers Collins Enterprises, LLC and Drucker & Falk. The commu- nity was purchased by Levco Management, headquartered in Richmond. liers International. “The buyer will find a solid foundation to invest capital in the unit inte- riors and property amenities to enhance the living experi- ence for its residents.” Will Mathews , managing director; G.S. (Hank) Han- kins , senior vice president; Charles Wentworth , se- nior vice president; Victoria Pickett , vice president; and Clay Ellis , associate, with the Colliers Mid-Atlantic team, represented the seller in the transaction. The Colliers International Mid-Atlantic Multifamily Advisory Group also repre- sented the seller in the sale of Heritage at Settlers Land- ing, a 140-unit urban mid-rise multifamily development in Hampton, VA.
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