Bonaventure, an integrated alternative asset manager focused on the development, construction, and property management of innovative lifestyle multifamily communities in the mid-Atlantic and Southeastern regions, has acquired three multifamily properties in separate UPREIT transactions.
Bonaventure 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 in Ruskin, a submarket of the Tampa MSA.
“These transactions demonstrate our ability to continually source and close on attractive opportunities that meet our strict investment criteria,” said Dwight Dunton, Bonaventure’s CEO and founder. “As a well-capitalized, cycle-tested investor, w
