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Jones Street Investment Partners enters Virginia with multifamily community acquisition
Real Estate - OCTOBER 12, 2023

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Jones Street Investment Partners enters Virginia with multifamily community acquisition

by Andrea Zander

Jones Street Investment Partners, a private equity real estate firm focused on multifamily assets located throughout the Northeast and Mid-Atlantic regions of the United States, has entered into Virginia with the acquisition of Courthouse Green Townhomes, , a 266-unit multifamily community located at 6417 Statue Street in Chesterfield, a suburb of Richmond.

Courthouse Green Townhomes, which spans 34 buildings across 21 acres and includes one-, two- and three-bedroom units, is ideally located near Route 288 and Route 10 and is a short 22-minute drive to both downtown Richmond and Petersburg. The Property’s luxury amenities include a modern clubhouse, an outdoor pool with a sundeck, an outdoor firepit and entertainment area, and a playground, as well as a 400-car parking lot. Jones Street will leverage its institutional knowledge and proven operating platform to maximize efficiencies at the property to drive both optimal performance and enhance the resident experience.

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