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Transactions - JANUARY 7, 2020

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McCann Realty Partners and Angelo, Gordon acquire two apartment communities in Richmond, Va.

by Released

McCann Realty Partners and its joint venture partner, Angelo, Gordon & Co. have acquired two multifamily communities in Richmond, Va.

The acquisition totals 853 units.

Built in 1989, Trails at Short Pump Apartment Homes is a 350-home, three-story, suburban-garden community offering residents high quality amenities, including a swimming pool, dog park, walking trails, game room and tennis courts, all situated in a low-density setting on 32 acres. It is located at 3900 Acadia Lane on Three Chopt Road adjacent to and south of West Broad Village. The property benefits from its proximity to the Whole Foods anchored West Broad Village and surrounding Short Pump retail centers, and also has great connectivity to nearby schools and major employment centers such as Innsbrook and West Creek. The property will be managed by Atlanta-based Pegasus Residential.

Built in thre

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