Bell Partners has recently completed the acquisition of The Thornton, a 439-unit apartment complex located in Alexandria, VA. Renamed as Bell Old Town, this purchase marks the second addition to their Value-Add Fund VIII portfolio. According to Nickolay Bochilo, EVP of Investments at Bell Partners, this acquisition showcases their expertise in acquiring prime properties through thorough evaluation and risk management strategies.
Constructed in 2018 and featuring studio apartments as well as one-, two-, and two-plus-den-bedroom floor plans; Bell Old Town boasts various amenities such as a dog grooming spa, fitness center, clubroom and an outdoor courtyard with bocce court and grilling area. With this latest addition to their portfolio spanning across DC-Maryland-Virginia region; Bell Partners now owns over 7
