Berkadia Facilitates Apartment Sale in Virginia Suburbs

Berkadia Facilitates Apartment Sale in Virginia Suburbs
Berkadia Facilitates Apartment Sale in Virginia Suburbs

Berkadia Facilitates Sale of Boulders Lakeview Apartments in Suburban Virginia

Berkadia has successfully arranged the sale of Boulders Lakeview, a newly constructed 212-unit multifamily apartment community located in North Chesterfield, Virginia, part of the Greater Richmond metro area.

The transaction was facilitated by Berkadia’s Richmond team, including Senior Managing Director Drew White, Managing Director Carter Wood, Director Cole Carns, and Senior Director Matt Straughan, on behalf of the seller, Dominion Realty Partners. American Landmark, a Florida-based real estate investment firm, acquired the property.

“Supported by steady renter demand, modern unit design, a competitive amenity package, and proximity to major employment centers, the property is positioned for long-term performance,” said Carter Wood. “The transaction reflects continued buyer appetite for high-quality multifamily assets in the Greater Richmond area.”

Located at 1501 Boulder Spring Terrace, Boulders Lakeview is a 2023-built garden-style community featuring a mix of one- and two-bedroom units with an average size of 935 square feet. Residents benefit from convenient access to downtown Richmond, Virginia Commonwealth University, and Chippenham Hospital, as well as a variety of nearby retail, dining, and entertainment venues.

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