
Bonaventure Buys Norfolk MF Community for $42M
Bonaventure has acquired Monticello Station Apartments in downtown Norfolk, VA, for $42 million, rebranding it as Attain Downtown East.
This Class-A multifamily community offers luxurious living in its one- to four-bedroom units with upscale features like granite countertops, stainless steel appliances, and private patios. The property includes a swim spa, fitness center, courtyards with grills and firepits, and 33,000 square feet of ground-floor retail space, hosting eateries like Buffalo Wild Wings and Sushi King.
“With its prime location, numerous amenities and long-term financing, Monticello Station directly aligns with the type of assets we seek to acquire and manage in our perpetual life multifamily fund,” said Bonaventure CEO and founder Dwight Dunton. “As part of our investment management platform, this vehicle provides investors access to strategic diversification across our target markets as well as predictable income.”
- ◦Sale/Acquisition