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Washington DC & Mid-Atlantic  + DC Metro  + Apartments  |  September 12, 2022
Cleghorn Capital has purchased a portfolio of three multifamily properties located in VA.
Lisa McDuffie
By: Lisa McDuffie

Cleghorn Capital Buys Three Virginia Communities from The Breeden Company

Washington, DC-based Cleghorn Capital has purchased a portfolio of three multifamily properties located in VA.

Carter Wood and Drew White of Berkadia completed the sale on behalf of the seller, Virginia Beach VA-based The Breeden Company.

“While the capital markets threw a curveball at us during the marketing process, both buyer and seller were able to work efficiently through the hurdles and execute with little interference,” said Wood.

Properties

-Apex at Ashton Green, a 118-unit multifamily property in Newport News, VA. The property offers access to Newport News/Williamsburg International Airport and shops and restaurants along Route 60.

-Ashton at Oyster Point, a 132-unit multifamily property in Newport News, VA. The property offers access to Sandy Bottom Nature Park and shops and restaurants near Interstate 64 and Route 17.

-Ashton Village, a 120-unit multifamily property in Portsmouth, VA. The property offers access to shops and restaurants near Airline Boulevard.

Photo: Newport News

Read More News Stories About: Berkadia
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Inside The Story

Berkadia's Wood

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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