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Washington DC & Mid-Atlantic  + DC Metro  + Senior Housing  |  March 17, 2020
David Cohen
By: David Cohen

Richmond Development Site Trades for $4M

Cushman & Wakefield | Thalhimer has arranged the $3.8 million sale of a five-acre development site in Richmond.

Temple Beth El sold the land to Chicago-based developer CA Ventures which plans to build a seniors housing development at the site. The development will feature independent living, assisted living and memory care units. The site is located at 601 N. Parham Road, approximately 10 miles west of downtown Richmond.

David Smith of Cushman & Wakefield | Thalhimer represented CA Ventures in the transaction. Temple Beth El was formed in 1931 and is located in downtown Richmond.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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