Richmond, VA

Regency Apartments

$58m

Size

320

Units

Richmond, VA

Market

Teamed with two of Richmond's most successful and talented real estate teams
$58,000,000 loans to develop 320 luxury apartments at one of Richmond's most iconic malls
Cornerstone of the developers' plan to transform the existing mall into an entertainment and lifestyle center with housing, restaurants, breweries and more
Five stories include 320 apartments which will wrap around a four-level parking deck, plus an outdoor pool, fitness center, and access to the lifestyle center

John B. Levy & Company, Inc. financed the Phase I redevelopment of one of Richmond's premier shopping destinations, Regency Mall, into 320 market-rate apartments. Future phases on the 35-acres will continue to redevelop the property into a contemporary, high-density urban town center, with up to 1,250 residences.