Richmond, VA
Summit Apartments
$29.6m
Size
166
Units
Richmond, VA
Market
- 166 to-be-built multifamily units
- Prime corner in the hottest multifamily submarket in Richmond, Scotts Addition
- Customized the equity stack, allowing for the sponsor to meet certain idiosyncratic requirements and close out the equity demands of the property
- Successfully raised and deployed capital in a single-purpose OZ Fund, the first of its kind in the region
John B. Levy & Copmany, Inc. structured the Opportunity Zone debt and equity financing completed for The Summit Apartments located in Scott's Addition, Richmond, Virginia.
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