Multifamily investment and management firm Bonaventure has sold a partial ownership stake in a luxury multifamily property to fund the purchase of a project in need of upgrades through a tax-advantaged transaction as disruptions in traditional financing have dragged down sales volume across the sector.
Bonaventure Looks To Tax-Advantaged Property Swap as Apartment Sales Stall
Firm Unlocks Investable Capital, Expands Portfolio Through 1031 Exchange
By Jon Leckie
CoStar News
May 23, 2024 | 8:00 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Attain on 5th
100 Wahoo Way, Charlottesville, VA
- Attain Downtown
450 Boush St, Norfolk, VA
- Companies
- Bonaventure Realty Group, LLC
Real Estate