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Investor Acquires Affordable Senior Living Community Near Virginia Beach

Multimillion-Dollar Renovation Planned for Standard Communities' New Property
An aerial view of Chesapeake Crossing, a mixed-income senior living community in Virginia. (CoStar)
An aerial view of Chesapeake Crossing, a mixed-income senior living community in Virginia. (CoStar)
CoStar News
April 21, 2021 | 10:54 P.M.

Standard Communities, an affordable housing investor that has recently closed a flurry of acquisitions, bought a mixed-income senior living community in Chesapeake, Virginia, where it is planning a significant renovation of the property.

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