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Bonaventure expands multifamily portfolio in Virginia Beach area

Firm pays nearly $40 million for Royal Pointe Apartments
Bonaventure took ownership of 1749 Lacrosse Drive. (CoStar)
Bonaventure took ownership of 1749 Lacrosse Drive. (CoStar)

Multifamily real estate investment firm Bonaventure closed on its acquisition of a 208-unit garden-style residential complex in Virginia Beach, Virginia, expanding its presence in a region that’s seeing healthy demand.

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