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Levco Lands Richmond, Virginia’s Largest Multifamily Deal of 2023 Amid Lagging Sales

Nearly $103 Million Purchase Helps Prop Up Lackluster Market Where Total Volume Declined Nearly 20%
Belmont Hills, a 651-unit property completed in 1974, marks the fourth multifamily complex in Richmond, Virginia, for Levco Management. (CoStar)
Belmont Hills, a 651-unit property completed in 1974, marks the fourth multifamily complex in Richmond, Virginia, for Levco Management. (CoStar)
CoStar News
January 22, 2024 | 10:30 P.M.

A joint venture led by Levco Management ended 2023 with Richmond, Virginia’s largest multifamily purchase of the year.

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