A garden-style apartment community in the shoreside city of Newport News, Virginia, traded hands as investor appetite for multifamily properties in the broader Hampton Roads region remains steady.
Investor sells coastal Virginia apartments in market with strong demand
DF Ventures offloads Newport News complex for over $75 million
CoStar News
December 29, 2025 | 7:15 P.M.
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IN THIS ARTICLE
- Properties
- Compass at City Center
500 Waters Edge Dr, Newport News, VA
- Companies
- Penzance
Real Estate
- Drucker & Falk
Real Estate
- Contacts
- Carter Wood
Managing Director, Berkadia
- Drew White
Senior Managing Director, Berkadia Commercial Mortgage