A Washington, D.C.-based developer has acquired four existing and planned multifamily properties as it expands its foothold in Virginia and North Carolina.
DC developer expands multifamily portfolio with acquisitions in Virginia, North Carolina
Penzance buys 1,110 apartments and a development site
CoStar News
January 16, 2026 | 8:32 P.M.
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IN THIS ARTICLE
- Properties
- Nexus
548 Newtown Rd, Virginia Beach, VA
- 60 Raymond Dr
824 Glenn Bridge Rd, Arden, NC
- Presley Oaks
4915 Misty Oaks Dr, Charlotte, NC
- Compass at City Center
500 Waters Edge Dr, Newport News, VA
- Companies
- Penzance
Real Estate