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Berkadia Negotiates $17.7M Sale of Ivy Gates Townhome Community in Petersburg, Virginia

Summary by REBusinessOnline
PETERSBURG, VA. — Berkadia has negotiated the $17.7 million sale of Ivy Gates, a 120-unit townhome community located in Petersburg, roughly 24 miles south of Richmond. Drew White, Carter Wood, Matt Straughan and Cole Carns of Berkadia represented the seller, Lakewood, N.J.-based Greencove Group, in the transaction. CCM, an investment company in Sterling, Va., acquired Ivy Gates. Herndon, Va.-based SYM Properties is managing the property. Built i…
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REBusinessOnline broke the news on Monday, April 27, 2026.
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