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Weinstein sells Southside apartment complex for $35M - Richmond BizSense

Summary by Richmond BizSense
The 230-unit complex dates back nearly 50 years. (Mike Platania photos) The sale of a Southside apartment complex has set a new high bar for multifamily deals in the city this year.  The Villas at Cedarhurst apartment complex sold last month for $35.5 million, city records show.  The 230-unit complex sits about a mile south of Willow Oaks in the city’s Southside. The new owner is Highwater Properties, a Los Angeles-based investment firm with 620…
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Richmond BizSense broke the news in Richmond, United States on Monday, November 11, 2024.
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