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Bonaventure breaks ground on 320-unit Class A multifamily project in Norfolk's Opportunity Zone.

Company Fundamentals
13 Jul 2026
Na
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Bullish
pluang ai news

Bonaventure has started construction on Attain at Newtown, a $85.3 million, 320-unit Class A multifamily development in Norfolk, Virginia, located in a federally designated Qualified Opportunity Zone. The project, financed through a partnership with Cafritz Asset Management and HUD-insured loans, aims to deliver high-quality, affordable luxury apartments with 1-3 bedroom units by Fall 2027. This development is part of Bonaventure's long-term investment strategy to address housing demand in Hampton Roads, complementing a recent similar project in Chesapeake. The firm plans to hold and operate the property for over 10 years, emphasizing community impact and sustainable growth.

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