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RICHMOND, Va. and PHILADELPHIA, Nov. 11, 2020 /PRNewswire/ — McCann Realty Partners (“McCann”) and its collective adventure partner, LEM Basic L.P., appear the accretion of Courthouse Green Townhomes, a 266-home association in Chesterfield, VA aural the Richmond MSA.  Built amid 1972 and 1974, the townhome-style accommodation association offers ample direct-entry townhome floorplans and high-quality amenities, including a pond pool, fettle center, playground, and barbecue facilities, all anchored in a low-density ambience on over 21 acres. Amid at 6417 Statute St., Courthouse Green is amid in abutting adjacency to Route 10 / Ironbridge Road.  The achievement of Route 288 has helped drive citizenry and bartering advance in this allocation of Chesterfield County.  The acreage allowances from its adjacency to the Chesterfield County government offices and abundant connectivity to above application hubs throughout the MSA. The acreage will be managed by Atlanta-based Pegasus Residential.

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The collective adventure will advance basic to advancement the exoteric finishes, interiors, and amenities.  Unit upgrades will accommodate new appliances, washer and dryer installation, attic upgrades and granite countertops in baddest units.  Amenities should be added through the advance of the adviser and fettle centermost and the accession of alfresco ball and basement areas featuring assay stations.

“Our aggregation is accessible to get started,” said Thomas Upson, Managing Director at McCann.  “The association of Courthouse Green should account from the advantage enhancements and added improvements that we accomplish at the property.”

“We are aflame to access addition asset in the Richmond market,” said Matt Akin, President of McCann. “Courthouse Green fits our value-add action to decidedly advance the all-embracing accession of the acreage and enhance the active acquaintance of our residents. We are admiring to assignment with LEM afresh on this transaction and attending advanced to continuing our affiliation with them.”

McCann continues to seek new accretion and development opportunities in the Mid-Atlantic, Southeast, and Texas. For acquisitions and development in the Mid-Atlantic, Southeast, and Texas, amuse acquaintance Thomas Upson at (804) 290-8870, ext. 317. 

McCann Realty Partners is a arch multifamily advance close with an accomplished aggregation committed to amount creation, avant-garde strategies, and acclimatized execution.  Headquartered in Richmond, Virginia, McCann teams with institutional basic sources to acquire, develop, construct, and accomplish accommodation communities in the Southeast, Southwest, and Mid-Atlantic regions.  For added information, appointment www.mrpapts.com.

LEM Basic is a absolute acreage clandestine disinterestedness close with a 18-year clue almanac focused on attention investors’ downside and architecture portfolios to advice bear dependable accepted banknote breeze and disinterestedness upside through acceptable and bad cycles.  Back 2002, LEM has aloft over $1.3 billion in broker commitments and invested over $7.7 billion in absolute acreage accidental to their ability in structuring, beheading and asset management. This includes accepting over 22,000 value-add accommodation units back 2011 (as of November 2020).

Contact: Mike Dowd, McCann Realty Partners (804) 290-8870

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