1
RICHMOND, VA. — Boston-based West Shore has acquired The River Lofts at Tobacco Row, a portfolio of five communities in Richmond’s Shockoe Bottom neighborhood. Drew White, Carter Wood and Cole Carns of Berkadia brokered the deal. Additionally, Robert Falese, Jake Adoni and Kris Kadar of Berkadia arranged an undisclosed amount of acquisition on behalf of West Shore. The direct lender was also not disclosed.
The properties included in the sale are Cameron Kinney (259 units), American Cigar Lofts (174 units), Consolidated Carolina Lofts (166 units), Lucky Strike Lofts (131 units) and Cutters Ridge Townhomes (12 units). Four of the five properties were converted from historic tobacco facilities between 1991 and 2008.