CHESAPEAKE, VA. — Berkadia has arranged the sale of Allure at Edinburgh, a 280-unit property in Chesapeake. Drew White, Carter Wood, Matt Straughan and Cole Carns of Berkadia Richmond led the transaction on behalf of the seller, Virginia Beach-based Venture Realty Group. Passco Cos. of Irvine, California, acquired the property for an undisclosed price in a transaction that closed on April 30. Arlington Properties will assume control of property management at Allure at Edinburgh.
Located at 249 Allure Lane, the project was developed in two phases in 2024 and 2025. Units are set within three four-story buildings in a mix of one-, two- and three-bedroom floor plans. Amenities include a saltwater resort-style pool, clubhouse, fitness center with yoga and children’s activity rooms, a golf simulator, arcade, video game lounge, screening and media rooms, makers space, photography room, massage and meditation rooms and private conference rooms. Additional amenities feature outdoor lounge areas, grilling stations, courtyards, an outdoor gaming park, bike storage, a dog park and pet spa, community-wide WiFi and electric vehicle charging stations.