Attain-at-Swift-Creek-Chester

Bonaventure Breaks Ground on $93.3M Attain at Swift Creek in Virginia

by Lynn Peisner

CHESTER, VA. — Bonaventure has broken ground on Attain at Swift Creek, a 344-unit community in Chester, about 19 miles south of Richmond. Walker & Dunlop arranged a $93.3 million HUD loan that includes both construction and permanent debt. KBS is the general contractor, RBA is the architect, and Timmons Group is the civil engineer. A property management partner will be announced ahead of lease-up. Attain at Swift Creek will include one-, two- and three-bedroom units. Completion is slated for 2028.

Alexandria, Virginia-based investment firm Bonaventure’s Attain pipeline is concentrated in suburban Virginia along the I-95 and I-64 corridors — from Northern Virginia through Richmond and down to Hampton Roads. Swift Creek marks the third Attain groundbreaking this year, following Attain at Greenbrier in Chesapeake and Attain at Newtown in Norfolk. All three properties represent a combined investment of $246.2 million, which is funding the construction of about 950 units.

You may also like