PETERSBURG, VA. — Greencove Group has sold Ivy Gates in Petersburg, about 30 miles south of Richmond, Virginia, to CCM for $17.7 million. SYM Properties has been named manager of the community under the new ownership. Drew White, Carter Wood, Matt Straughan and Cole Carns of Berkadia Richmond arranged the sale on behalf of the seller. Located at 101 Ivy Lane, Ivy Gates features two- and three-bedroom tri-level townhome apartments ranging from approximately 1,369 to 1,677 square feet. Residences feature private entrances, patio areas, separate dining spaces, hardwood flooring and full-size washers and dryers. Select homes also feature finished basements with full baths and wood-burning fireplaces. Amenities include a pool with sundeck, community lawn, playground and pet-friendly outdoor areas.
CCM has acquired Ivy Gates, its second property in the Petersburg, Virginia, area, for $17.7 million. Berkadia arranged the transaction.
Berkadia Arranges $17.7M Sale of Ivy Gates in Petersburg, Virginia
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