407
RICHMOND, VA. — RailField has purchased Millspring Commons Apartments, a 159-unit townhome-style community in Richmond, for an undisclosed price. Amenities at the community include a clubhouse with a fitness center, pool, outdoor exercise area, outdoor kitchen and grilling area, playground and dog park. RailField purchased the property on behalf of its RLM Preservation Fund, which focuses on preserving affordable and workforce housing. The firm plans to renovate both the common areas and apartment interiors.