{"id":1004111735,"date":"2015-01-22T10:26:40","date_gmt":"2015-01-22T18:26:40","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=320121"},"modified":"2020-04-15T21:24:38","modified_gmt":"2020-04-16T05:24:38","slug":"corebainbridge-jv-buys-virginia-beach-apartment-complex","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/corebainbridge-jv-buys-virginia-beach-apartment-complex\/","title":{"rendered":"Core\/Bainbridge JV Buys Virginia Beach Apartment Complex"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/01\/Woodshire-Apartments-VA-Beach-Exterior-Image-184858.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-320122\" title=\"Woodshire-Apartments-VA-Beach-Exterior-Image-184858\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/01\/Woodshire-Apartments-VA-Beach-Exterior-Image-184858.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/a>The Woodshire Apartments in Virginia Beach is under new ownership. Core Real Estate Capital purchased the 288-unit property in partnership with Bainbridge Cos. at the end of 2014. Terms were not disclosed.<\/p>\n<p>Completed in 1975, the complex features one-, two- and three-bedroom apartment units and numerous amenities, including washers and dryers, a playground, air conditioning and a pool.<\/p>\n<p>Woodshire Apartments is located at 149 South Budding Ave., within one mile of Virginia Beach Town Center and close to dining, shopping and entertainment venues and the beach..<\/p>\n<p>Jeff Coopersmith, founder and managing partner of the Columbus, Ohio-based company, said in a statement that the new owners plan to invest more than $2 million to upgrade the property.<\/p>\n<p>In addition to Woodshire Apartments, Core\u2019s year-end acquisitions included Mt. Prospect Greens, a 344-unit community in the Chicago suburb of Mount Prospect. Core teamed with APM Management on that acquisition.<\/p>\n<p style=\"text-align: justify;\"><em>Photo credits: <\/em><a href=\"https:\/\/livethewoodshire.com\" target=\"_blank\" rel=\"nofollow\"><em>livethewoodshire.com<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Woodshire Apartments in Virginia Beach is now under new ownership. Core Real Estate Capital has purchased the apartment community in partnership with the Bainbridge Companies, at the end of 2014. The price of the transaction was not disclosed.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36153],"tags":[],"class_list":["post-1004111735","post","type-post","status-publish","format-standard","hentry","category-richmond-hampton-roads"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Core\/Bainbridge JV Buys Virginia Beach Apartment Complex - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/corebainbridge-jv-buys-virginia-beach-apartment-complex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Core\/Bainbridge JV Buys Virginia Beach Apartment Complex\" \/>\n<meta property=\"og:description\" content=\"The Woodshire Apartments in Virginia Beach is now under new ownership. 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