Capital Square acquires Williamsburg apartments for $70M
Henrico-based real estate investment firm Capital Square has acquired a 207-unit apartment complex in Williamsburg, the company announced April 12. Capital Square acquired Sterling Manor, a five-building luxury apartment complex with townhomes and garden-style apartments, from Chaucer Creek Capital for $70 million, a company spokeswoman told Virginia Business. The acquisition is on behalf of CS103[...]
Capital Square names CFO
Henrico-based real estate investment company Capital Square has named Donna Sperounis as its chief financial officer, the company announced Wednesday. Sperounis has 22 years of real estate experience and joins Capital Square from Dakota Partners, where she was chief financial officer and chief operating officer. While there, she increased cashflow by 50%, maximized tax incentives […]
Capital Square promotes James Brunger to CSO
Henrico-based real estate firm Capital Square has promoted James Brunger to chief sales officer, the firm announced March 17. Brunger joined the firm in 2019 as executive vice president and national sales manager. Under his leadership, Capital Square launched 49 investment programs that have raised more than $1.2 billion in equity. “James Brunger brings an […]
Capital Square buys Chesterfield apartment complex for $86M
Henrico County-based Capital Square 1031 purchased the Livingston Apartment Flats in Chesterfield County from Cosby Village Residences LLC for $86 million earlier this month. Whitson Huffman, Capital Square’s chief strategy and investment officer, noted that Chesterfield’s population grew 11% between 2010 and 2019 and is projected to grow another 12% by 2030, making the area […]
Capital Square names new VP of HR
Henrico-based real estate investment company Capital Square announced on Monday that it has promoted Tangela Lambert to the position of vice president of human resources. Lambert joined Capital Square in 2016 as its human resources director. Lambert has more than 10 years of experience in human resources and employee relations. She earned a bachelor’s degree […]
Capital Square buys Chesapeake apartment complex for $67.25M
Henrico County-based real estate investment company Capital Square has acquired Streets of Greenbrier apartments in Chesapeake for $67.25 million. Located at 929 Wintercress Way, the 280-unit multifamily community sits on 13.78 acres. Constructed in 2013, the community consists of nine residential buildings and includes studio, one-, two- and three-bedroom units ranging in size from 516 […]
Capital Square buys apartments in Gainesville
Henrico County-based real estate investment company Capital Square has acquired SomerHill Farms apartments in the Gainesville area of Prince William County for an undisclosed amount. Located at 7351 Yountville Drive, the 140-unit multifamily community is situated on 18.76 acres. Constructed in 2006, SomerHill Farms features six three- and four-story residential buildings and a community clubhouse.[...]
Capital Square names chief technology officer
Henrico County-based real estate investment company Capital Square announced Tuesday that Jeffrey Blount has been named the company’s chief technology officer. Prior to joining Capital Square, Blount served as virtual chief information officer at Glen Allen-based office IT services and equipment supplier Cobb Technologies. “Jeff, who built Capital Square’s technology systems from the[...]
Capital Square names CFO
Henrico County-based real estate investment company Capital Square announced Monday it has hired Austin Griffin as chief financial officer. With more than two decades of experience, Griffin was most recently CFO with The Caton Cos., which oversees operations and assets for nine companies with more than $1 billion in assets. In his new role, he […]