Bonaventure Looks To Tax-Advantaged Property Swap as Apartment Sales Stall

By bhhsbowen May 23, 2024 CoStar News 0 comments

A so-called 1031 exchange allowed Bonaventure to sell an $18 million partial stake in Attain Downtown in Norfolk, Virginia, and reinvest those funds in another property. (Bonaventure)
Firm Unlocks Investable Capital, Expands Portfolio Through 1031 Exchange