Berkadia Brokers Brookfield’s Sale of 742-Unit River Lofts at Tobacco Row Multifamily Portfolio in Richmond to West Shore for $123.5M ($165k/unit)

  • 1/9/2025

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Berkadia has brokered the sale of The River Lofts at Tobacco Row, a five-property apartment portfolio off Carey Street in Richmond’s Shockoe Bottom neighborhood. The communities include Cameron Kinney (259 units), American Cigar Lofts (174 units), Consolidated Carolina Lofts (166 units), Lucky Strike Lofts (131 units) and Cutters Ridge Townhomes (12 units). Four of the five properties were converted from historic tobacco facilities between 1991 and 2008.

Brookfield Properties
Sally Matheu | SVP, Multifamily, East Region
West Shore
Lee Rosenthal | President

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