Newmark arranges $107.7 million sale of Bainbridge Midlothian apartments in Virginia
NMRK•Newmark arranged the $107.7 million sale of Bainbridge Midlothian, a 310-unit apartment community in Virginia, to Frontier Group of Companies. The property was completed in 2024, and the acquisition is Frontier’s first multifamily purchase in the state.
1. Virginia apartment sale
Frontier Group of Companies acquired Bainbridge Midlothian from a joint venture of The Bainbridge Companies and BVT National Partners in a $107.7 million sale arranged by Newmark. The 310-unit Class A community was completed in 2024, and the purchase marks Frontier’s first multifamily acquisition in Virginia.
