AIP and Pointsfive Break Ground on $132M Greyhound Terminal Redevelopment

A joint venture between AIP, Pointsfive, and Bridge Investment Group secures $85.6M to transform a former Richmond Greyhound terminal into a 386-unit multifamily hub.

By: AXL Media

Published: Apr 1, 2026, 11:03 AM EDT

Source: https://www.multihousingnews.com/

Financing and Advisory

The project’s capital stack was solidified through a collaborative effort by Walker & Dunlop, which served as the primary advisor.

Construction Financing: $85.6 million provided by Madison Realty Capital.

Equity Investment: An undisclosed amount contributed by Bridge Investment Group.

Advisory Team: The deal was brokered by Walker & Dunlop’s Capital Markets Institutional Advisory and Equity & Structured Finance groups.

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