Family Office Briefing on research byNewmark·May 22, 2026
Richmond & Hampton Roads Multifamily Market Report 1Q26
Richmond multifamily occupancy at 95.4% in 1Q26 — family offices should consider co-GP opportunities amid tightening supply.
Key Metrics
| Metric | Value |
|---|---|
| Richmond Occupancy Rate | 95.4% |
| Hampton Roads Occupancy Rate | 96.6% |
| Richmond Effective Rent Growth | 1.3% |
| Hampton Roads Effective Rent Growth | 4.1% |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Newmark
Building a thesis around Richmond? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent multifamily strategies.
Peer Network · By Invitation
The Thesis Exchange
Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.