" />

Clark Realty Builders Breaks Ground on Sunchase Apartments in Virginia

August 5, 2002

FARMVILLE, VA — Clark Realty Builders, the sixth largest multifamily builder in the nation*, broke ground today on Sunchase Apartments in Farmville, Va. Developed by Management Services Corporation, Charlottesville, Va., the community will offer both student and market-rate housing. The first apartments will be available for lease in August 2003.

Clark Realty Builders Breaks Ground on Sunchase Apartments in Virginia Press Release Image

Sunchase at James Madison

Designed by dBF Associates, Charlottesville, Va., the 140-unit community includes seven three- and four-story student housing buildings, three garden-style apartment buildings, and a clubhouse with pool. The 98 student-housing units and 42 market-rate garden apartments with fireplaces average 1,228 square feet. In addition to the pool, residents will enjoy access to a fitness center, business center, pool tables, and basketball and volleyball courts.

Sunchase is located near Longwood University, north of the Business 460/Longwood Avenue intersection.

# # #

* Clark Realty Builders (CRB) is a national, multifamily general contractor recently ranked as the sixth largest such firm in the U.S. by Builder Magazine. More information about CRB can be found on the Internet at http://www.clarkrealty.com.

About Clark Realty

The Clark Realty companies offer a full spectrum of services to the real estate industry including construction, development, investment management, property management, real estate strategies, and capital markets.