Colliers International announces sale of Falcon Point

VIRGINIA BEACH, VA — Colliers International announced the sale of Falcon Point, a multifamily community in Virginia Beach, from The Runnymede Corporation to Seminole Trail Properties. Falcon Point is located at 2105 Lake Smith Dr. and includes 64 apartment homes. The development, originally constructed in 1971, has newly upgraded exteriors, lakeside views and interior renovations. The community is located in the popular Chick’s Beach area off Shore Dr. with easy access to I-64. G.S. (Hank) Hankins, senior vice president; Victoria Pickett, first vice president; Charles Wentworth, senior vice president; Will Mathews, managing director; Clay Ellis, associate; and Garrison Gore, associate, with the Colliers Mid-Atlantic team represented the seller.


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