VIRGINIA BEACH, VA. (March 13, 2026)–M Group is pleased to announce the sale of Royal Pointe Apartments in Virginia Beach, Virginia.  M Group acquired this property in partnership with Featherstone Partners in 2022.

The property sold for $39,500,000.  Built in 1987, Royal Pointe Apartments is a 208-unit Class B property.
  
M Group is a privately held real estate and investment firm with offices in Birmingham, Michigan and Aspen, Colorado. M Group has acquired or invested in over 200 properties totaling more than 21,000,000 square feet. M Group owns income-producing multi-family and student housing properties throughout the United States.