Frye Properties, Inc is a real estate development and management company founded in 1978, with its headquarters in Norfolk, Virginia, United States. The company specializes in the investment, development, and management of income-producing properties in the southeast, particularly apartment complexes. With a strong focus on integrity, trust, and tradition, as reflected in its slogan "Integrity, Trust and Tradition. . .THE FRYE FACTOR," Frye Properties has successfully acquired and rehabilitated over 5,000 units in 22 multifamily complexes in the Southeast.
The company's current multi-family portfolio encompasses 3,400 housing units in Virginia, Tennessee, South Carolina, and Georgia, along with a student housing development in Charlottesville, Virginia. Notably, Frye Properties has expanded its initiatives to include the development of high-end single-family development tracts through its Frye Building Corporation division.
While specific details about the last investment and investors are not available, Frye Properties, Inc. demonstrates a strong track record in successfully acquiring, managing, and rehabilitating properties in the Southeastern United States, positioning it as an attractive prospect for potential investors seeking opportunities in the real estate market.