Sperity Real Estate Ventures

What Sperity Real Estate Ventures does

Sperity Real Estate Ventures is a boutique commercial real estate and business brokerage firm headquartered in Richmond, Virginia, at 215 East Grace Street, Suite 100. Founded in 2006 originally as Bandazian & Holden and later rebranded to Sperity Real Estate Ventures, the firm serves clients across the Richmond metropolitan area, with stated service coverage of Henrico County, Chesterfield County, the City of Richmond, and Williamsburg. The principal broker is Nathan Hughes, who holds CBI and CCIM designations and functions as the lead transaction principal and public face of the firm.

The firm's core offerings include commercial real estate brokerage, business brokerage (the intermediation of SMB sales), business valuations/opinion of value (BOV), and faith-based institution consulting. It operates on a commission-based revenue model, earning transaction fees on property and business sales rather than recurring SaaS or subscription contracts. The firm uses the third-party Cadby platform to surface listings and has invested in a long-running blog content library since founding as its primary marketing and lead-generation asset. Notable disclosed clients include Evolve Development, and the firm maintains long-tenured client relationships measured in years rather than months.

The firm's competitive positioning rests on local market knowledge in the Richmond MSA, domain specialization in the restaurant and hospitality sub-sector, and the gated professional credentials (CBI, CCIM) of its principal broker. The operation is anchored to a single senior broker, with no disclosed headcount, funding history, transaction volume, or revenue figures, leaving financial scale and growth cadence unverified from the available data.

Name

Sperity Real Estate Ventures

Legal name

Sperity Real Estate Ventures

Website

https://sperityventures.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Sperity Real Estate Ventures is a Richmond, Virginia-based boutique brokerage firm that provides commercial real estate brokerage, business brokerage, business valuations, and faith-based institution consulting for small and mid-sized businesses across the Richmond metro area.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Investment Sales Brokerage (BPAJABAI), Real Estate Transaction Advisory & Due Diligence (FSAEAJAJ), Real Estate Market Research & Economic Advisory (Demand/Supply, Location Analytics) (BPAJANAD)

Keywords

• Commercial real estate brokerage
• Business brokerage services
• Property valuation services
• Commercial leasing services
• Business sales advisory

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. Commercial Real Estate Brokerage: Commission-based brokerage services for commercial property sales and leases. The firm represents property owners wanting to sell or lease, and buyers searching for investment properties.
2. Business Brokerage: Professional assistance in selling businesses or acquiring new businesses. The firm connects buyers and sellers while acting as an intermediary in transactions.
3. Broker Opinion of Value (BOV): Valuation services using multiple approaches to determine property or business asking prices for sale or lease.
4. Consulting for Faith-Based Institutions: Specialized consulting services for church clients leveraging the team's ministry experience and ongoing real estate work.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Sperity Real Estate Ventures is a full-service commercial real estate and business brokerage firm based in Richmond, Virginia that helps small business owners buy, sell, and lease commercial properties and businesses. Core service lines include Commercial Real Estate Brokerage, Business Brokerage, Broker Opinion of Value (BOV) reports, and consulting tailored for faith-based institutions evaluating property acquisitions, sales, or facility strategies.

Product overview

Sperity Real Estate Ventures operates as a full-service commercial real estate and business brokerage firm focused on small businesses in the Richmond, Virginia area. The company offers two core services: Commercial Real Estate Brokerage (helping owners sell/lease properties and buyers find investments) and Business Brokerage (assisting business owners in selling or acquiring businesses). Additional offerings include Broker Opinion of Value (BOV) for valuation services and specialized Consulting for Faith-Based Institutions. The company maintains marketplace listings for businesses for sale and commercial real estate properties through its platform and Cadby integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Brokerage
• Business Brokerage
• Broker Opinion of Value (BOV)
• Faith-Based Institution Consulting

Quantifiable outcome

• Clients report successful commercial property transactions with full-service support from listing through closing
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Colliers International: Colliers is a global commercial real estate services firm with a Richmond presence offering investment sales, leasing, valuation, and advisory across all property types. They overlap with Sperity on commercial brokerage and BOV services but operate at vastly greater scale and geographic breadth.
• Newmark Group: Newmark is a large commercial real estate services and investment sales firm pursuing an aggressive acquisition strategy of regional brokerages, including in secondary markets like Richmond. They compete for the same small-business leasing and business sale mandates.
• JLL (Jones Lang LaSalle): JLL is a global real estate services firm with brokerage, investment sales, and advisory capabilities across all property types. They serve as a deep-pocketed competitor in the Richmond commercial brokerage space, especially for larger transactions Sperity cannot pursue.
• CBRE Group: CBRE is the world's largest commercial real estate services firm with extensive Richmond and Central Virginia operations. They represent institutional-grade commercial leasing and investment sales that compete with the upper end of Sperity's deal pipeline.

Others

• LoopNet / CoStar Group: LoopNet, owned by CoStar Group, is the dominant commercial real estate listing platform. Sperity's reliance on the Cadby platform reflects the broader ecosystem dependency on centralized CRE marketplaces that aggregate listings at national scale.
• BizBuySell: BizBuySell is the largest online marketplace for businesses-for-sale in the U.S. and is referenced indirectly through Sperity's reliance on third-party listing platforms like Cadby. While not a competitor brokerage, it represents the platform-driven distribution channel that increasingly disintermediates traditional boutique brokers.

Direct peers

• SVN International (Sperry Van Ness): SVN is a commercial real estate franchise organization with many small-to-mid market broker affiliates across the U.S., including in Virginia markets. They compete directly with Sperity on commercial investment sales and leasing for similar-size transactions and owner clients.
• Murphy Business & Financial Corporation: Murphy is a North American business brokerage franchise with Richmond-area coverage, directly overlapping with Sperity's business brokerage practice. Both firms serve SMB sellers and pursue similar transaction sizes in the lower-middle-market business sale segment.
• Sunbelt Business Brokers: Sunbelt is the largest business brokerage franchise network in North America with local affiliates in Richmond. They directly compete with Sperity's business brokerage practice for the same SMB business-sale mandate in the same geography.
• Thalhimer / Cushman & Wakefield Richmond: Thalhimer, operating as Cushman & Wakefield of Virginia, is the dominant commercial real estate brokerage in the Richmond, VA market. They directly compete with Sperity for the same small-to-mid-market owner/tenant mandates Sperity services, offering overlapping sales and leasing services in the same geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/sperityventures
• LinkedInlinkedin.com/company/sperity-real-estate-ventures
• Instagraminstagram.com/rvabusiness

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sperity Real Estate Ventures