Investment Firm Steinbridge Group Just Made The Largest Investment In This Black University’s History

Essence Magazine:

By Jasmine Browley ·Updated March 7, 2024

The Steinbridge Group have joined forces to make a historic investment into the future of countless Black students’ lives.

Virginia Union University announced that Steinbridge will invest approximately $40 million to leverage the potential of 100-acre real estate holdings in Richmond’s North Side.

This is the first rollout of Steinbridge Group’s $100 million commitment to HBCUs and other Minority Serving Institutions (MSIs) which was announced

This post first appeared in Essence Magazine. Read the original article.