A huge Pipeline this week as 50 Chamberlayne Avenue apartments change hands, an investment firm buys up a medical office building, some land deals and another Chipotle is coming to Richmond.
Burl Rolett
Jailed developer pleads guilty on new charges, faces 37 years
A scheme to flee the country could cost Billy G. Jefferson Jr. another 17 years in prison.
Shockoe apartments get new conductor
A Charlottesville real estate couple has taken over as owners of their second Richmond apartment building.
Pastor’s son’s money must stay put
The son of a Richmond pastor will have to hold off on spending the spoils of a lucrative property flip until a dispute over land near Manchester is settled in federal bankruptcy court.
Bidding war breaks out over Glenside hotel
The lender takes back a foreclosed, 225-room Embassy Suites after outbidding a competitor.
Smoke signals confirmed
Philip Morris is the tenant behind “Project Twister,” a million-square-foot planned industrial development near Chesterfield’s Meadowville Technology Park.
Pieces coming together for Short Pump project
Steven Middleton of Commonwealth Properties plans to break ground in July on a $45 million West Broad Street apartment complex, the first of four main pieces in the works at Broad Hill Centre, a 70-acre, medical mixed-use project.
Auction brings Rocketts prices down to earth
WVS Cos. unloaded 28 unsold condos at May 20 event, bringing in $6 million. Current residents are uncertain about near-term effects on their property values.
Firm targets consumers, one blood test at a time
Health Diagnostic Laboratory, a local biotech giant, is using Richmond as a testing ground as it makes a bigger push to reach consumers.
Hotel headed for foreclosure – again
The 225-room Embassy Suites at 2925 Emerywood will go under the gavel on May 30 on the steps of the Henrico County courthouse.