Stuck in jail awaiting sentencing for tax credit fraud, Richmond developer Billy G. Jefferson Jr. has another looming problem: a possible foreclosure of one of his apartment properties.
Bank aims to halt property’s free-fall
Burl Rolett
Council goes extra innings, bunts stadium plan forward
Baseball in Shockoe Bottom got a big boost last night from City Council, but the plan is still far from crossing home plate.
Alleged violations landed Jefferson in jail
After allegedly flouting federal bond conditions and moving millions of dollars through personal accounts, family members and a pair of Las Vegas casinos, local developer Billy G. Jefferson Jr. is back in a Hanover jail as he awaits sentencing for tax credit fraud.
Local developer arrested again
Billy G. Jefferson Jr. was arrested at his home by U.S. Marshals.
The Pipeline: Commercial real estate roundup for 2.21.14
Medical leases continue their momentum. An office building acquisition in the West End. A Carytown retail lease and more.
Grocery chain makes another big move
Kroger is pumping $25 million into another gargantuan store.
Mall hit with double shot of eatery closures
By next week, two Stony Point Fashion Park restaurants will have gone dark within a matter of days.
Nonprofit gets set for an 8-figure overhaul
Inching closer to a $38 million fundraising goal, the Virginia Historical Society is ready to put a new face on its North Boulevard home.
Firm adds 2 million square feet of sunshine
A team of local real estate firms landed a major leasing deal 600 miles from home.
Apartment project’s promise: No hallways
Local developer Ben Adamson is bringing more apartments to the Southside neighborhood with a new 21-unit project at 12th and Bainbridge streets.