Downtown-based Apple REIT Cos. sold off $206 million worth of hotel properties, and a recent letter from its CEO shows that the company is moving toward a public offering.
REIT preps to go public, unloads 18 hotels
Jonathan Spiers
Jonathan joined BizSense in 2015 after a decade of reporting in Wilmington, N.C., and at the Henrico County Leader. The Virginia Tech grad covers government, real estate and other news.
Reach him at (804) 308-2447 or [email protected].
McDonnells’ home in Wyndham hits market
Disreputed former governor and first lady Bob and Maureen McDonnell have put their Glen Allen home up for sale. The home – listed at $944,000 – includes some unique features left over from the original owner.
Edge of Mechanicsville eyed for huge project
A local developer is pitching an English village-style development on 120 acres in Hanover County that would add a grocery store and more than 500 homes to the area.
Woodland home, 150 acres listed for $1.4M
The owner of a 150-acre property in Varina has put her childhood home up for sale. The wooded land includes a pair of log cabins and a teepee-style home, and the majority of it is under the protection of a conservation easement.
Custom homes rising in Tuckahoe
A developer is planning a small custom home project in between two larger subdivisions in Tuckahoe, and more than half of the houses have already found buyers.
Richmond’s TriBeCa kicks off new development
A townhome development in the city is launching its second phase of construction that will bring 15 new houses – including some affordable housing units – to the Randolph area over the next two years.
Squirrels manager’s curveball career change
The first general manager of the Richmond Flying Squirrels is trading in bats and gloves for ink and toner as he transitions into ownership of an Innsbrook printer cartridge franchise.
Developers push to enlarge Hanover project
A development group has its eye on a 60-acre piece of land in Mechanicsville to add to an already expansive mixed-use project.
Developer redraws Mechanicsville plans
A mixed-use project in Hanover County is back on the table after residents and Planning Commission raised some concerns – including how to handle the demolition of a 100-year-old house that sits on the property.
Developer plans 200 homes in Henrico
A Virginia Beach firm has drawn up plans for a large townhome development near Broad Street and Parham Road.