With the deadline for bids approaching, the real estate entities of convicted developer Billy Jefferson are moving to keep their lender from interfering with the chance at an outside sale.
Jefferson portfolios seek settlement with bank
Katie Demeria
Law firms grow with new offices, partners
A large downtown law firm is expanding its presence in Los Angeles, another big name lures two attorneys over from its competitors and smaller local practice rebrands after adding a new partner.
Innsbrook hotel sold for $9 million
A Glen Allen Hyatt was swept up in a $1.8 billion portfolio sale and is now under ownership of a New York-based REIT.
Downtown $30M bank project takes shape
The conversion of a former bank building into nearly 200 apartments is moving along on schedule, and the developer has added plans for an additional commercial space and a rooftop pool.
Architects add offices to Scott’s Addition
Following the stream of businesses and apartments that are setting up in Scott’s Addition, a local architecture firm is revamping an old warehouse to create more office space in the growing neighborhood.
The Pipeline: Commercial real estate roundup for April 3, 2015
More than $3 million worth of property sales reported this week, including a $1.7 million office deal.
HDL cuts 42 more jobs
The medical testing firm announced another wave of layoffs on Thursday, just a few months after it cut more than 100 jobs. But it has been relieved of a $204 million lawsuit from its former sales contractor.
Apartment complexes sold for $6.8M
A New York company has purchased several local apartment complexes as it bolsters its Richmond presence – and it is looking to snag even more.
NY firm buys $60 million office portfolio
A Maryland real estate firm is leaving the Richmond market and has handed its six office park properties over to a New York company – the buyer’s first move into the Virginia area.
Church Hill developer wraps up theater project, turns to old garage
A long-abandoned theater property in Church Hill will soon be reopened as apartments and commercial space, and the developer behind the project has his eye on a 90-year-old garage.