With an influx of new apartments and the arrival of more food, beer and shopping over the past year, Scott’s Addition is shaping up to be an area to keep an eye on in 2015.
Katie Demeria
Memorable mansion sales of 2014
With at least one home selling for more than $1 million almost every month, 2014 was a busy year for high-end residential sales. Mansion sales topped out this year at more than $3.6 million when the estate of two local philanthropists sold to an exec from a Fortune 500.
Bank's takeover of Jefferson real estate delayed
A judge postponed the approval of a bank’s $36 million bid on developer Billy Jefferson’s apartment portfolio at a hearing Tuesday. The bank, also the primary lender on the real estate, will have to wait to reclaim the properties until the court settles disputes over how the proceeds will be paid out.
Home builder digs into $7M project
A development and building firm is unveiling some updated home designs for its latest subdivision, a 60-acre single-family project in Chesterfield County.
Senior living facility expands under new owner
After entering the Richmond market with the purchase of a Southside assisted living complex, a Charlottesville firm is rolling out a $1.5 million plan to make more room for residents.
Southside senior apartments hit the market
The firm that owns two senior living apartment properties is clearing out of the Richmond area while demand for senior housing is on the rise.
Two bids, $36M dismantle Jefferson empire
The 29 properties held by convicted developer Billy Jefferson were auctioned off yesterday, and one buyer will pay more than $30 million for a large chunk of the portfolio.
Home real estate firm adds RVA to its map
After raising more than $70 million, a Seattle-based residential real estate company is moving into the Richmond market.
The Pipeline: Commercial real estate roundup for Dec. 19, 2014
A Short Pump car wash property sells for $1.8 million, a financial firm nearly doubles its space in an office park and an LLC buys a building in a Midlothian shopping center.
Land deal launches $50M project
Developers finalized the $20 million purchase of 60 acres near Short Pump, kicking off work on massive retail center to be anchored by a grocery chain and an outdoor gear retailer.