Commercial Real Estate

Two $12M deals hand off 380 apartments

A Louis Salomonsky project near the Siegel Center and a 1975 apartment development have brought new firms into the Richmond market and are slated for upgrades.

Downtown pub building to add apartments

The new owner of a longtime local pub spot on Franklin Street has plans to replace the upstairs office space with 10 new apartments as the neighborhood slowly draws more businesses.

Old bank building sold at auction

A bankrupt entity tied to a local restaurateur auctioned off a 100-year-old former bank building downtown to a West Virginia investor.

Cary Street corner set for renewal

A three-man development group has plans to bring a handful of apartments and a new restaurant to the stretch of Cary Street between VCU and Carytown.

DC firm buys 300 Chesterfield apartments

A real estate firm that works with foreign investors made its first move in Richmond market with the purchase of a Chesterfield County apartment complex.

Real estate firm seals acquisition, turns to $30M raise

A real estate management company doubled its property portfolio in a purchase of a Texas firm, and it’s looking for more acquisitions in the future with help from a planned capital raise.

Church Hill developers take on new project

A development firm is continuing to grow its Church Hill portfolio with plans for a new commercial space, as well as a few residential units.