Commercial Real Estate

With a buyer lined up, the family behind one of the largest and most visible manufacturing sites on the city’s Southside has a deal in the works to rezone the property and clear a path for potential redevelopment.

A Richmond developer has parted ways with one of its East End assets. Fulton Hill Properties last week sold The Lofty apartment complex at 3618 and 3626 E. Broad St. for $6.6 million, confirmed Jon Ondrak, the real estate company’s chief operating officer. The transaction, which closed June 14, had not been recorded in the… Read more »

A delayed vote Monday has put the city and Bon Secours Richmond at risk of missing an agreed-upon July 1 deadline to decide the fate of the former Westhampton School property — and it’s unclear what the consequences could be.

A hired gun of sorts is being brought in by the trustee overseeing the bankruptcy case of MGT Construction, as the hunt continues for assets to repay creditors of the defunct local general contractor. Harry Shaia, the Chapter 7 trustee tasked with recovering money to fill MGT’s eight-figure debt hole, in a filing last week… Read more »

One year after completing renovations to a portfolio of apartments once owned by a notorious Richmond landlord, a local development company and its Boston-based collaborator have sold the portfolio’s flagship property and are on track to cash in on the rest.

A father-son duo is looking to move forward with a sizable apartment project after getting the green light this week from Henrico County.

The local developer has pulled off a multimillion-dollar flip on a downtown office building in barely a year’s time.

Testing their theory that Richmond’s apartment market is approaching a peak, a group of local developers is looking to sell a 15-unit building just weeks after construction was completed.

After a previous plan for a brewery failed to materialize, a local restaurateur and hotel executive is in talks to sell off a West Broad Street parcel to a pair of developers.