Wayforth, founded as Legacy Navigator in 2016, has raised $9 million toward its goal. The company has completed six acquisitions since its inception.
Commercial Real Estate
The owners of a local salon chain have unloaded a property in the Libbie-Grove corridor – and sold it for nearly $1 million more than they bought it for 13 years ago.
Founder Kendra Feather last week sold the two-decade-old vegetarian restaurant to Seth Campbell, a UVA alum and first-time business owner.
A Scott’s Addition property known as one of the neighborhood’s earliest adopters of historic tax credits and adaptive re-use has been sold to a Northern Virginia real estate firm.
A year after committing to a new store in Scott’s Addition, a local car care chain is getting a brief taste of business there to come while preparing to open its doors for good in a few weeks.
The company’s investment arm purchased the Wesco Distribution property at 2902 N. Arthur Ashe Blvd. next to the Greyhound station. It will remain as a warehouse for now, but redevelopment isn’t being ruled out.
An area developer who’s been on an apartment hot streak in Hanover County is opening the doors to his latest community.
Shockoe Bottom bar owner Michael Britt is hoping a buyer might come tapping at his chamber door.
With around $1 billion in ongoing construction projects between its Monroe Park and MCV campuses, VCU is among the biggest developers in Richmond at the moment.
The biggest economic development project ever proposed for Richmond had an eventful but sometimes rocky 12 months in 2019, a year that saw the now-$1.5 billion Navy Hill plan finalized and formally submitted to City Council, initiating a months-long, multilayered review process that is set to continue into 2020.