New allegations that jailed developer Billy G. Jefferson Jr. was scheming to flee the country using a false identity as his tax credit scheme began unraveling last year.
‘Cash is heavy’
Commercial Real Estate
Court places more of developer’s properties in receivership
Billy G. Jefferson has lost control over another big chunk of his Richmond real estate holdings.
Investor files suit to shutter company, sell properties
An investor of a jailed developer wants the court to close a holding company and sell of millions in local real estate.
“Project Twister” looking to touch down in Chesterfield
Another massive, clandestinely named real estate project is being fast-tracked through Chesterfield County and would add more than 1 million square feet of industrial space near Meadowville Technology Park.
“The Gucci of Krogers”
Richmond’s second behemoth Kroger Marketplace store threw open its doors Tuesday at a new shopping center in Henrico County.
$9M project adds to hotel market’s momentum
A local hotel developer is bringing 89 more rooms to Chesterfield County in at least the fourth hotel project currently in the planning stages in the Richmond area.
Neglected inn set to be reborn as a senior living facility
Once a community centerpiece, Brandermill Inn and Conference Center has traveled a twisted path to new ownership.
New owner lands at airport hotel
A Delaware-based firm has taken over a foreclosed Richmond airport hotel more than a year after local ownership moved out.
2014 to-do list: Spend $150M on commercial properties
In one year, a Richmond-based real estate investment group run by a long-time lawyer has spent around $100 million on all sorts of commercial properties – even trailer parks. And it hopes to spend another $150 million in 2014.
Decision to relocate graveyard allows developer to move forward
Slowed by the discovery of an unmarked graveyard, work can now begin again at a Glen Allen housing development.