Bristol Development Group sold its 301-unit Canopy at Ginter Park to Capital Square for what amounts to $278,239 per door, a $29 million windfall.
The 300-unit Meridian Watermark complex at 6500 Caymus Way was part of a $167 million portfolio sale that included four properties in Hampton Roads.
Of the thousands of stories and millions of page views on Richmond BizSense this year, there were some that captured the attention of readers more than others.
A record-breaking buyers’ market made 2020 a year with so many deals that our annual ranking couldn’t be contained to just the top 10.
New office, retail and residential buildings with thousands of apartments are in the works across the region despite the pandemic.
The Southside neighborhood saw more action and investment this year than just about any in the region.
Referred to as “Upper Magnolia,” the land is north of Magnolia Green and near other fast-growing developments such as Foxcreek, Hallsley and Cosby Village.
The Chester-based hotelier, which owns more than 60 hotels mostly around the mid-Atlantic, fell behind on loan payments due to the pandemic.
A five-story, mixed-use building featuring 350 apartments and ground-floor retail space is planned for 2.4 acres at 1601 Roseneath Road.
Fairfield Residential, which sold the 296-unit Belvedere Apartments, had purchased the 22-acre property in 2008 for $43.2 million.