The $14.3 million rehab and conversion of the former elementary school into apartments has allowed dozens of low-income seniors to move in.
Baker School conversion completes Fay Towers rehousing trifecta
Residential Real Estate
‘iBuyer’ buys into Richmond’s residential real estate scene
House Buyers of America, which purchases homes directly from owners, expanded into the region over the summer and has been snapping up properties.
Petersburg on multi-family hot streak
“What’s really happening is investment groups are seeing Petersburg as a stable place to invest now,” a developer said of the $9.4 million sale of the High Street Lofts.
Prestwould penthouse sale sends cattle consultant’s art collection west
The top floor condo’s list of caretakers includes Bill and Pam Royall, Keith Kissee, and now James “Jimmy” Wheat III, a member of Richmond’s well-known Wheat family.
Developer Connell planning 47-unit apartment building at Tobacco Row site
The building would rise five stories on the Cary Street side and seven stories facing the river, considerably shorter than a previous proposal.
Nearly 600 apartments on the drawing board for Willow Lawn
Thalhimer and Crenshaw Realty would replace five aging office buildings with two 7-story apartment buildings, adding what they see is a missing link to the neighborhood.
Multifamily milestone: Short Pump complex sells for $327K per door
The Flats at West Broad Village set a high watermark with a $111 million price tag, while two other large apartment deals closed for $85 million and $44 million.
Another chunk of Eck real estate empire sells to local buyer for $6M
The latest deal involved nine properties, but the bulk of the Eck family’s 150-plus property portfolio remains under contract to be sold to a single mystery buyer.
Demolition underway for Laurel Park mixed-use project in Henrico
The nearly 60-year-old shopping center at 2314 Hungary Road is being torn down to make way for a dozen buildings with retail and 350 apartments.
Two proposed developments in Chester would add over 1,200 homes
George Emerson and Phil Roper want to expand a project at the former Moore’s Lake retreat site, and Lingerfelt Development is planning an apartment complex near Tyler Community College.