Stanley Martin Homes bought 1480 and 1500 W. Moore St. on Nov. 4, less than a week after spending $10.2 million for a 23-acre site at 12401 W. Broad St.
$4M deal secures final parcel for Carver Square condos development
Residential Real Estate
350-unit Laurel Park redevelopment ‘full steam ahead’ after Henrico approval
New York-based Aurelie Capital plans to replace the aging shopping center with apartments and retail space across a dozen buildings.
Manchester’s Perry Place apartments sell to D.C. buyer for $11M
Innsbrook-based Capital Square 1031, which paid $8 million for the property five years ago, was the seller.
Q3 report: Central Virginia home sales surge, but taking longer to close
The housing market is seeing sales activity at levels not reached in years, according to the Central Virginia Regional Multiple Listing Service.
House flipper Romano fights back against lender lawsuit; trial set for March
In response to a suit by Tuckahoe Funding alleging fraud and embezzlement, Josh Romano blames the dispute on their mutual real estate attorney.
Bonaventure Realty plans 200 apartments for western edge of Scott’s Addition
“Our long term strategy of being patient owners in a fast-growing neighborhood has gotten microwaved,” said Bonaventure Realty CEO Dwight Dunton III.
$10M land buy clears way for ‘WestGate’ project near Short Pump
Stanley Martin Homes purchased a 23-acre site at 12401 W. Broad St., where it’s approved to build 194 for-sale condos and townhomes.
Building rehab, mixed-use expansion to fill out corner property in Church Hill
Richmond’s Commission of Architectural Review recently endorsed a plan to renovate an existing building with a modern-style addition to create nine apartments and two commercial spaces.
City, builders kick off $35M final phase of Highland Grove redevelopment
The project is filling the area around Dove Street that was formerly the Dove Court public housing community and a pair of blighted apartment complexes.
With five-home infill project, builder finds affordability at a price
“I don’t know how many city officials really appreciate the time value of money,” Center Creek Homes CEO Dan Magder said of costs the company incurred going through Richmond’s permitting process.