The owner of the Canal Crossing complex is looking to add residential density to the commercial property nearly two decades after she redeveloped it.
Residential Real Estate
HHHunt drops $3.6M for Brandermill-area development site
A multimillion-dollar land deal has further cleared the path for a multifamily development in the works near Brandermill.
$3M in upgrades underway at Henrico apartments after $24M sale
An out-of-town investment team with a taste for apartments has started work on renovations to its second Richmond-area property, which it picked up in an off-market sale last fall from a member of the Wilton family.
‘There were dark times’: Bobby+April’s Hicks makes plea deal to clear felony charges
A local real estate firm is looking optimistically to the future as one of its co-founders, who had faced felony indictments related to his work as a contractor and home renovator, reached a plea deal last week that results in those charges being dismissed.
West Broad Village apartments fetch $76M; $224,000 per unit
In one of the highest-priced multifamily deals in recent memory in metro Richmond, a Short Pump-area apartment complex is now in the hands of a new owner.
Alabama-based developer drops $6M for land in Chesterfield
An out-of-town developer has secured its first site in the Richmond market, with plans to erect a $70 million apartment project.
$2M country club buy tops February home sales
A local insurance executive’s purchase of a 13-acre estate in the heart of Goochland horse country led the pack for the area’s priciest home sales in February.
Shockoe firm raising $25M real estate fund
For the third time in three years, an arm of a Cary Street-based wealth management firm is pooling investor money to buy into real estate – this time targeting “manufactured housing.”
Local ‘Hoarders’ star’s new company continues acquisition streak
A Richmond entrepreneur and reality TV personality who’s made his living clearing out peoples’ clutter is beginning to build new businesses.
Manchester project adding office to the mix
The run on Manchester real estate has brought new development opportunities ready to enter new territory.