“I think there’s an opportunity to provide high-quality rental living for people as they figure out how to navigate putting together a down payment, extremely high interest rates and all the other challenges that go with qualifying for your first home mortgage,” said Chipp Naylon.
An investment banker and a consultant bought the nearly 20-year-old house on Old Locke Lane, which last topped the monthly sales list in November 2021.
CHESTERFIELD, Va. – Traditions of America is a national leader in the development of active adult communities. Its newest community in the southern suburbs of Richmond, Traditions of America at Chesterfield, features 234 single-family homes, a low-maintenance lifestyle, and notably an array of top-shelf amenities similar to those found at a luxury resort. It is… Read more »
The company paid $1.23 million for a 22-acre site at Hopkins and Warwick roads, where it’s planning a mix of houses and townhomes that will make up a community called Kinwick, one of HHHunt’s first in South Richmond.
Crescent Development and Spy Rock Real Estate are behind the project, which Crescent’s Zac Frederick describes as intergenerational housing, with a mix of units restricted to different age groups.
Vertical Builders recently began construction of The Grove on Hamilton, a six-townhome development on a 0.3-acre lot at the northwest corner of Grove and North Hamilton Street near the Museum District.
The sale came in below the home’s $4.5 million list price, and three weeks after a house across the street sold for nearly $1 million over asking.
Monthly video updates hosted by CEO John Burns have been tracking the project’s progress since this latest phase of the retirement community’s $200 million expansion kicked off last year.
A Tudor-style house in Windsor Farms and a midcentury-style home at CCV were the latest to sell for more than $800,000 over list price.
Five years in the making, a scaled-down version of the 120-acre development from a group led by Don Balzer Jr. has started adding rooftops.
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