“Some of these types of properties are overlooked by the greater investment community,” said Lakeland principal Alexander Westra of two buildings on Arthur Ashe Boulevard it acquired for a combined $6 million.
Residential Real Estate
Income-based apartment complex rising in South Richmond
Urbana at Hioaks will have 216 units spread across six buildings on a 12-acre site at 6850 Atmore Drive.
Capital Square, Hourigan among firms advancing in Diamond District bid
The remaining teams also include local names such as Better Housing Coalition, Spy Rock, Shamin Hotels, and out-of-town players like MAG Partners, Hoffman & Associates and Weller Development.
Developer adds another apartment building to its plans for Six Points
A four-story structure with 43 units and ground-floor commercial space is in the works for a roughly half-acre lot at 1203 E. Brookland Park Blvd.
Developer buys former Southside Hardware building on Hull Street
SNP Properties is planning to convert its latest acquisition into 14-16 apartments and ground-floor retail space.
15-story apartment tower planned for parking lot at Grace and Foushee
An unnamed developer is looking to add height to the Monroe Ward area, where a separate project in the works has been upsized and is now designed for 16 stories.
Chesterfield picks developer for first piece of Spring Rock Green revamp
Collins Enterprises has been tapped to build a six-story, $75 million building with 300 apartments and 27,000 square feet of ground-floor commercial space.
‘Time is money’: City outsources some building plan reviews amid backlog
As its permitting office’s third-party review program enters its third year, the city has hired a third party of its own — in California.
Josh Romano, paralegal indicted on charges of defrauding lender
An arrest warrant for the once-high-profile local house-flipper was issued Tuesday.
$6.6M deal clears way for 75 homes on horse stables site near Wyndham Forest
Stanley Martin Homes is planning a development at 10915 Opaca Lane, a 33-acre tract that has been home to the Hundred Acre Woods horse boarding facility.