Residential Real Estate

7-acre tract near Lee Bridge sells for $8M

Two months after entering the market with a seven-figure deal for property in the suburbs, an Alabama-based apartment developer is zeroing in on Manchester for what’s shaping up to be one of the largest multifamily developments proposed in the neighborhood in recent years.

Short-term home rental regs rile operators

Property owners wary of proposed city rules that would restrict or allow, depending on one’s perspective, short-term rentals of residential properties in Richmond are airing their concerns and frustrations to city officials ahead of a presentation to City Council later this year.