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.
West Broad Village apartments fetch $76M; $224,000 per unit
Residential Real Estate
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.
German real estate brand exits Richmond as local affiliate cuts ties
Three years after arriving in Richmond, a high-end residential real estate brand is out of the local market after its area affiliate reverted back to its former flag.
Manchester-area townhomes get City Council approval
The city’s Southside is set to get a new dose of single-family residential density.
Innsbrook-based real estate firm seals $70M NoVa acquisition
Marking its priciest purchase yet, a Henrico real estate investment firm just dropped eight figures for a property in Northern Virginia.
Suburban homebuilder jonesing for city action
A local homebuilder that’s built its brand on higher-end homes in and around Midlothian is making a push into the city, where it’s preparing to pull the trigger on a Union Hill project that’s considerably different from its typical output.