Mercer Street Partners last week acquired the Hopper Lofts, a 139-unit apartment complex at 700 Everett St. in Manchester, for $14.3 million.
Manchester apartment rehab nets $14M
Residential Real Estate
Mystery buyers scoop up Henrico homes in $2M deals
Two residential properties in western Henrico County sold this month in deals that each topped the $2 million mark.
UMFS taps Spy Rock for mixed-use campus development
A local foster care nonprofit is moving forward with its plan to redevelop parts of its West Broad Street campus, enlisting a developer for a mixed-use section that’s already active in nearby Scott’s Addition.
Richmond picked as test market for home buying app
Richmond’s residential real estate market has brought a UVA alum’s New England-based startup to town to test its new home buying app ahead of a planned national rollout.
Former Best Products exec grabs Tiber penthouse for $1.6M
One of the two top-floor units of a new condo development in the Libbie and Grove area has sold to a former executive of what was once one of Richmond’s best-known companies.
Local builder expands footprint to North Carolina
Mitchell Homes is opening its first sales office outside of Virginia, in Rocky Mount, after spending four years making deals in six of North Carolina’s counties.
River Road-area house snags top July home sale
A Goochland County home on and off the market for over two years landed a buyer last month in the priciest residential transaction in the area in July.
Leftover land at West Broad Village eyed for housing
The final frontier of one of Short Pump’s largest mixed-use projects is back in play, this time for residential development. Local private equity firm Markel | Eagle is looking to rezone the 12 acres it owns at the eastern edge of West Broad Village, where it hopes to build dozens of single-family homes and condos…. Read more »
Rowhouse rehab taking shape along O Street
A once-stalled historic rehab in Church Hill is nearing the finish line, marking an end to a years-long effort by local couple John and Benedicte Whitworth.
Canada-based developer buys into Powhatan
A global land development company based in Canada is entering the local market with a deal in Powhatan County that could result in hundreds of new homes.