A recent wave of new apartments in Chesterfield County continues to push farther west, as a new-to-market multifamily developer is looking to get in on the action.
Residential Real Estate
Farm-centric development marks first home sales with barn raising
Three years after it first planted seeds for the project, a local homebuilder behind the area’s first so-called “agri-community” is beginning to see the fruits of its labor.
August high-end home sales turn up the heat
The local million-dollar home-buying market in August was as hot as the weather, with each of the Richmond area’s top five home sales reaching or exceeding $1.5 million.
Homegrown real estate brokerages adding square footage
Two young and growing local real estate brokerages with offices just a few blocks from each other are making moves – one to the Southside and the other to Rocketts Landing.
Manchester apartment rehab nets $14M
Mercer Street Partners last week acquired the Hopper Lofts, a 139-unit apartment complex at 700 Everett St. in Manchester, for $14.3 million.
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.