In one year, a Richmond-based real estate investment group run by a long-time lawyer has spent around $100 million on all sorts of commercial properties – even trailer parks. And it hopes to spend another $150 million in 2014.
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312-unit apartment complex sold for $18.5M
A North Carolina-based firm just picked up a 22-acre apartment complex and plans more than $1 million in renovations.
2 firms add jobs overseas — in Richmond
A pair of foreign manufacturing companies unrolled major Richmond area expansion plans this week.
Council goes extra innings, bunts stadium plan forward
Baseball in Shockoe Bottom got a big boost last night from City Council, but the plan is still far from crossing home plate.
Historic rehab creates unusual apartments
A year after sealing a deal with the Oregon Hill Neighborhood Association, Guy Blundon is throwing open the doors at a new apartment building in the downtown neighborhood.
City set to own Diamond in less than a year
With a potential new baseball stadium on deck, the city has closed a deal for the Diamond.
Owners of Diamond area motel go bankrupt
With a foreclosure on deck, the owners of a motel across from the Diamond have retreated into bankruptcy.
Commercial real estate plays of the year
BizSense reporters stayed busy in 2013 calculating apartment totals, square footage and purchase prices. Make sure you didn’t miss any news with this roundup of the year in commercial real estate.
Squirrels announce an off-season draft pick
The Richmond Flying Squirrels are looking to an Ashland brewery for their next pitcher.
Auction set for 99 rooms with left-field view
A hotel across the street from the Diamond is headed for foreclosure as its owners work to stave off the auction.