The former Circuit City headquarters building is officially for sale – and probably for lease, too, if the right tenant came calling.
Eric Robison
Sheraton owners defaulted on $29.5M loan, other loans going sour
Lenders are beginning to take back more delinquent properties as the number of bad loans around town accelerates, including the Sheraton Richmond West hotel on Broad Street.
Commercial sales activity slips into hibernation
Who will budge first? Buyers and sellers of commercial real estate are locked in a game of chicken. But someone is going to have to budge, or deal volume will remain dreadfully low. And with commercial loans coming due and other commercial real estate investment groups needing to raise cash, some experts hint that it… Read more »