Richmond developer Justin French was released from Richmond City Jail after being arraigned on nine felony counts. Plus, BizSense has learned who was supposed to be paid by the bad check.
Justin French
French arrested at Richmond International Airport
Embattled developer Justin French was arrested by a Virginia State Police officer early this morning at Richmond International Airport.
French tax credit records raise red flags
State records obtained by Richmond BizSense show that developer Justin French has received an unusually large amount of tax credits for renovating historic buildings. Several contractors said that the rehab costs reported by French in his tax credit applications are close to double the typical range.
Feds raid French’s office, developer goes off the radar
Agents take computers and boxes of documents from embattled developer Justin French’s office, and sources say the investigation centers on potential fraud related to historic tax credits.
French saga takes new twist
An embattled developer’s plan to wrest control from an investor might not be working quite as planned.
Union First sues Justin French
Union First Market Bank filed a lawsuit filed last Friday seeking to place seven of his properties, for which they hold the deed of trust on, under receivership by court order.
In development feud, writing is on the wall
It’s not often that a spat over tax credits inspires graffiti artists. Developer Justin French said he supports the local artists who painted messages on the exterior walls of the Scott’s Addition industrial property they rent from him, messages not so subtly aimed at French’s tax credit purchaser for the renovated building at 1509 Belleville… Read more »
French’s bills pile up
A dispute between a Richmond developer and one of his investors has left several local contractors in the lurch, and at least one has already sued.
‘Strategic’ default?
One of the most active developers in the City of Richmond is letting some of his property go into foreclosure so that he can expel an investor and renegotiate his loans with his bank. That investor happens to be one of the biggest companies in Richmond.
Solar contractor expands his orbit
One of Richmond’s solar contractors has started a firm that he hopes can better compete for work across the Mid-Atlantic region, and another local builder is investing in the company.