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Bankruptcy blocks Jefferson foreclosures

Bankruptcy blocks Jefferson foreclosures

Burl Rolett July 31, 2014 0

The imprisoned developer's real estate holdings got a reprieve from foreclosure on Wednesday evening after two last-minute bankruptcy filings.

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Industrial space hits its post-recession stride

Industrial space hits its post-recession stride

Burl Rolett July 31, 2014 0

It’s a good time to own a warehouse in Richmond as a recent run of large industrial leases in the area has pushed vacancy rates to their lowest levels in years

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VCU gobbles up more real estate

VCU gobbles up more real estate

Burl Rolett July 30, 2014 3

The school’s acquisition of a West Grace Street apartment building could be the next piece of more than $100 million worth of construction underway along the five-block stretch between Ryland and Belvidere streets

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Builders swap lawsuits

Builders swap lawsuits

Burl Rolett July 29, 2014 0

Two prominent Richmond builders are taking aim at one another in court over a Scott’s Addition apartment project once owned by Justin French.

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After a long trek, hostel project moves forward

After a long trek, hostel project moves forward

Burl Rolett July 29, 2014 0

An international company has taken its first visible steps toward the creation of a $2.8 million downtown hostel that will be aimed at young, budget-conscious travelers

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Downtown’s Signet Bank buildings under contract

Downtown’s Signet Bank buildings under contract

Burl Rolett July 28, 2014 0

A developer has a $25 million plan to turn the old Signet Bank complex into nearly 200 apartments, adding the property to a growing list of downtown conversion projects.

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Work begins on Broad Street hotel

Work begins on Broad Street hotel

Burl Rolett July 25, 2014 1

Ted Ukrop has started a new hotel renovation project that includes two West Broad Street buildings and will also house his wife's art gallery.

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Dueling lawyers ally on fate of Jefferson properties

Dueling lawyers ally on fate of Jefferson properties

Burl Rolett July 24, 2014 0

Defense and prosecuting attorneys have agreed that incarcerated developer Billy Jefferson’s 29 local properties should be kept from going to foreclosure auction next week.

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Clouds clear for foreclosed Henrico hotel

Clouds clear for foreclosed Henrico hotel

Burl Rolett July 23, 2014 0

A hotel near the Altria and Genworth headquarters sold last week for $2.2 million to a hotelier with another property about a mile up the road.

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Gumenick’s new project lands office tenant

Gumenick’s new project lands office tenant

Burl Rolett July 23, 2014 1

The Libbie Mill mixed-use project has filled its first office space with the addition of a health nonprofit. The development’s grocery store anchor is set to open next week.

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