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Roanoke apartments sell for $14.6M
Building includes 82 units
Gramercy Row Apartment Residences has a new owner. Tazewell Development LLC sold the 82-unit apartment community with ground floor commercial space in downtown Roanoke to a private investor group for
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Industrial property in Richmond sells for $3.7M
Property is 100% leased
Published
Warwick Trade Center, a 38,056-square-foot flex industrial property in south Richmond, has been sold for $3.7 million, according to Cushman & Wakefield | Thalhimer. CIG 6290 RFO LLC, an affiliate
Danville Quality Inn sells for nearly $5M
Hotel has 58 rooms
Published
A Quality Inn hotel in Danville with 58 rooms has changed hands. Anil Patel purchased the hotel located at 2175 Riverside Drive in Danville from Riverside Motel Corp. for $4.275
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Roanoke Days Inn sells for $3M
New owner has renovations planned
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A Roanoke Days Inn has a new owner. Saul Urban LLC purchased the 165-room hotel, located at 601 Orange Ave., from Shri Sainath Enterprises LLC for $3 million, according to
Sky-high rents
Hampton Roads residential market tightens
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The Navy man sat in Barbara Gatewood Sgueglia’s office in tears. His rent was being raised from $1,600 to $2,750, and with several children and his wife in school, he
Under construction
Projects currently in the works or recently completed in Hampton Roads
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Hampton Roads Bridge-Tunnel Hampton and Norfolk Construction is underway along 10 miles of the Interstate 64 corridor from Hampton to Norfolk on the $3.9 billion Hampton Roads Bridge-Tunnel expansion project.
A welcome respite
Residential market cools after frenzied spring
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While the spring was red-hot for the residential real estate market, conditions are expected to cool off in the fall. “The market is definitely stabilizing,” says Liz Moore, board president
A slow shift
Housing market starting to soften
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Jeremy Caleb Johnson is advising clients preapproved for a mortgage loan at the beginning of 2022 to adjust expectations. The price of houses they may have looked at just months
Virginia Realtors elect Winchester broker as prez
Katrina M. Smith to lead group
Published
Virginia Realtors, the state’s largest trade association, has a new president and slate of officers for 2023. Katrina M. Smith, of the Blue Ridge Association of Realtors, will lead the
17th Street Lofts sells for $4.65M in Richmond
One South Commercial represented seller
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An apartment building in the city of Richmond has changed hands. BP I LLC purchased the 17th Street Lofts, located at 329-333 Oliver Hill Way, from 333 Oliver Hill LLC