Richmond
US Cabinet Depot Signs 200K-SF Richmond Lease
US Cabinet Depot, a distributor of kitchen and bathroom cabinetry, has signed a lease with MacKenzie Investment Group for 194,400… Read more
RentCafe Says Adaptive Reuse on the Rise, YoY Growth is 17%
A recent article from RentCafe reported that adaptive reuse projects gained steam in 2023. Specifically, 17.6% more apartments were converted… Read more
CRC Acquires 160K-SF Richmond Retail Center
Continental Realty Corporation (CRC) has expanded its real estate portfolio with the acquisition of Gayton Crossing, a 160,830-square-foot shopping center in Richmond,… Read more
DC Developer Warrenton Group Bids for Virginia Casino
The Warrenton Group, led by CEO Warren Williams, is among the contenders for developing a new casino in Petersburg, Virginia.… Read more
Time Equities Picks Up Sam Houston State Student Housing Complex
Time Equities (TEI) acquired The Armory at Sam Houston, a student housing complex located at 2257 Sam Houston Avenue in Huntsville,… Read more
Northmarq Arranges $158M Refi for Richmond MXU
Northmarq’s Debt + Equity team in Richmond, consisting of Mike Lowry, Keith Wells, Win Martin, and Jason KaplanÅ, secured approximately… Read more
Talks End on Wizards, Capitals’ Move to Virginia
Negotiations to move the Washington Capitals and the Washington Wizards to Northern Virginia have ceased, with Alexandria announcing the end… Read more
Walton Global Sells 48 Acres to D.R Horton
Walton Global has sold Phase I of the Ladysmith Village Master Plan, covering 48.246 acres to D.R. Horton, the nation’s… Read more
Capital Square Names Jay Olander as President, CFO
Capital Square has appointed Jay Olander as president and CFO, also leading Capital Square Apartment REIT, Inc. With over 40… Read more
JLL Mid-Atlantic Retail Team Announces Leadership Change
JLL has appointed Jeff Bach to oversee retail leasing in the Mid-Atlantic region, bringing nearly 30 years of commercial real… Read more
Capital Square Sells Richmond MF for 156% Return to Investors
Capital Square finalized the sale of Summit at Bon Air Apartments, a 296-unit multifamily community in the Richmond suburb of Bon… Read more
Berkadia Expands Mortgage Banking Platform
Berkadia has hired Hunter Wood as senior director in its Richmond, Virginia office. Wood will be arranging debt and equity… Read more
Richmond MF Housing Lands $34M
KeyBank Real Estate Capital has arranged a $34.1 million Fannie Mae non-recourse, first mortgage loan for the acquisition of Courthouse… Read more
Mesa West Provides Acquisition Debt for Richmond Industrial
Mesa West Capital provided an affiliate of the Matan Companies with $34 million in short-term first mortgage debt for the acquisition of… Read more
146-Room Renton Residence Inn Bought for $55M
MCR, the country’s third-largest hotel owner and operator, has completed the sale of the 146-room Residence Inn by Marriott Seattle… Read more
SIORs on Industrial’s Challenges: Costs and Availabilities
For both industrial real estate owners and tenants, managing costs is top of mind in the current market, while for… Read more
Richmond Shopping Center Sold for $18M
An affiliate of Hackney Real Estate Partners has acquired Merchants Walk, a grocery-anchored shopping center located on West Broad Street… Read more
Steinbridge Activates $1.3B Impact Strategy With $50M Seed Venture
The Steinbridge Group has partnered with the FrontRange Co-GP Property Fund, an affiliate of FrontRange Capital Partners, in a $50… Read more
Liberty Investment Partners Acquires Richmond Retail Center for $10M
Liberty Investment Partners, a real estate private equity firm based in Raleigh, North Carolina, has acquired The Shops at Wellesley… Read more