Virginia Beach
Pembroke Realty to Build 156-Unit Senior Living Community in Virginia Beach
Pembroke Realty Group and Beth Sholom Village have announced plans to construct a seven-story senior living community in Virginia Beach.… Read more
Berkadia Secures $81M Refinancing for Virginia MF Portfolio
Berkadia has secured $81.7 million in combined refinancing for a three-property multifamily portfolio in Virginia. The portfolio consists of Eagle… Read more
Hotel Performance in Drive-To Destinations Expected to Recover Earlier
The early innings of the lodging sector’s recovery this year will skew toward properties in drive-to destinations, says CBRE. Additionally,… Read more
Standard Communities Acquires Seniors Housing Property in Virginia Beach for $22M
Standard Communities, the affordable housing division of Standard Companies, has acquired The Commons at Princess Anne, a 186-unit affordable apartment… Read more
Mid-Atlantic Retail Portfolio Trades for $90M
Slate Retail REIT has acquired a seven-property, grocery-anchored retail portfolio in the Mid-Atlantic for $90 million. The portfolio totals 623,770… Read more
Berkadia Arranges $67M in Virginia Deals
Berkadia’s Richmond, VA office closed two separate HUD transactions totaling nearly $67 million for properties in the Hampton Roads and… Read more
Armada Hoffler Pauses 3 Projects, Pushes Ahead with 2
Armada Hoffler Properties said it would defer its previously announced Charlotte-area Chronicle Mill and Ten Tryon developments, and the Atlanta-area… Read more
Slate Retail REIT Acquires Mid-Atlantic Retail Portfolio for $107M
Slate Retail REIT has entered into an agreement to acquire a seven-property, grocery-anchored retail portfolio in the Mid-Atlantic and Southeast… Read more
Gen Z Ready to Buy Homes, Competition Remains Fierce
The oldest members of Gen Z are now 22 years old and beginning to enter the homebuying stage of their… Read more
Hamilton Zanze Snags 196-Unit Virginia Beach Apartment Community
San Francisco-based real estate firm Hamilton Zanze has acquired Indigo 19, a 196-unit, five-story apartment community in Virginia Beach. The… Read more
Hunt Provides $40M Bridge Loan for Virginia Beach MF Property
Hunt Real Estate Capital has provided a $39.5 million bridge loan to finance the acquisition and renovation of Mayflower Apartments,… Read more
BB&T Real Estate Provides Acquisition Financing for 243K-SF Retail Center in Virginia
BB&T Real Estate Funding has provided acquisition and renovation financing for Fairfield Shopping Center, a 243,031-square-foot grocery-anchored retail center in… Read more
Sears Hometown Sells Outlet Business for $133M
Sears Hometown and Outlet Stores, which spun off from Sears Holdings prior to the parent company’s bankruptcy, is selling its… Read more
Seattle, Louisville, Indianapolis Rank Highest for Most Profitable Businesses
By Zoe Stutman Starting a business is no easy feat; in fact, it can be quite daunting juggling a host… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more
Berkadia Completes Virginia Beach MF Sale, Secures Construction Loan for Fla. MF
Berkadia arranged the $68.65 million sale of Maple Bay Townhomes, a multifamily property in Virginia Beach, VA (pictured). Jeff Coles,… Read more
NYC Family Offices Make Apartment Deal in Downtown Fort Wayne
Besyata Investment Group and the Scharf Group have acquired Three Rivers Apartments in Fort Wayne, IN for $32.25 million. The… Read more
New York Investor Secures Financing for 1,700-Unit MF Portfolio
Don’t miss Connect National Investment & Finance on Oct. 18 to hear what industry leaders and major stakeholders have to… Read more
Chicago Leads in Share of Homeowners Who Can’t Afford to Move
Among all U.S. metro areas, Chicago ranks second only to Virginia Beach in the percentage of homeowners with underwater mortgages,… Read more