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Virginia Real Estate Industry News

Atlanta-based New Realm Brewing to take over Green Flash facility in Virginia Beach

04/18/2018 An Atlanta brewery has purchased Green Flash Brewing Company's equipment and apparently intends to move into its Virginia Beach brewery and taproom, according to the building's owner. New Realm Brewing, which opened a restaurant and brewery in Atlanta in ...

A major real-estate fund is making a $10 million bet that Amazon will choose the Washington, DC area for its second headquarters

04/18/2018 A major real-estate fund is betting that the tech giant will pick a site in Northern Virginia, specifically an Arlington neighborhood called Crystal City. According to Bloomberg, Third Avenue Real Estate Fund has bought $10 million in shares in JBG Smith ...

900 N Taylor St Apt 629, Arlington

04/13/2018 900 N Taylor St Apt 629, Arlington, VA 22203 is a condo/townhome/row home/co-op for sale, and has been listed on the market for 1 day. 900 N Taylor St Apt 629 is in the Ballston - Virginia Square neighborhood, which has a median listing price of $124,900.

Q&A: How the new tax law will affect residential real estate

04/05/2018 It also has its $25 million Built World Fund to invest in real estate and construction-related startups ... of mortgage interest might impact 3 percent of the mortgages in Virginia, 3 percent of the mortgages in Maryland, and maybe up to 15 or 17 percent ...

The Latest: China-US tariff row: Virginia farmers will hurt

04/05/2018 So new tariffs could jeopardize businesses dealing in Virginia soybeans, pork ... a Maryland firm that specializes in servicing troubled commercial real estate loans. The building at 5747 Executive is visible from Interstate 70 and has some 12,000 square ...

Virginia ABC stores closed Easter Sunday

03/29/2018 All Virginia ABC stores will be closed on Sunday ... If you are looking to start investing in something but unsure about going into the stock market, consider real estate as an option. Although the real estate market can still be volatile, it won ...

Montecito Medical buys Virginia Eye Consultants building in Norfolk

03/26/2018 Montecito Medical Real Estate, an owner of medical office buildings throughout the U.S., has acquired the Virginia Eye Consultants medical office building and ambulatory surgery center in Norfolk. The price was not disclosed. The 34,177-square-foot ...

33 Virginia Ave, Marlborough

04/02/2018 33 Virginia Ave, Marlborough, MA 01752 is a mfd/mobile home for sale located in the Marlborough neighborhood. Browse realtor.com® for nearby schools and neighborhood information. Find homes similar to 33 Virginia Ave within your price range. Get the basic ...

Albemarle Supervisors Ask WV Governor to Pay Real Estate Taxes

03/28/2018 West Virginia Governor Jim Justice owes Albemarle County almost $150,000 in tax money, and supervisors are asking him to pay up. James C. Justice Companies owns the 4,500 acres of land off Buck Island and Martin Kings Road. It has not paid real estate ...

Trump attends dinner at home of real estate developer

03/28/2018 Tuesday, March 27, 2018. (AP Photo/Carolyn Kaster) WASHINGTON (AP) — President Donald Trump has attended a dinner in Virginia at the home of a real estate developer who hosted a fundraiser for him in 2016. The Tuesday night event was organized by the ...

Williams Mullen Bolsters Real Estate, Land Use Practices with Addition of Tom Johnson

03/22/2018 finance and develop their real estate portfolios.” In addition, he adds to the firm’s already strong land use depth in several markets in Virginia, which includes Valerie Long leading the firm’s efforts in Charlottesville; Preston Lloyd leading the ...

Current Real Estate Markets Strong as Inventories Remain Low

03/20/2018 The Virginia Real Estate Indexes are mixed. The index for current real estate conditions rebounded from a six-month drop and finished close to its historical record from May 2017, while the index for the future real estate conditions remained strong ...

Luxe Virginia | Luxury Real Estate | Virginia

03/20/2018 Removed from the hustle and bustle of larger cities, but just a stone’s throw from D.C. and Richmond, Central Virginia is a most unique setting. Rich with history, nature and charm, it’s a special place of lush, rolling hills, verdant horse farms and ...

Score Virginia's Most Expensive Piece Of Real Estate For A Discount

03/20/2018 This Warrenton, Virginia property has everything and then some. The circa-1776 stone manor home sits on a small fraction of the estate's 1,471-acre entirety. Within the whopping 38,500-square-foot mansion are 22 bedrooms and 16 bathrooms. (Should be a ...

First Look: Virginia Beach’s Cavalier Hotel

03/15/2018 Muhammad Ali, Elizabeth Taylor, Frank Sinatra, and Bing Crosby all partied in the famed Crystal Ballroom at the circa-1927 Cavalier Hotel in Virginia Beach ... a local hospitality and real estate management firm, purchased the aging grande dame.

Annual real estate market review shows improvement for Hampton Roads

03/14/2018 “Virginia and Norfolk serve a critical role as a gateway to ... Jeremy McLendon, president and managing partner of CCP Community Real Estate, said he started his career in commercial real estate in 2006. “I got to witness the boom time in the market ...

CBRE Locks Up $152M In Financing For Va. Office Building

03/12/2018 Law360 (March 12, 2018, 5:29 PM EDT) -- CBRE Group Inc. said Monday that it has secured $152 million in financing for real estate investment and management firm Harbor Group International's acquisition of a 13-story office building in Herndon, Virginia ...

Zephyr Real Estate Presents 2017 Top Producer Awards

03/12/2018 SAN FRANCISCO, March 12, 2018 (GLOBE NEWSWIRE) -- Zephyr Real Estate has announced its Top Producers for ... Office); The Gullicksen Group with Tim Gullicksen, Jonathan Davis and Virginia Thackwell (No. 1 Team Pacific Heights Office); The Valandra Group ...

Breakthrough in Virginia on Metro funding: Lawmakers approve $154 million

03/10/2018 which would have fallen on real estate transactions and hotel stays. Instead, money was found by diverting revenue from other priorities. The breakthrough in Virginia — which has never approved dedicated funding for Metro despite repeated efforts in ...

Distinctive Women: Virginia Rose

03/04/2018 Virginia Rose, president of Lewith & Freeman Real Estate in Kingston, has been selected by the Times Leader as one of 20 Distinctive Women in Northeastern Pennsylvania. Rose was born and raised in Kingston and said she was fortunate to grow up in a loving ...

Virginia Beach's Lauren Burnham has Fantasy Suite experience on "The Bachelor"

02/26/2018 Virginia Beach native Lauren Burnham was heard to say, “I would be devastated if I had to go home now.” Relax, Lauren. She has survived until the very last round of competition to hook up with real estate broker and former race car driver Arie Luyendyk ...

Real estate office, 12 apartments dial into the Bottom

02/26/2018 The Virginia Tech graduate covers residential real estate, the advertising/marketing industry, public companies and other news. Reach him at [email protected] or (804) 308-2447.

West Virginia Rises

02/28/2018 Public educators give; coal and fracking take. Right now, West Virginia rewards the latter over the former. Jim Justice’s coal companies owe the state of Kentucky $1.92 million in unpaid real estate taxes, but he remains the richest man in West Virginia.

Virginia Offers Guidance For Confirming That Medical Verifications For Emotional Support Animals Are Legitimate

02/28/2018 To that end, the Virginia Real Estate Board and Fair Housing Board issued a Guidance Document evaluating Reasonable Accommodation Requests for Assistance Animals. Addressing the reliable medical verification concern, the guidance provides that professional ...

Northern Virginia Stands To Benefit From Congressional Budget

02/26/2018 WASHINGTON, DC–It has been clear that Northern Virginia’s commercial real estate community would benefit from the current regime in Washington, DC, with its focus on defense. A new research note from JLL drills into exactly where the most benefits will ...

2 new hotels planned near Virginia Beach amphitheater, hospital where none exist

02/21/2018 Virginia Beach has wanted the project for years. Sporting events and health care companies keep the area busy throughout the week, said Warren Harris, Virginia Beach's director of economic development. “We just saw a critical demand from those weekday ...

Investments in income-producing real properties

02/20/2018 More important, a 1942 Virginia statue allowed, for the first time, limited investments in income-producing real estate (also called “income real estate”). It excluded, though, real estate primarily for agriculture, ranch, mining and amusement purposes.

City, shipyard, real estate officials mark groundbreaking on new shipyard building

02/14/2018 Construction at 550 30th St. is scheduled to finish by some time next year, said Eric L. Smith, chief investment officer for Armada Hoffler, the Virginia Beach-based company that will construct and manage the building. The shipyard, a subsidiary of ...

Virginia Village-area apartments sell for $12.5 million

02/14/2018 Alpenhaus Apartments in the Virginia Village neighborhood have sold for $12.5 ... one of the senior advisors at Pinnacle Real Estate Advisors that represented the buyer in the transaction. “This will dramatically help re-gentrify this neighborhood ...

A Flurry Of Northern Virginia Property Sales

02/14/2018 This should not be surprising: Northern Virginia’s fundamentals are flourishing, a trend that is expected to continue thanks to the recent Defense-friendly budget deal. Erika Morphy has been writing about commercial real estate at GlobeSt.com for more ...

Virginia’s high-paying, windowless workplaces

02/12/2018 A new study by the Northern Virginia Technology Council confirms what is already known in the commercial real estate business: Northern Virginia has one of the largest concentrations of private sector data centers in the country, and with jobs that pay ...

Howard Hanna Acquires Atlantic Coast Real Estate

02/11/2018 Howard Hanna Real Estate Services has acquired Virginia Beach, Va.-based Atlantic Coast Real Estate (ACRE), the company recently announced. ACRE will have access to Howard Hanna’s exclusive Homes of Distinction Program and 100% Money Back Guarantee ...

PRP Completes Acquisition of Two Office Buildings Totaling 420,000 SF in Alexandria, Virginia

02/08/2018 WASHINGTON, February 8, 2018 (Newswire.com) - PRP announced today its acquisition of 4900 Seminary Road and 4825 Mark Center Drive in Alexandria, Virginia ... Star ratings for both buildings. PRP is a real estate investment management company with a ...

Established Hampton Roads Commercial Banker, Ed Putney, Joins Virginia Commonwealth Bank

02/08/2018 Prior to Monarch Bank, Putney spent 11 years with Gateway Bank and the merger with Bank of Hampton Roads, where he served as Director of the Real Estate Finance Group and the Virginia Beach Commercial Lending Group. He received his B.S. degree in Business ...

Groundhog Day and Predictions for the Spring Real Estate Market

02/08/2018 The message to Sellers: No need to sit out the market any longer, spring has begun in the Northern Virginia real estate market. It is important to work with a Realtor that is experienced and knowledgeable on how to navigate the rapidly changing market ...

Local developer launches real estate advisory company, eyes expansion into D.C., Va.

01/26/2018 A local developer has launched a new real estate advisory company, with the goal of expanding his reach into Washington, D.C., and Virginia. Aziz Housseini, the CEO of Baltimore-based AZ Group, has brought on a new partner and launched Fortis Advisory, a ...

Richmond developer, wife boost VT real estate program

01/25/2018 Virginia Tech alumni Willis and Mary Nolen Blackwood made a $2 million donation to the university’s Program in Real Estate, an undergraduate major that the couple has supported since its inception in fall 2013. Willis Blackwood, who graduated in 1972 ...

Redfin Mortgage now available in Virginia

02/02/2018 The company announced Thursday that it is now offering mortgages in Virginia. Redfin Mortgage currently offers ... 30-day closing guarantee gives homebuyers an edge in the current real estate market driven by low inventory and strong competition ...

Va. GOP member resigns, renounces party citing anti-immigrant sentiment

01/17/2018 McDaniel, who is a real estate agent in West Springfield, Virginia, said he is a political independent for the foreseeable future, regardless of the effect that might have on his future in public office. “There comes a point when I have to look at myself ...

Woman from Virginia Beach survives early rounds on ABC's "The Bachelor"

01/15/2018 Lauren Burnham, a 2015 graduate of Old Dominion University who lists Virginia Beach as her hometown ... is among the 18 bachelorettes still in the running for the affections of real estate agent/race car driver Arie Luyendyk Jr. He originally had 29 ...