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News
Middleburg, HGI Secure Construction Financing for 299-Unit Multifamily Development in Richmond
5+ mon, 1+ week ago (257+ words) RICHMOND, VA. — A joint venture between Northern Virginia-based developer Middleburg and affiliates of Harbor Group International (HGI) has secured construction financing for Scottwood, a 299-unit multifamily development located at 4400 W. Broad St. in Richmond. Truist Bank provided an undisclosed amount…...
Virginia Housing takes possession of Model Tobacco building after foreclosure auction
5+ mon, 2+ week ago (607+ words) Jonathan Spiers March 27, 2026 0 The Model Tobacco building at the center of imprisoned developer Chris Harrison’s legal troubles is now in the hands of the state’s housing authority, following a foreclosure auction held Thursday morning. Virginia Housing, the noteholder on a…...
Richmond housing market update: The Baby Boomer Effect
6+ mon, 1+ week ago (635+ words) RICHMOND, Va. — When Adrienne and Drew Cleveland decided to sell their home in Henrico's West End and relocate to Richmond's Northside, they quickly discovered what many buyers in the area already know: finding the right home in this market takes…...
Richmond expected to be among most competitive housing markets this year, Zillow analysis shows
8+ mon, 3+ day ago (256+ words) Richmond's housing market is expected to be among the most competitive in the country in 2026, according to a new analysis from Zillow. â Richmond's housing market is expected to be among the most competitive in the country in 2026, according to…...
Open House: Richmond’s highest-priced home sales of 2025
8+ mon, 1+ week ago (1125+ words) Jonathan Spiers December 31, 2025 0 The year in high-end home sales brought with it one of the largest purchase prices in metro Richmond in years, as well as plenty of transactions above the $3 million mark, including three off-market deals. A local law…...
Industrial+park+near+Richmond+airport+sells+for+%24142M
10+ mon, 1+ week ago (356+ words) Industrial park near Richmond airport sells for $142M Rockpoint bought 8-building property from Equus Katherine Schulte //November 5, 2025// An eight-building industrial park near the Richmond International Airport in eastern Henrico County sold for $142 million, according to news releases this week. Boston-based real…...
NoVA-based developer Middleburg making mark in Richmond with $267M project pipeline
11+ mon, 5+ day ago (1109+ words) Jonathan Spiers October 8, 2025 0 After wrapping up its first project in the region, a newer player in Richmond’s residential development scene is hitting milestones on two others on both sides of the river while teeing up its next one closer to…...