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News
New rent-controlled housing development aims to ease Norfolk rental shortage
1+ week, 3+ day ago (656+ words) Construction has begun on Benjamin Villas, a new rent-controlled, tax-credit housing project that will bring 28 new units to Norfolk. This is one of the new duplexes being built for the ongoing Benjamin Villas project. Construction is underway on Benjamin Villas,…...
Norfolk Shop Condos reaches milestone, construction set to begin on phase 2
2+ week, 3+ day ago (707+ words) The phase 2 development is expected to take about four to five months to construct once work begins, although co-developer Bryce Hinrichs said the exact timeline remains uncertain as details are still being finalized. The second phase will add 16 units to…...
Stanley Martin Homes Advances Norfolk Redevelopment Initiative Following Rezoning Approval
2+ week, 4+ day ago (186+ words) Aerial View of Granby Street + Stanley Martin Homes Norfolk Redevelopment, Lafayette Row Subject to final site plan approvals, Stanley Martin Homes plans to develop Lafayette Row, a townhome community featuring homes ranging from approximately 1,943 to 2,150 square feet. The homes are…...
Public Records: S.L. Nusbaum commits to another 10 years in downtown Norfolk; Virginia Beach hotel portfolio sells
3+ week, 6+ day ago (1425+ words) Cushman & Wakefield | Thalhimer Industrial Realty Group LLC purchased a 100,160-square-foot industrial/distribution building on 13.95 acres at 1401 Progress Road in Suffolk from Berry Plastics Design LLC for nearly $5.6 million as an investment. Geoff Poston and Taylor Anderson represented the seller. Property…...
New apartment complex adding 166 units to Norfolk housing market
1+ mon, 3+ week ago (1305+ words) John Lee Hoich and other partners cut the ribbon at a ceremony on Wednesday. Bill Harvey (from left), owner of Big Red Keno; Spencer Lombardo, PURE Property Management; Kaleb Blythe, partner; John Hoich, owner and developer; and Jenny Hausmann, property…...
Cities with the most expensive homes in the Norfolk metro area
2+ mon, 2+ week ago (94+ words) The typical home value in the United States was $368,720 in May, 0.8% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of June 11, the Stacker compiled a list of cities with the most expensive…...
A Virginia man struck a deal to get homeowners a 'life changing' payout in $500 million data center deal — but not everyone wants to sell - AOL
3+ mon, 3+ day ago (920+ words) It sounds like an offer that the 143 homeowners in The Regency, a Virginia housing community, couldn't refuse: a roughly $4.4 million payout to sell their houses to a data center developer (1). The ultra-rich use these 5 real estate strategies to build wealth…...
Pamunkey Tribe buys historic Virginia estate, considers turning it into a B&B
3+ mon, 2+ week ago (494+ words) KING WILLIAM — The Pamunkey Indian Tribe has purchased a historic King William County estate that figured prominently in watershed events during the colonial era. The tribe recently closed on the sale of Windsor Shades, a 13-acre property along the Pamunkey…...
Virginia Beach developers launch firm to turn complex jobs into streamlined projects
3+ mon, 3+ week ago (384+ words) Over the past several years, Gold Key | PHR and McLeskey have partnered on a number of projects. Together, the development companies have delivered over $1 billion in development and construction projects. Through their collaboration, the two Virginia Beach companies with deep…...
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…...