Recent Articles from Robyn Sidersky
Meet SBA’s Va. small biz person of year
Jeri Prophet joined the Navy on a whim. She had been attending Arizona State University, saw a recruiter sign, and headed for the office. “Some people buy new shoes. I joined the Navy,” she recalled. She served 10 years in the Navy, first as a data systems analyst and left as an information systems technician. […]
‘Novel’ project will add 275 apartments to Scott’s Addition
Crescent Communities, ParkProperty Capital and Thalhimer Realty Partners are developing a 275-unit apartment community in a joint venture on the border of Richmond’s fast-growing Scott’s Addition neighborhood and the city’s planned Diamond District. Dubbed “Novel Scott’s Addition,” the community will be located at the former Wesco Distribution Site at 2902 North[...]
78-unit apartment complex planned for Petersburg
A 78-unit apartment complex will be developed on a four-acre piece of land recently purchased in Petersburg, Colliers announced Thursday. Thalhimer Realty Partners purchased the High Street Land Development from Monroe Properties for $875,000, according to Colliers. Thalhimer will develop the apartments across two phases: With construction starting in 2023, the first phase will feature […]
Goodwin House acquires Hermitage Northern Va.
Not-for-profit senior living and health care organization Goodwin House Inc. has acquired Hermitage Northern Virginia, a senior living community in Alexandria, from Pinnacle Living. The financial terms were not disclosed. Hermitage has 100 residents and more than 100 employees and offers independent living, assisted living and long-term care. It has two residential buildings and a […]
Cortland to invest $1B in Arlington apartments
Cortland, an Atlanta-based multifamily real estate investment, development and management company, will invest $1 billion in four Arlington apartment communities totaling more than 1,500 units, marking the company’s reentry into the metro Washington, D.C., market. The four properties include the 331-unit Aubrey apartment building — rebranded by Cortland as Cortland Rosslyn — and the 534-[...]
Tegna shareholders approve $5.4B sale to hedge fund
Tysons-based broadcast and digital media giant Tegna Inc.’s shareholders approved an agreement at a special meeting Tuesday for the sale of the company to an affiliate of New York hedge fund Standard General. On Feb. 22, Tegna announced it would be acquired in a $5.4 billion cash deal by an affiliate of Standard General LP. […]
Va. Tech names 2 engineering department heads
Two departments in Virginia Tech’s College of Engineering will have new leaders beginning this summer, the university announced this week. Suneel Kodambaka has been named head of the Department of Materials Science and Engineering and will start July 1, and Ella Atkins will be head of the Kevin T. Crofton Department of Aerospace starting Aug. […]
Metro CEO, COO resign, effective immediately
Paul J. Wiedefeld, general manager and CEO of the Washington Metropolitan Area Transit Authority, is stepping aside, effective immediately instead of June 30, as he had planned, according to a statement he released Monday night. “I have decided to make my retirement effective today to provide a more timely transition to Interim General Manager Andy […]
Chesapeake office park sells for $5.7M
Poplar Hill Medical Center, a four-building medical office park in Chesapeake, has sold for $5.7 million, Divaris Real Estate Inc. announced Thursday. Texas-based real estate fund manager Woodside purchased the park in December 2020 and sold it to Charlottesville-based Seminole Trail Properties in a deal that closed May 6. When Woodside bought the property, it […]
Va. Beach’s Frank Lloyd Wright house is for sale
A Virginia Beach house designed by famed architect Frank Lloyd Wright is back on the market for just under $3 million. The 3,020-square-foot home at the city’s North End, on Crystal Lake, was designed in 1953 for Andrew and Maude Cooke and completed in 1959. Maude Cooke wrote a letter to Wright seeking a design […]