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AvalonBay discussing merger with Equity Residential, Bloomberg reports
Arlington-based AvalonBay Communities is in early discussions about a potential merger with Chicago-based rival Equity Residential.
Richmond site for planned multifamily building sells for $6.36M
A developer bought a roughly 2-acre site near the Diamond District in Richmond for $6.36 million in mid-April, with plans for redevelopment.
Henrico to sell Crossings Golf Club to N.C. company
McConnell Golf plans a roughly $9 million investment to acquire and redevelop the 268-acre The Crossings Golf Club in Henrico County.
$132M redevelopment of former Greyhound station in Richmond planned
New York firms are planning a $132 million redevelopment of the former Greyhound bus station site in Richmond.
Divaris appoints managing principal broker of D.C. regional office
Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C., regional office.
Lumber Liquidators moving HQ, warehousing out of Virginia
Lumber Liquidators is relocating its headquarters and distribution operations from Henrico County to Tennessee.
Harbor Group International to purchase 11 multifamily properties for $562M
Harbor Group International plans to purchase 11 multifamily properties from Virginia Beach-based AH Realty Trust for $562 million.
TowneBank sells resort property management segment for $250M
Suffolk-based TowneBank announced Monday it has sold its Towne Vacations division for $250 million to Bellcrest Vacations Acquisitions.
Virginia sees homes sales growth in February
Virginia home sales climbed in February as improved inventory and lower mortgage rates boosted buyer activity, according to Virginia Realtors.
CoStar amends lawsuit against Zillow, alleging further copyright violations
CoStar Group last week filed an amended complaint against Zillow, alleging that the company continued to infringe on its copyrighted images.
Kuhn buys industrial park in Manassas for $90M
JK Land Holdings purchased the 240,000-square-foot Redstone Industrial Park in Manassas from Dogwood Industrial, expanding its industrial real estate portfolio.
Roanoke commission moves forward with plans for Hotel Roanoke sale
While advancing plans to sell the Hotel Roanoke & Conference Center, the Hotel Roanoke Conference Center Commission prepares for a $12.7 million bond payoff
