CoStar completes $1.9B acquisition of Domain
CoStar Group announced Wednesday that it has completed its $1.9 billion acquisition of Australian property listings platform Domain.
Former Tyson Foods plant in Hanover sells for $5M
The former Tysons Food plant in Hanover County sold for $5 million.
Days houses spend on market increases across Virginia
Houses are spending longer on the market than during the same period last year in Northern Virginia, Hampton Roads and Central Virginia. However, median sales prices in all three regions have increased over 2024. Northern Virginia The Northern Virginia Association of Realtors reports that 1,612 units were sold in July — a 1.6% decrease over […]
Homeowners turn to cash-out refinancing to take advantage of big gains in home equity
U.S. homeowners are cashing in on record equity, pulling an average $94K via cash-out refis despite high mortgage rates.
Averett plans $18.15M sale-leaseback of North Campus
Averett University, which is weathering a financial crisis, seeks bondholder approval of an $18.15M sale-leaseback of its North Campus
Virginia Beach solicits development proposals near convention center
The Virginia Beach government is seeking proposals from developers for a commercial or residential project near the city’s convention center.
Rheinmetall subsidiary relocates U.S. hub to Fairfax
Rheinmetall has relocated the headquarters of two of its U.S. subsidiaries to a new, 10,000-square-foot space in Fairfax County.
Thalhimer taps new commercial property services leader
Cushman & Wakefield | Thalhimer announced that Jim Roman has joining the company as new leader of commercial property services.
CoStar sues Zillow for alleged copyright infringement
CoStar Group has sued Zillow, claiming that the real estate website is using its copyrighted images illegally.
Eight Northern Virginia medical offices sold in joint venture
Remedy Medical Properties and Kayne Anderson Real Estate recently acquired eight Northern Virginia medical office buildings.
Carilion to build first two freestanding emergency departments
Carilion Clinic on Tuesday announced plans to open two freestanding emergency departments offering 24/7 emergency care.
Chesapeake approves 130+ condo development
Chesapeake City Council last week approved a rezoning request that will allow for the construction of up to 137 condo-style units.