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Orvis to keep operations in Roanoke while relocating warehouse
Orvis will keep Roanoke operations while relocating its warehouse, retaining 60 jobs with support from a city grant.
Weinstein buys West Creek apartment complex for $115M
Weinstein Properties last week purchased a 373-unit apartment complex in Goochland from Capital Square for $115 million.
Trump cancels signing of bipartisan US housing bill
U.S. President Donald Trump canceled the signing of bipartisan legislation aimed at speeding up affordable housing construction amid national emergency claims.
Cavalier Hotel resort sold to Connecticut firm
The Cavalier Resort at Virginia Beach’s Oceanfront has been sold to Connecticut-based real estate investment firm Wheelock Street Capital.
Dragas unveils plans to redevelop Virginia Beach National Golf Course
The Dragas Cos. announced Tuesday a proposal to purchase and renovate the Virginia Beach National Golf Course.
Amazon to build massive New Kent distribution center
Amazon plans a 1 million-square-foot distribution center in New Kent County, with construction starting this month.
US homebuilder sentiment falls in June amid rising costs
U.S. homebuilder sentiment dropped in June as rising mortgage rates and construction material costs strain the housing market, says NAHB survey.
US existing home sales increase more than expected in May
U.S. existing home sales increased 3.2% in May to 4.17 million units, exceeding forecasts despite rising mortgage rates and tight inventory.
Spatial Front to relocate HQ to Arlington, creating 450 jobs
Spatial Front will soon relocate its corporate headquarters from Bethesda to Crystal City in Arlington County, creating 450 jobs in Virginia.
Virginia housing market maintains momentum in April
Virginia’s housing market continued to rise in April, with sales and new listings outpacing last year amid strong buyer demand.
Appalachian Power buys Henry County’s Patriot Centre II
Appalachian Power purchased 1,202 acres at Henry County’s Patriot Centre II for future development options.
CoStar facing multiple antitrust accusations in lawsuits
CoStar Group faces three federal antitrust lawsuits alleging monopolistic practices in commercial real estate data across Virginia, California, and D.C.
