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New York company buys Chesapeake apartments for $34.8M
Fairstead is investing $34.8 million to acquire and renovate Landmark Apartments, a 120-unit affordable housing complex in Chesapeake.
ODU gets $15M gift from Brock to launch nutrition institute
Old Dominion University has received a $15 million gift to establish a nutrition and lifestyle medicine institute.
HII investing $28M for Hampton manufacturing facility
Newport News-based Fortune 500 contractor Huntington Ingalls Industries is investing $28 million to create an aircraft carrier and submarine manufacturing plant in Hampton, the city's mayor said Wednesday.
CBRE taps new leader for Richmond, Norfolk
Global real estate services and investment firm CBRE has promoted Sarah Cooley to managing director and market leader for southern Virginia.
Departing Port of Virginia CEO to join ferrying company
Virginia Port Authority CEO Stephen A. Edwards, who announced in November that he would be stepping down at the end of the year, will be CEO of ferry infrastructure company Hornblower Group at the start of 2026.
Apartment-style hotel coming to Hampton in 2026
North Carolina-based stayApt Suites plans to open a 103-suite hotel in Hampton, with an expected opening in summer 2026.
New York firm buys Chesapeake apartments as part of $58.2M portfolio
Newbrook Capital Properties announced this week it has acquired a 340-unit portfolio in the Virginia-North Carolina region for $58.2 million.
RVA757 Connects strategy calls for more digital infrastructure along corridor
RVA757 Connects unveiled its 2035 Global Internet Hub Vision Plan to position the I-64 corridor as a hub for digital infrastructure.
Edwards to step down as Port of Virginia CEO
Stephen A. Edwards is stepping down at the end of the year as the Virginia Port Authority's CEO and executive director to take a new job in the private sector, the Port of Virginia announced Monday.
Norfolk State receives record $50M gift from MacKenzie Scott
Norfolk State University announced Thursday that philanthropist MacKenzie Scott has donated $50 million to the university.
William & Mary to be U.S. hub for AUKUS submarine pact
William & Mary will be the U.S. academic hub for a multinational effort aimed at advancing the development of nuclear-powered submarines.
Regent University names law school dean
Regent University has tapped longtime administrator and faculty member S. Ernie Walton as the dean of the Regent University School of Law.
