State: Virginia - VA

Multi-Housing News PRG Real Estate has purchased Heather Lake, a 252-unit apartment property in Hampton, Va., for $45.5 million, or $180,556/unit. The Philadelphia investment manager bought the garden-style property, at 99 Tide Mill Lane, from Artcraft Management of Glen Allen, ...

A venture of the Meridian Group and Martin-Diamond Properties was the buyer of five JCPenney stores with nearly 900,000 square feet in the mid-Atlantic region. As previously reported, Copper Property CTL Pass-Through Trust sold the five stores for $53 million. They ...

Multi-Housing News A venture of Boosalis Properties and IDI Group has been approved to develop the Riverside Station mixed-use project in Woodbridge, Va.   Ground will break on the property, on a 19.2-acre site at 14110 Big Crest Lane, by the ...

Multi-Housing News American Real Estate Partners has acquired a 200,000-square-foot office building in Alexandria, Va., with plans to convert it into 200 apartment units and 17,500 square feet of retail space. The purchase price was not disclosed. The McLean, Va., ...

CBL & Associates Properties Inc., which previously had sought to buy back at a discount a $54.54 million loan against its Southpark Mall near Richmond, Va., is instead in late-stage negotiations to extend its term through June 2026. The loan ...