Sprouses Corner, VA Real Estate and More

One Richmond Homebuilder Says ICE Crackdown Is Slowing New Home Construction

A Richmond-area homebuilder says stepped-up immigration enforcement is making it take longer to build new homes, part of a broader disruption builders across Virginia and Maryland say they've felt over the past several months. Richmond, Henrico and Chesterfield have recorded more than 2,700 deportation orders since October 2025, among the highest tallies of that kind in the state.

12onyourside.com

partner publisher · 4.8K followers

Richmond will relaunch tax sale program to collect unpaid real estate taxes

Richmond is relaunching its real estate tax sales program, an initiative aimed at collecting some of the more than $24 million in delinquent real estate taxes owed to the city right now.

Richmond, VA · 09-28

Axios Richmond

Builders say ICE enforcement is slowing Virginia construction

Data: National Association of Home Builders analysis of 2024 census data ; Chart: Emily Peck/Axios Stepped-up immigration enforcement is disrupting construction across Virginia and Maryland, a Richmond homebuilder says, slowing how quickly new homes can get built. Why it matters: Virginia's construction industry is more reliant on immigrant labor than the nation overall, with nearly 28% of its workers — and almost 38% of its trades workers — being foreign-born, per a National Association of Home Builders analysis of 2024 census data. That's compared with 26.3% of construction workers nationally. What they're saying: "ICE has had significant impacts to vendors throughout Virginia/Maryland in the last 90 days," a Richmond builder said in a survey conducted earlier this month by John Burns Research and Consulting." "This has had a major impact on cycle times and the ability to start new houses." Builders in Houston and Jacksonville similarly reported labor shortages, rising labor costs and construction delays tied to immigration enforcement. The intrigue: These remarks were unprompted and "completely unsolicited," says Rick Palacios, the consulting firm's research director. Meanwhile: Builders are simultaneously contending with rising mortgage rates rates, higher material costs driven by tariffs and the Iran war, and growing competition for

Virginia · 09-28

WTVR CBS 6

Can this 3D concrete printer help Virginia's housing crisis?

A robotic arm is printing concrete walls in 45 minutes — and Virginia Housing officials say the technology could be a key part of addressing the state's housing affordability crisis.

WTVR CBS 6

Current draft Richmond's Code Refresh leaves out right to build duplex

Richmond's Code Refresh debate continues as housing advocates and homeowners clash over duplexes and neighborhood character in the city's zoning rewrite.

WTVR CBS 6

Can a 3D concrete printer help Virginia's housing crisis?

legacynewspaper.com

partner publisher · 121.4K followers

Property purchases on Williamsburg Road launch‘Rebuild Henrico’ initiative,create opportunity for gateway to airport

Henrico County is acquiring two vacant properties on Williamsburg Road to position them for redevelopment to create a modern gateway to Richmond International Airport. Officials announced Tuesday the purchases of the Bowl America and All Day Inn properties as part of an enhanced countywide reinvestment initiative called “Rebuild Henrico.” It is designed to build on the county’s longstanding reinvestment efforts, which include using bond referendums to renovate or rebuild schools, fire stations and other public facilities as well as supporting private initiatives, such as the redevelopment of the Glenwood Farms apartment community as well as the Virginia Center Commons and Regency Square shopping malls.

Henrico County, VA · 09-25

WRIC - ABC 8News

Richmond leaders chart path to recover millions in overdue real estate taxes after years of lax enforcement

Richmond has revealed how it intends to recoup some of the more than $32 million in overdue real estate taxes it's owed. The city is reviving a program it hasn't used in years, but with several changes officials say make it more compassionate.

Richmond, VA · 09-28

seniorshousingbusiness.com

Bonaventure Launches $32M DST for Community in Richmond, Virginia

RICHMOND, Va. — Real estate investment firm Bonaventure has launched Aspire West End DST, a $32 million Delaware statutory trust (DST) offering investors fractional ownership in Aspire West End. Located in Richmond, Aspire West End totals 148 independent living units. Amenities at the community include an indoor swimming pool,...

Richmond, VA · 09-25

familydestinationsguide.com

This Virginia Town Is So Affordable, You Can Retire On Social Security Alone

Somewhere between Richmond and the North Carolina border, there’s a small Virginia city that’s quietly rewriting the rules of affordable living. Emporia, Virginia isn’t just a dot on the map, it’s a full life waiting to happen. Let’s be honest about something for a second.

Emporia, VA · 09-21

marejournal.com

Greenberg Gibbons launches new residential division

— Greenberg Gibbons has launched a new residential division, expanding on the firm’s in-house capabilities. Led by senior vice president David Bookhout, who brings deep expertise in multifamily development, the new division enables Greenberg Gibbons to directly plan and deliver residential communities as integrated components of its mixed-use destinations.

Richmond, VA · 09-26

WTVR CBS 6

Henrico purchases Bowl America, motel on Williamsburg Road for redevelopment

Henrico leaders are moving forward with the purchase of properties on Williamsburg Road as part of an effort to revitalize the corridor and attract opportunities near Richmond International Airport.

Henrico County, VA · 09-23

yieldpro.com

partner publisher · 121.4K followers

Bonaventure Launches $32M DST For Senior Living Property in Richmond Virginia

Bonaventure, a vertically integrated real estate investment firm with more than $2.9 billion in assets under management, announced the launch of the Aspire West End DST, a $32 million Delaware Statutory Trust (DST) offering accredited investors fractional ownership in Aspire West End, a 148-unit, purpose-built Class A independent living community in Richmond, Virginia. The DST is designed for investors seeking passive ownership, tax deferral, and investment exposure to institutional-quality real estate. Beneficial interests in the trust are structured to serve as replacement property for investors completing a Section 1031 exchange, with a minimum investment of $100,000.

Richmond, VA · 09-23

WRIC - ABC 8News

Unpaid real estate taxes still piling up in Richmond, path forward remains unclear

Richmond is still more than $32 million in the red in unpaid real estate taxes and months behind on its initial promise to resume a process that would help it recoup some of those funds. It hasn't used any process since 2023.

Richmond, VA · 09-22

12onyourside.com

Henrico farm owner pushes new law after health department lawsuit

HENRICO, Va. (WWBT) - A Varina farm owner sued by the Virginia Department of Health is taking his experience to the state Capitol, saying the process exposed gray areas for farms that want to serve the food they grow. Celeste Farms has welcomed people for dinners, spa experiences and other...

Henrico, NC · 09-23

WDBJ7.com

partner publisher · 35.4K followers

New 64-unit apartment complex to break ground in Petersburg

New 64-unit apartment complex to break ground in Petersburg.

Petersburg, VA · 09-15

BaytoBayNews.com

Built, Owned, Operated: Bonaventure Launches $32 Million DST, Aspire West End

ALEXANDRIA, Va., Sept. 23, 2026 (GLOBE NEWSWIRE) -- Bonaventure, a vertically integrated real estate investment firm with more than $2.9 billion in assets under management, today announced the launch

Henrico County, VA · 09-23

WTVR CBS 6