Real estate blog entries tagged with richmond distressed commercial property by Melissa Loughridge Savenko (RE/MAX Commonwealth)

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Home : Blogs : Melissa Loughridge Savenko : Richmond, Virginia Real Estate - Melissa Savenko's Blog : Tag "richmond distressed commercial property"

richmond distressed commercial property: Richmond, Virginia's Commercial Real Estate Market - A Meltdown in Slow Motion? - 01/30/10 10:59 AM

Front page news in today's paper indicates that the commercial real estate market in Richmond, Virginia is slowly deteriorating, with more properties in danger of default on existing debt. According to Real Capital Analytics, a New York commercial real estate research firm, there are 25 distressed properties here in the Greater Richmond Metro area, with a total debt balance of $371M.
Trepp, another New York firm that evaluates and tracks commerical mortgage information, has 66 Richmond properties on a watch list, including two big shopping centers owned by Taubman Centers Inc., Stony Point Fashion Park and Regency Square Mall. These properties are considered distressed … (1 comments)

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Melissa Loughridge Savenko

Richmond, VA

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RE/MAX Commonwealth

Address: 509-511 N. Meadow Street, Richmond, VA, 23220

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