An Oceanfront Transaction to Love
In a previous blog post, I mentioned that Chef Dolores and I lived at the Virginia House on Atlantic Avenue in Virginia Beach for many years. A new condominium building, Oceans, was built on the next block north between the Virginia House and the historic Cavalier Hotel.
The lender took over the project and we were able to negotiate an agreement to sell the condominium units and to manage the completion of the construction needed to finish the building. I loved the opportunity and enjoyed the challenge to successful complete this work.
One of the advantages that I had was that I was a past president of Tidewater Builders Association the regional organization. I was able to use my industry contacts to staff the management needed for the construction needs and as experienced real estate brokers, we knew how to sell condominiums. This was one of the most interesting projects during my real estate career.
Thankfully, when we finished this project, we had another unusual business opportunity to purchase a real estate franchising business in North Carolina. We opened an office in Charlotte, NC but that is another story to tell at another time.
Orchids, Longwood Gardens, Kennett Square, PA USA IMG 6811
Canon PowerShot G11 Camera
Photograph by Roy Kelley
Roy and Dolores Kelley Photographs
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