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Smith-Palmer House on Franklin Street sells to local church for $1M Jonathan Spiers photos) An 1850s-era townhouse on a visible street corner in Monroe Ward is now in the hands of a local church after a seven-figure deal. Remnant Church purchased the Smith-Palmer House at 211 W. Franklin St., where it plans to house offices for Grimké Seminary, its pastor training arm. The church, which has locations in Shockoe Bottom and on Arthur Ashe Boulevard, paid $1.15 million for the three-story, 5,700-square-foot building. It previously housed offices for Sandpiper Hospitality, a hotel group now based in Henrico’s Glen Forest Office Park. ....
December 30, 2020 This 261-acre estate at 8899 River Road in Henrico sold for $10 million, the priciest home sale in 2020. ( BizSense file photos) With a record-breaking buyers’ market that defied the pandemic through the bulk of 2020, the year in residential real estate had so many deals that our annual ranking of the priciest sales couldn’t be contained to just the top 10. Two sets of ties on this year’s list make the 2020 ranking 14 deals deep. And those don’t even include some of the seven-figure sales that turned the most heads this year, with notable names such as Ukrop and Aaron Brooks involved. Even tennis great Billie Jean King took part in the paperwork for a sale that starts off this list. ....
Real estate brokerage buys local peer, extends reach toward the Bay December 11, 2020 Doug Dorsey, center, with SRMF’s Scott Ruth, Mahood Fonville, Scott Shaheen and John Martin, from left, outside Select Properties’ Irvington office. (McClure Images) Expanding its footprint into river country, a homegrown residential real estate brokerage has picked up a local peer in a deal that adds its fourth office in as many years. Shaheen, Ruth, Martin & Fonville Real Estate has purchased Select Properties of Virginia, a 21-agent brokerage led by Doug Dorsey with offices in Richmond and the Northern Neck. The deal, which includes Select’s office in Irvington, closed Wednesday. SRMF’s Scott Shaheen said terms are confidential. ....