Archive for June, 2007
The retirement community must pay more than $250,000.
June 21, 2007 Posted by Virginia Real Estate
An upscale Botetourt County retirement community n Daleville that lost its tax-exempt status earlier this month owes more than $250,000 in back taxes and penalties and will owe more than $200,000 for the tax year 2007 by the end of the year.
Real estate tax exemptions for churches and religion-based, nonprofit retirement communities are common in […]
Humane Society to sell estate involved in lengthy dispute
June 21, 2007 Posted by Virginia Real Estate
After more than two years of litigation, the Bedford Humane Society has decided to sell the estate of a Forest man whose will had been disputed in court.
B.F. Saul Spec Office in Northern Virginia Takes $105M Mortgage
June 20, 2007 Posted by Virginia Real Estate
The B. F. Saul Real Estate Investment Trust (REIT) has taken out a $105 million 14-year, fixed rate construction and permanent mortgage on its 313,000 square foot Park Place II speculative office development in the Northern Virginia suburb of Tysons Corner.