Shockoe apartment empire grows

From Richmond BizSense.com; Plus MGT, owned by George Emerson and Phil Roper, purchased the Shockoe Place Apartments at 1900 E. Franklin St. on May 1 from CWCapital, a firm that holds and sells troubled real estate and its debt. The developers now own …

From Richmond BizSense.com; Plus MGT, owned by George Emerson and Phil Roper, purchased the Shockoe Place Apartments at 1900 E. Franklin St. on May 1 from CWCapital, a firm that holds and sells troubled real estate and its debt. The developers now own almost 550 apartments in and around Shockoe Bottom, said Tara Carter, director […]

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