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Chicken Salad Chick Hatches Aggressive Franchise Expansion Plans for Virginia


Chicken Salad Chick Hatches Aggressive Franchise Expansion Plans for Virginia
Newly Signed Agreements Fuel Chicken Salad Chick s Rapid Statewide Growth, Plans to Add 6 New Locations
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RICHMOND, Va., April 21, 2021 /PRNewswire/  Chicken Salad Chick, the nation s only Southern inspired, fast casual chicken salad restaurant concept, announced today that it will be targeting the state of Virginia for franchise growth. Chicken Salad Chick aims to bring six new locations, through strategic franchise partnerships, to the state over the next two years.
Currently, Chicken Salad Chick has two locations open in the greater Richmond area of Virginia. Building on this success, Chicken Salad Chick kicks off this new development push with three locations slated to open in 2021, starting with a late April opening in Christiansburg at 2575 Market St. NE, and two other openings set for late summer and fall in Hampton and ....

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Harbor Group International Provides Bridge Financing for Virginia Multifamily Portfolio Acquisition


Harbor Group International Provides Bridge Financing for Virginia Multifamily Portfolio Acquisition
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HAMPTON, Va., April 20, 2021 /PRNewswire/  Harbor Group International, LLC ( HGI ), a privately-owned international real estate investment and management firm, today announced it provided $75.5 million in bridge financing to Brentwood Investment Group ( Brentwood ) and Greencove Capital Group ( Greencove ) for the acquisition of an 856-unit multifamily portfolio in Virginia. The loan is part of HGI s whole loan senior mortgage platform.
The portfolio consists of five garden-style multifamily communities in Hampton and one property in Poquoson, Va. Built between 1970 and 1985 with an average unit size of 921 square feet, the properties are strong performers and feature affordable rents. With a blended occupancy rate of 98%, the portfolio is positioned for a value-add and mark-to-market business plan. ....

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