Recent Real Estate Transactions: May 26 to May 30
June 9, 2025 - 21:48
In a series of notable real estate transactions from May 26 to May 30, several properties changed hands in the Newport area, showcasing the ongoing activity in the local housing market.
One of the significant sales was the property located at 127 Eustis Ave., which was purchased by Kevin and Erin Polansky from Teri and Matthew Schnitt for an impressive $1,610,000. This transaction highlights the demand for high-value homes in desirable neighborhoods.
Another noteworthy sale involved 6 Gladding Ct., where Kerry McGarty sold the property to KPB Newport Properties, LLC for $1,391,500. This deal reflects the interest of investors in the Newport real estate market, as they seek opportunities for rental properties and redevelopment.
Additionally, 8 Annadale Rd., Unit 2, also saw a change in ownership during this period, although specific details regarding the buyer and sale price were not disclosed.
These transactions indicate a vibrant real estate landscape in Newport, with both individual buyers and investment groups actively participating in the market.
MORE NEWS
April 7, 2026 - 02:49
Who will buy all those federal buildings? ‘Nimble and entrepreneurial’ buyers.The landscape of Washington D.C. real estate is shifting as the federal government continues to offload underutilized office buildings. A recent sale of a General Services Administration property...
April 6, 2026 - 06:51
Norfolk company to buy $562M portfolio from Virginia Beach’s AH Realty TrustA Norfolk-based company has entered into a significant agreement to purchase a portfolio of 11 multifamily properties from Virginia Beach`s AH Realty Trust for $562 million. This substantial...
April 5, 2026 - 19:02
UBS reveals how real estate kills 2 tax problems with 1 investmentA sophisticated real estate investment approach is gaining attention for its ability to simultaneously address two significant financial concerns: capital gains and estate taxes. This strategy,...
April 5, 2026 - 02:57
EQT Real Estate: 7.3 Million Sq Ft U.S. Logistics Portfolio Sale To AresEQT Real Estate has finalized the significant sale of a 7.3 million square foot U.S. logistics portfolio to a real estate fund managed by Ares Management. The transaction encompasses 36...