Blackstone Lender Takes Over 517,000 SQFT Ford Point in Richmond Through Foreclosure

Madison Capital and Meadow Partners have lost Richmond’s historic Ford Point, the waterfront former Ford assembly plant they bought for $103.7 million in 2022, to their lender through foreclosure. Their largest tenant, a battery startup, went out of business in 2024, leaving more than a third of the building empty. An affiliate of Blackstone’s commercial […]