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

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Photo by Taisia Karaseva on Unsplash
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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 […]

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