VIRGINIA CONDO DEVELOPMENT SITES TRADE HANDS

VIRGINIA BEACH, VA. — Orlando, Fla.-based The Henin Group has sold the Harbor Walk condominium project in Virginia Beach to Franciscus Homes for $4.8 million. The development broke ground in 2003 with a plan for 237 units, and Henin assumed control of the project in 2007. Franciscus acquired sites that will accommodate 156 units.