Ten Hild Manchester Area Properties on the Auction Block

Michael Hild is currently out on a $500,000 bond while he awaits trial on federal criminal charges for securities fraud, mail fraud and bank fraud, related to an alleged reverse-mortgage bond scheme involving his business Live Well Financial. Live Well Financial filed for bankruptcy earlier this year.

Through his companies Church Hill Ventures LLC, Kingfisher LLC, and Gardenia LLC, Hild purchased properties throughout the Manchester area. Now with the permission of the United States District Court for the Southern District of New York in relation to his upcoming trial United States v. Hild, Case No. 1:19-cr-00602, he is auctioning off ten properties.

The auction will take place at The Westin Richmond (6631 West Broad Street) on December 17th and is being conducted by Tranzon Fox Auction. Bids will also be taken online.

The properties up for auction don’t include other notable Hild properties, Dogtown Brewer, Hot Diggity Donuts, Butterbean Cafe and the Siegel’s Supermarket (which was listed for sale earlier this year).  There are some very interesting properties up for sale including the Lighthouse Diner, seen above, which over the years has seen many rumors of renovation (2002 story, 2007 story, 2014 story) but no action.

It’s certainly a varied list of properties an old diner, a former bank, and even a church.

• FX1945A – Large Multifamily/Mixed Use Redevelopment Opportunity
  1518 Hull St and 6, 8, 10, & 12 East 16th St, Richmond, VA 23224
• FX1945B – Restored 1921 Event Space with Rented Apartment
  1129 Hull St, Richmond, VA 23224
  • 
• FX1945C – Renovated 5,005+/- sf Building on Prime Corner Location
  1128 Hull St, Richmond, VA 23224
• FX1945D – Quaint CA 1869 +/-3,201 sf Church Building
  1201 Decatur St, Richmond, VA 23224
  • 
• FX1945E – 7,500+/- sf Building Located Along Busy Hull Street
  1427 Hull St, Richmond, VA 23224
• FX1945F – Free Standing +/-4,100 sf Corner Commercial Building
  1910 Hull St, Richmond, VA 23224
• FX1945G – CA 1920 Row Building and Adjacent Lot
  1812 and 1814 Hull St, Richmond, VA 23224
• FX1945H – 4,000+/- sf Former Lighthouse Diner Building
  1228 Hull St, Richmond, VA 23224
• FX1945I – 3 Lots (2 Contiguous) in Attractive Block of Maury St
  1703, 1715 and 1717 Maury St, Richmond, VA 23224
• FX1945J – 1,224+/- sf CA 1918 Shell Property
  223 East 15th St, Richmond, VA 23224

That list gives you a good idea of the large number of properties that Hild gobbled up. Perhaps with this sale, we’ll see some diverse development in the Manchester area.