The I Love CVille Show With Jerry Miller! - Luxury Student Housing Coming To Fifeville; Real Estate Investors Should Buy Homes Near The Mark

Episode Date: May 11, 2026

The I Love CVille Show headlines: Luxury Student Housing Coming To Fifeville, What’s Next? Real Estate Investors Should Buy All Homes Near The Mark Investors Should Try To Assemble Parcels In Fifeville Now Townhomes On/Around Orangedale Ave Should Be Targeted Rivanna River Encampment Causes Fire Under Freebridge Democrats Spent $64M On Pro-Gerrymandering Campaign Men’s Lacrosse Bounced From NCAA Tournament Subscribe To JerryRatcliffe.com For $8 Per Month Read Viewer & Listener Comments Live On-Air The I Love CVille Show airs live Monday – Friday from 12:30 pm – 1:30 pm on The I Love CVille Network. Watch and listen to The I Love CVille Show on Facebook, Instagram, Twitter, LinkedIn, iTunes, Apple Podcast, YouTube, Spotify, Fountain, Amazon Music, Audible, Rumble and iLoveCVille.com.

to the I Love Sevo YouTube channel. Let's rock and roll. Let's get this party started. Welcome to the I Love Sevo show, guys. My name is Jerry Miller, and thank you kindly for joining us on a Monday in downtown Charlestville. We are less than two miles away from the University of Virginia and what is the weekend graduation ceremonies that are on the near horizon. The University of Virginia does a fabulous job in like the one week to 10-day period prior to graduation of really clean. leaning up the lawn. I mean, the lawn, let's cut to the chase. It's a gorgeous venue. It is absolutely beautiful. But in that one week to 10-day period of time, it really looks special. Tents are up, flowers and, you know, landscaping, manicured. It is gorgeous. Live on LinkedIn, J-Dubs? Just about. I'm about to go live on LinkedIn for those that are texting us. A lot we're going to cover on the broadcast today, including

a fire at the Ribana River homeless encampment over the weekend. Remember the show from last week? Yours truly on the I Love Seville Show. One of the absolute disasters that could happen to Charlottesville is this

shanty town that is under the free bridge. This encampment causes a fire that damages the bridge where, what, I don't know, 10,000 I mean, how many vehicles? Anybody know?

Deep throat, you may be able to get us that intel. You're very good with stuff like this deep throat. I sincerely appreciate you. What, 10 to 20,000 cars, that's a huge range. If I had to put a prop bet, if you and I were prop betting on this, I know you don't like the prop bet. And I put the over, under, at 10,000 cars using Free Bridge on a work day, on a week day.

Would you take over or under 10,000? I think I'd take the over. You take the over on 10K. Over or under on 12K? I don't know. 15K. You just going to keep going? I'm going to Mike Pruitt on the Dias with the Board of Supervisors on the real estate tax rate increase or the real estate personal property tax rate increase.

If the over under is at 15K, do you take the over? Yeah, maybe. 15,000 is a lot of cars. That's a thousand cars an hour for 15 hours. And we know overnight it's not that many cars. Right. Is the 15K barometer where we're at here? Yeah, I think that's where I started to get a little...

So you take the under on 15? Yeah, I guess so. Okay. I'll take the over on 15,000 cars on a workday, a weekday using Freebridge. Anyone give us that number? How many vehicles travel Freebridge on a weekday, on a work day? Well, over this weekend, we see on Pulse Point, and it makes its way to the gossip board of Charlottesville.

The gossip board of Charlottesville is the Charlottesville subreddit. Wouldn't you say, Judah? Yeah. I would have won that bet, Judah. Oh, yeah. According to VDOT, this from the enterprising, the very intelligent, the very resource, deep throat, his photo on screen,

Deep Throat's already got his photo on screen nine minutes into the show. That's why he's number one in the family. Props to Deep Throat. Look forward to seeing. Deep Throats oldest Sion later today. According to VDOT, more than 25,000

cars per day over Freebridge. Peak hour one way is around 2,400 vehicles. Damn. That's pretty wild. That's wild right there. More than 20, let's burn that into our subconscious, so we'll always remember.

this. More than 25,000 vehicles per day, according to VDOT, on Freebridge. Over the weekend, ladies and gentlemen, the Rivana River encampment, a fire started. This news picked up on Paul's Point, which tracks what, EMT activity, police fire rescue activity. I would characterize it like that, right? Yeah. It makes it on the Charlottesville subreddit, but we have no press release issued by Afgen-Snyder, Sam Sanders, in Charlottesville City Hall. Why has there not been a press release issued from City Hall on the Rivana River Homeless Encampment Fire that manifested over the weekend? Is this strategic cover-up? I mean, is this, I hate to-

Strategically sticking your head in the sand? Is this strategically being forgetful? Is this strategically failing to document something? You would think if a homeless encampment causes a fire and a dozen fire trucks have to put this fire out or arrive on the scene. And there's a neighborhood and a number of businesses around the encampment. And the fire is directly below a bridge that is the passageway for more than 25,000 vehicles per day, according to the Virginia Department of Transportation, that City Hall and Sam Sanders would have a press release of some kind issued to media or at least on their corresponding or respective social media channels. But we have crickets from Charlottesville. Absolute silence.

We'll talk about that on the program today. We said that this was going to happen last week. I literally spent 15 or 20 minutes of a show last week saying the worst case scenario is the Rivana River and Kansas. meant causing a fire and potentially damaging free bridge. 25,000, Katie Mullins. Congratulations in getting your Druid Avenue listing under contract. You're a fantastic agent, Katie Mullins. Handsome Hank Martin watching the program.

There is a distinct difference between apathy and accepting consequences of ignorant reality. Judah, two shots, studio camera. Is that the camp you fall in? Spencer Pushard is watching the program. Print, radio, and television is watching the program. Print radio and television. You should be asking what happened with this fire at the Rivana River encampment. The public deserves to know.

Also in the Charlottesville subreddit, ladies and gentlemen, if you didn't see this, there was a family that went on a Mother's Day kayaking outing. A family. Mother's Day kayaking outing on the Rivana River. And next to Darden Tao, next to the Freebridge encampment, a daughter in the family, pulled her kayak over to catch her breath. And while pulling her kayak over, Judah, on the banks of the Rivana River,

what did she see, Judah? She saw a needle. A used syringe. A dirty needle on the banks of the Rivana. This is the comment specifically on the Charlottesville subreddit. Published six hour ago. six hours ago. We kayaked on Mother's Day, and my daughter saw a needle between Darden and Riverview. That's disgusting. That is absolutely disgusting. Comments coming in already. Do you fall in the handsome Hank Martin's description of the difference between apathy and accepting consequences of ignorant reality?

you're just accepting of ignorance here is pretty much what you're saying, right? Yeah, more or less. I mean, I'm not apathetic to it. I don't think fires near Free Bridge are a good thing. I also don't think they're going to burn the bridge down or make it... You don't think it will damage the bridge is what you're saying. I'm fairly certain you would need a much hotter fire to ruin the tar above the bridge. and I don't know if you could...

That's out of my pay grade. I don't have that. I don't know if you could burn a fire hot enough to damage the concrete. That's out of my pay grade. I also don't know that. Also out of my pay grade. I am not speaking from a place of authority, but I'm pretty sure that the fire would have to burn so much hotter than your average brush fire in order to damage the bridge. I have no idea if that's true or not. It's obviously that doesn't mean that I think it's okay. It's terrible that this is happening.

And the fact that they knew it was going to happen is all the more egregious. Yeah. 100%. The fact that they knew that they were going to be needles. Yeah. On the banks of the Rivana River because they specifically put places where you could put needles. Yeah. Because they knew it was going to come up.

Again, egregious. Last week today, one week ago today, last Monday night, the fire chief, Joe Phillips, is talking to Charlottesville City Council saying, there's going to be a fire here. Yeah. We have drought conditions. They're using propane heaters inside tents next to sleeping bags and blankets. And they're burning trash and plastic to cook their food. without question there will be a fire here. The risk for fire is high.

And then five days later, there was a fire under Freebridge. They've also got... And City Hall has not issued a single word about this. I know. They've also got propane tanks in tents, for which he said there's no... There's no city code against it. Yeah.

Because common sense would suggest, don't do it. Don't do it. Propane tank in your tent. But these are... are not common times or situations. And so, I want you to understand what Judah Wick Coward just said. There is no law against having a propane heater inside a tent. A propane tank. It's not even a heater. I don't know what they're, I mean, you could attach it to a, you could attach to a grill.

He said propane heaters. Like they were using propane to heat their tents inside their tent. And there's no law against it because why would you have, something that can cause a fire inside a tent, zipped up next to your sleeping bag and blankets. And I think they're also covering the tents with more material. 100%. And to which he said that blocks the airflow, which can potentially be,

potentially cause problems with breathing. 100%. That's exactly what he said. Great memory. Breathing is needed for life. 100%. He's essentially saying, saying somebody is the most dangerous situation ever. He's saying somebody is going to die.

Yeah. And it is and we don't know because nobody's, nobody's said anything about it except the people on, on Reddit, but the fact of the matter is we have no idea. Well, we've said something about it. No, what I'm saying is we have, no, I'm not talking about that. I'm talking about the fact that we have no idea if anyone was hurt in this fire. Oh, right. Right. And I don't, no matter what your feelings are, I don't think anyone wants the homeless people in the encampment to come to harm. No. But how do you protect them?

I don't know that there's any way to do so without breaking up the encampment. And, you know, you're going to get an outcry about that. But seriously, would you rather break up the encampment or wait another week or another month or however, long it takes for one or more people to be seriously injured because of something like this. Judah Wickhauer starting the program off Red Hot. Red hot like a fire under Freebridge over the weekend after the police chief told counsel, the fire chief told counsel that this would happen. Here's the question I have and we'll give some love to Charlottesville Sanitary Supply and Charlottesville Swimming Pool Company. In fact, we're going to see the Vermilion men

tomorrow at 8.30, Judah. 8.30 a.m. tomorrow. Okay. That battery should be charged. We're going to be over there and have a nice little photography session. Charlottesville Sanitary Supply, Charlottesville Swimming Pool Company, 62 years in business, the Vermillion men. John Vermillion and Andrew Vermillion are Southern gentlemen. The type of guys that I wouldn't want to drink a bourbon with or play some golf with or just shoot the bull with.

Their business has been family run for three generations by a family that's lived in Elmore County for five generations. online at charlesville sanitary supply.com where they have a website where cleaning and sanitary products can be purchased. Bono wood flooring products can be purchased at costs that are cheaper than the big box stores. And free delivery is included within market. Their swimming pool company is who you contact for anything swimming pool related, including pool construction, above ground, below ground, swimming pool maintenance, water cleaning, water testing, swimming pool covers.

Love these guys. Can't wait to see them tomorrow. I'm going to ask John this question tomorrow. There should be the high street business owners should galvanize and kind of in class action standpoint or in strategy group standpoint should say, City, you're impacting us here. Certainly the neighborhoods, the homes around there

should galvanize and strategize. And if you have a fire, you just had a fire under Freebridge, you have reports of needles being seen by kayakers. Can you imagine if you're barefoot and you step on one of these? I don't want to imagine that. But I'm not a big fan of needles and stepping on one, I mean,

strategize, organized, galvanize. and make a push against the city for allowing this literally right next to your home and your business. That's what I would be doing if I was impacted professionally or personally by what's going on. Now that we know a fire just happened. And now that we know that City Hall and Charlottesville have issued zero, and you should put lower thirds on screen, have issued zero press release about this. Not a single press release. has been issued.

Olivia Branch, Georgia Gilmer, welcome to the broadcasts. Hammer the like button. Viewers and listeners. Spencer Pushard. The fire chief literally said this would happen. I watched your show last week. The fire chief literally told them that this would happen.

Spencer Pushard. Concrete begins to lose strength at 500 degrees and structural failure can begin around 1,000 degrees, according to Google. Jason Howard. watching the program. Can you imagine if a bridge that, according to VDOT,

transports 25,000 cars per day is damaged by a homeless encampment? Yeah, imagine I'm trying to think of ways from Pantops to the rest of Charlottesville. I mean, would you have to go 64 to 5th Street? No, they'd have to go 64.

Curtis Shaver made this point last week. A lot of the folks that are living in Keswick, Glenmore, Rivana Village, are coming from, like, Louisa Fluvana down Pantops into town, are better off just going 64, black cat to 64 going that way. That's great for people that live out further that are going to pass 64 anyways. But what about someone like me who's driving home from work, wants to go across the bridge and stop at, you know, stop at the grocery store? Are you going to Wawa?

You go to the food line? we used to live in Glemmore, backtracking to Black Cat Road to get on 64 from Glemmore was a longer, if there was no issues on either trip down, down Pantops Mountain and the Diamond Interchange or backtracking Black Cat to 64 to get to downtown Charlottesville, it was always faster to go down Pantops. Now, consistently, there was more traffic issues coming down Pantops and the Diamond Interchange, especially at rush hour in and rush hour out. so often I did go black cat just to avoid it

but fastest trek possible if you were living in glamour was to go down pantops to Charlottesville. Handsome Hank Martin makes the point a press release from Charlottesville City Hall Hank Martin's photo on screen. If City Hall issues a press release that's an admission of warned responsibility and potential liability therefore silence is golden

by City Hall. John Blair, in the program number two in the family. I love John Blair. I'm so happy that we got so much needed rain today. Great for the farmers and it should make the lawn look beautiful and lush for graduation for the students and parents. Absolutely. Hopefully help with any fire hazards under the Rivenor, under the free bridge encampment. There's a lot to cover on the program today. I'm going to talk about real estate investment. Our primary business is deal making. We're deal brokers. We put deals together. Deals of leases, of acquisition,

business and real estate, deals that help people figure out ways to scale and grow their business, which is structure. We put people together. And I've been thinking about the mark. We now know what you know. I think we've been all over this story from day one. Landmark properties is bringing a luxury store. student tower to Fifeville. And that luxury student tower is going to forever change Fifeville. Seven stories, 180 units, 770 beds coming directly behind the black church on West Main Street. This is pretty much across from West Main Street, across from Maya and Riscos-Eld Barco. Is that where we figured it out? Yeah.

Seven stories, 180 units, 720 beds. This developer is the same developer that did the standard on West Main Street. The standard six stories, 649 units, 661 beds. Landmarked properties sold their position at the standard to an acquire to a buyer led by Morgan Stanley, who's since rebranded the standard Ugo Crestline. Ugo what? Ugo Crestline. They've rebranded it, Morgan Stanley, away from the standard.

fact, I drove by there today, just to get a closer look, there's a new banner up. And the banner says, now under new management, to distance themselves from landmark properties. And they're calling it Hugo? Yeah, Ugo Crescent. It's such a weird name, right? I mean, they named it after a car that people joke about having to push, right? You go Crestline living. You go Crestline, Charlottesville is what it's called.

Anyway, we've covered this. I've on record saying that this will forever change Fifeville, that this is basically the 2026 version of urban renewal, a less egregious version of what happened at Vittaker Hill in Charlottesville. I'm going to give you a little history of Vittaker Hill. It was one of the earliest neighborhoods in Charlottesville, predominantly Irish at first, then black, bordered by West Main Street to the south, Preston Avenue to the north, and 4th Street to the west. You know where the Staples is, the office supply? That's, in a lot of ways, the heartbeat of where Vinegar Hill was. It was first populated by African American families in the early 19th century, early 19th century, called Random Row. That's where you get Random Row brewery. Interesting. Called Random Row there.

Vinegar Hill is remembered now in Charlottesville because of urban renewal, a project that begun in 1964 that pretty much raised the majority of black neighborhoods. And in 1965, the entire neighborhood was raised as part of urban renewal. By a margin of 36 votes, the city of Charlottesville voted to raise Vinegar Hill in a referendum. 36 votes was the difference. This occurred at a time where the poll tax excluded many black residents from voting. So think about how awful a scenario is. Charlottesville decided in the 50s and 60s that it wanted the area that was central to its city.

It realized in the 50s and 60s that it was landlocked, that it really had nowhere to expand. So every piece of dirt it had was extremely important. 50s and 60s it said, this is a black neighborhood, Vinegar Hill. we want this. It says, we're going to have a referendum. We're going to make this, you know, democracy here, democratic. Voters will determine what's going to happen with Vinegar Hill. But then Charlottesville in the 50s and 60s said,

the blacks that live in Vinegar Hill are not allowed to vote in this election, which is absolute BS. 36 votes shows you how contentious it was. 36 votes, the difference. Vinegar Hill basically comedied by white Charlottesville. And it occurred at a time where one church,

30 businesses, and 158 families were displaced, almost all of them black. 600 Charlottesville community members were then reposition or forced to move into public housing, which we now call West Haven. We know

West Haven now. What's happening in Fifeil here with the mark is not nearly as nasty and despicable as urban renewal from the 50s and 60s, but it's a, and without question, a version of significant gentrification. I'm going to ask viewers and listeners, what are the next steps for FIFIL? And this has already been happening for some time. Real estate investors, people in the circles that I have run with run in, have targeted Fifeville, 10th and Page in the Star Hill neighborhoods, the outskirts of Belmont because of the affordability. Now that the mark has been approved, if you're a real estate investor, and if you are not targeting

the dilapidated homes around the mark for your fix and flips, for your projects that are unwarrantable or non-loadable right now, I don't think you're reading the tea leaves correctly. I think the opportunity in the upside in Charlottesville right now, if you're a fix and flipper, if you're a rehab and hold, if you like the burr method, Fifeville and the streets next to where the mark is going to materialize is where you should be razor-focused. Real estate investors, speculators, folks with dry powder on hand should be driving through Fifeville, looking at homes from a quality viability should be with a pad

or an app on their phone saying that home is in good shape someone has fixed and flipped it or someone has fixed it and is living in it that home is in serious beat-up shape it is rough, it's not looking great mark down the address take the address from your notepad or your app

go home look up the Charlottesville GIS and start doing a direct mail campaign or an in-person door knocking campaign or have a real estate agent that you hire and you should be pursuing homes in FIFIL for your fix and flips, your fix and holds, your rehab and holds, or even more significant upside, your assemblage. If you're able to get one, two or three properties next to each other, purchase them and assemble them, then you could potentially sell a permitted suite. You can sell plans to somebody to build the next mark in Fifell because the precedent's been set.

Council has set the precedent here. There's a clear-cut roadmap with Oshran, Snook, and Payne for support here. And I don't see how they could possibly do a do-se-do backtrack two-step backwards after doing what they did with the mark. And it's sad, but this is going to happen. and this is how a community becomes completely different really quickly. I mean, look at what Katie Mullins and her team did on Druid. They took a property on Druid that you could not get a loan on.

Katie, her husband, and their partner spent a hell of a lot of money rehabbing this property on Druid Avenue and made it absolutely gorgeous. They got a basement apartment. They gutted everything. Everything's to the nines. I don't know what's going to trade for, but it went pending. I would imagine it's, you don't have to give me the exact number. We'll follow it closely, Katie.

I felt you did a phenomenal job. I would think that's going to trade somewhere between, you know, 650, you know, 645 and 675. If you can do that on Druid for a home that costs 3 or 400,000 a purchase, what if the home costs a buck 50 to 200 to purchase? Yeah. If it cost a buck 50 to 200 to purchase versus 300 to 400,000,000, and a purchase, that just means you have a hell of a lot more margin there. And I'm going to tell you right now, viewers and listeners,

Orangedale Avenue, you should be putting lower thirds on screen. Orangedale Avenue. There's townhomes on Orangedale Avenue, viewers and listeners that are watching this program that are real estate investors. Orangedale Avenue is where you should target for your real estate investment and your real estate flipping and your speculation. Orangedale Avenue. The upside of Orangedale Avenue is significant

townhomes, side by sides and if you could start assembling some on Orangedale Avenue, the upside is tangible and palpable. Orangedale Avenue, ladies and gentlemen, mark that down. Orangedale Avenue. Anything you want to add you to Wickcaron.

Just drive through the side streets with a notepad, look for the homes that are not in great shape. use the Charlottesville GIS to find the owner, make an offer, and watch what happens. The longer you wait before you do this, investors and flippers that are watching the program, the more valuable and expensive these homes will become. There's a direct correlation with value on the side streets next to the mark and the start of that construction project. Start the construction project, homes become more valuable.

And speaking of valuable homes, how about Stanley Martin, what they're doing? 600 homes they've constructed in the last 24 months in Charlottesville, Almera County, and across central Virginia. Stanley Martin Holmes is building homes the honest way, the communicative way, the right way. What they're doing in Green County is special at Stanley Martin Holmes. What they're going to do in Breezy Hill and Keswick next to Glenmore is special. Stanley Martin Holmes.

homes that cater to each person's unique needs and lifestyles, high-quality, single-family homes, townhomes, and condominiums, design and constructed with innovative techniques that ensure exceptional efficiency and aesthetic appeal. Stanley Martin Holmes. Ladies and gentlemen. Philip Dow watching the program. Olivia Branch watching the program.

This comments come in. Eric Nelson, thank you for the compliments. Katie Mullen says Druid Avenue closes in two weeks, Judah. This comment comes in for Judah. I didn't take Judah's comets as apathetic at all. I took Judah's comets as, of course, that was going to happen. There's absolutely a difference from Jennifer. That's how you intended?

If, you know, if you, if you pee into the wind, your leg is going to get wet. If you, you know, A follow, B follows A as surely as C will eventually follow B. It's just, you know, it's the way the world works. And, yeah, if you've got, if you've got a bunch of people camping out day and night in dry brush, it's almost a 100% foregone conclusion. that something is going to happen. Handsome Hank Martin offers some history in Vinegar Hill.

He's a Charlottesvillian long history here. Vinegar Hill was eradicated, yet it sat as an empty, unused lot for nearly two decades until what began as the Radisson Hotel and the Federal Building were erected. Vinegar Hill's biggest sin, it existed between what would become the downtown mall and Mr. Jefferson's University. Yes, prime real estate. that's in the absolute eye of the storm just like FIFO, right?

Any different? Would you agree? I mean, there are a lot of differences, but there are similarities as well. Comments continue to come in. Next headline, Judah Wickcaro. What do you got? Let's see.

We've got the spending on the pro gerrymandering campaign. We've got men's the cross. losing out. Barbara Becker-Tilly. It's nice to be back after a two-week hiatus.

It realized nothing changes when nothing changes. James Damran, any pollution concerns from the ignorant liberals who complain about everything needing to be environmentally sound, you need permit inspections to dig hole in your yard for a deck post and silt fence so erosion doesn't happen. But you can camp out, throw trash everywhere, and poop in public and keep people away from public places and let the taxpayers play to clean it up, make it make sense.

The $64 million from Virginia Democrats, and it wasn't just Virginia Democrats, we should make sure we highlight that. This was Democrats top to bottom. This was local and national level. You're not getting Obama coming here unless there's heavy hitters in the Democratic Party that went gerrymandering redistricting to happen.

$64 million, Virginia Democrats spent on redistricting. Friday it was shot down. Yeah. I mean, that's a lot of money. Like you said with the, you know, with the encampment. There's a certain level of like just pretending like these things are normal. I'm not going to mention beds because like you said, It's not just money coming from central Virginia,

but why waste all that money? He was initially, we thought otherwise in our pre-production meeting. The initial take for us was $64 million spent in favor of redistricting by Virginia Democrats, by national, local, state-wide. How many homeless shelters or how many homeless cots, how many homeless beds could $64 million yield? Then we decided not to make the comparison because that money is not obviously just coming from Al Morrow and Charlottesville.

But we do have Central Virginia Democrats who love to throw their money around, for instance, in local school board elections. And we don't hear a peep from them when it comes to building beds for homeless people. Yeah. You know why that is. Go ahead.

You tell us why that is. You know why that is. I'm not sure. Why is Sonia Smith not giving $15 to $20 million for a homeless shelter when she's giving obscene amounts of money to Democrats across the Commonwealth and certainly in Central Virginia? Why is her husband not donating millions of dollars? He's a billionaire. He's a billionaire, millions of dollars to fund the homeless shelter.

when he's directly opposing Dominion energy with his PAC and their contributions to politicians and their pushes for their respective offices across the Commonwealth. You know why that is? Because there's no sex appeal that comes with funding homeless shelters. But there is sex appeal and Geneseequa and vanity and ego and influence in clout that comes with funding...

Especially influence in cloud. Politicians, yeah. That's the difference. It always has strings attached. James Watson watching the program. Do you foresee hospital employees, nursing students, medical school, and residency folks living in this new building? I know they keep saying it's student housing,

but I just can't see why anyone would want to live that far away from actual grounds. Definitely not waking up the last minute and getting to a class at New Cabo Hall. I'm actually surprised how much UVA itself has been building these towers when most of these kids are just taking classes online and going to the occasional class in person. I think that in-person class paradigm is going to shift. Great question, James Watson. I am of the absolute conviction that the University of Virginia is just going to continue expanding enrollment.

And they may not one day year over year, like 15% uptick enrollment. But each year, if they uptick enrollment hundreds of students, or each year if they uptick enrollment, a couple of hundred of students, that adds up over a long period of time. And we haven't seen, I keep coming back to these schools, we haven't really seen the impact of data science and biotechnology with expanded enrollment. Those schools aren't 100% up and running yet.

Wait till they're up and running 100% and see what that does to student enrollment. I also was taken aback to learn this. I've mentioned this on previous shows. I would encourage the viewer and listener to go to Iloveceville.com forward slash new construction. Iloveceville.com forward slash new construction. There you will see a story that I wrote called Did You Know There are four significant

Bill to Rent development projects being constructed right now in Charlottesville and Amar County. One of those projects is the old ivy residences. This is the project you see from the 250 bypass across from St. Anne's Belfield, right next to the old Ivy exit kind of by Faulkner Drive and Bel Air. the one where you see the Virginia Clay by the bypass. This is 525 total units on the 250 bypass in Old Ivy Road. They're going to be delivered this summer. The first units delivered this summer.

In fact, if you look at them, you will see the first sets of units phase one is almost online. This is a global developer called Grey Star Real Estate Partners. They're an international out-of-market developer. Their focus for this project is, not projects, is not housing to buy, but it's housing to lease. And their sole focus with this project is to lease to yuppies, young professionals, and folks that are priced out of the Charlottes and Almaro County housing market. Like they've done an analysis, Gray Star, that says housing in Charleston, Almore County is so expensive that there's this massive group of people that are making a ton of

money on paper, but still cannot afford to buy a house because there's limited supply, mortgage rates are too high, maybe they have a blip on their credit history, maybe they're playing the waiting game until the market changes or shifts. Maybe they're trying to save a little bit more to help with their monthly payment. But Graystar believes that there's this huge group of people so much so that they're building 525 luxury units on Ivy Road or off Ivy Road on the bypass. for a young professional to live because they're priced out of ownership

but can still afford a unit that is basically a mortgage. That's bananas. We keep saying all the time, like James's comment, I say it all the time, what is all this multifamily that's being built? Who's going to live in all these places?

But they're getting full. They're getting full. And they've priced the units so that even if they're not fully occupied, the monthly clip of like 2,000 to 2250 or 2,500 a month is enough to justify the empties. Yeah, no doubt. And these international developers and these landlords that lease these luxury, and luxury is such a like, you know, inflated word in today's criteria, it's all builder grade.

it's not luxury, it's builder grade. You might have some amenities that are luxurious. That's probably where most of the luxury comes from. Yeah, because that's the smoke and mirror that captures your attention upon leasing, the amenities. They all subscribe to the same leasing software. They're all using the back end same CRM. That helps the market track occupancy and vacancy, rental monthly price points, leasing price points and upticks.

So if everyone, I learned this, I learned this, I've been, we have 24 doors. I learned this 12 years ago, 13 years ago. The group of people that own the large majority of Charlottesville real estate all talk to each other. Oh yeah, I'm sure. All conversate. All know each other.

All hang out. All talk. We all talk. I started getting an investment. to some of these meetings because we have 24 doors. We all talk. It's no different with us all talking as this software that's managing these units and these doors. So to answer your question, James Watson, I think the people that are probably going to be leasing from those spots are all the above of what you said. I think it's going to be young professional. I think it's going to be nurses.

I think it's going to be residents. I think it's going to be doctors. I think it's going to be graduate students, I think it's going to be all across the board. I think it'll be students. Philip Dow says Little High Street is increasingly is increasingly being purchased and renovated.

Little High Street. 100%. I've noticed that as well, Philip Dow. All right, next headline, what do you got you to work out? I think that's, let's see. Men's lacrosse bounced. Men's lacrosse took it on the chin against Georgetown yesterday.

in the NCAA tournament. Why that's particularly sad men's lacrosse team losing is because the men's lacrosse NCAA final fours at Scott Stadium this year. The World Cup is keeping it for being held in the Philadelphia area.

So Scott Stadium is home for the final four for the NCAA men's lacrosse and women's lacrosse tournament. And UVA, unfortunately, men's are now out after losing to Georgetown. So they will not be playing at Scott Stadium, which stinks. I encourage you to watch

the Jerry Rackleaf show. the Jerry and Jerry show tomorrow. This is someone sent me via DM. This is the dispatch call for the Freebridge fire. Yeah. Emergency crews responded to a reported outdoor fire near Freebridge in Charlestville with propane tanks and tents present. The fire appeared to involve an encampment area behind a business near the AutoZone lot.

It was spreading toward nearby vegetation. And then the link was shared with me from the Pulse point from a viewer and listener. Why has City Hall not issued a press release on this? Is it what Hank says? That they just want to hide their heads? That they want to not

deal with it? That it's an exposure point legally? Exposure wise, insurance-wise? I mean, I'm sure it definitely is. Somebody even mentioned something along those lines in the in the subreddit thread where they were talking about, I think somebody asked if you're,

for instance, if your home, heaven forbid, were damaged in a fire like this, who would be held liable? And I think the response was essentially that your insurance would go after whoever they thought they could go after, whether or not the city would be included and that is...

I mean, how could the insurance company go after the homeless encampment if your house catches fire? They can't. Because they have no assets. The insurance company that insures your house or your office or your real estate or your business that is damaged by fire, wouldn't

they go after the city? I would think so. They can't get anything out of the homeless. I don't think there's anything to get out. I don't think there's any way that you would I mean, I suppose if somebody started a forest fire, you would go after them. But I think, yeah, in this case, there's nothing to go after.

And if the city has said, hey, we don't have a problem with an encampment near the Ravana, and people burning plastic and trash and using propane, heaters in tents, then I would, obviously, I'm not a lawyer, but I would have to think that the insurance companies are going to go after someone, and chances are it'll be the city. I'll close the show with this. Now this is on Trump and Iran, now the back and forth on the war in Iran. And again, the Iranians are not negotiating in good faith. What did we expect Donald Trump? Yeah.

You're negotiating with terrorists that are unethical and far from honorable. And looks like this war in Iran will continue even longer. You're negotiating with people that are unethical and unhonorable that will never negotiate in good faith.

All right, that's the show. We got a 1.30. Judah Wickauer, yours truly, Jerry Miller, a Monday on the I Love Seville show. Thank you for watching. The Jerry and Jerry Show. 10.15 a.m. tomorrow.