The I Love CVille Show With Jerry Miller! - Parking Czar Mark Brown Buys Wawa Ground Lease; 5th St Wawa Ground Lease Sells For $9.1M On 5/20/26

Episode Date: May 29, 2026

The I Love CVille Show headlines: Parking Czar Mark Brown Buys Wawa Ground Lease 5th St Wawa Ground Lease Sells For $9.1M On 5/20/26 Taylor & Capshaw Bought Wawa Site For $3.5M On 12/21 Why Did Brown ...Buy? Analyze Taylor/Capshaw ROI… Where Does UVA Lacrosse Stand With Financing? Are UVA Olympic Sports In A Fragile Position W/ Future? Natalie Oschrin v Sally Duncan: Most Concerning Leader? 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.

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Starting point is 00:00:08 Welcome to the I Love Sevo Show, guys. My name is Jerry Miller, and thank you kindly for joining us on a Friday afternoon in downtown Charlottesville. This is the Water Cooler Content and Conversation. It's the I Love Seville Show. Last piece of content, at least live broadcasted content for the network this week, the Friday edition of the show. We've had a good week. We're on the cusp of launching potentially a new show for the I Love Seville Network. kind of working out those contractual details now. That would then take us to 20 hours a week,
Starting point is 00:00:45 you know, between 15 and 20 hours a week of live programming. That puts us right there neck and neck with 1070 WINA. Today's program will be some breaking news. We'll talk deal flow. We mentioned to you last week or a couple of weeks ago, certainly this month. It's all running together, that the Wawa Ground Lease was for sale. I had conversations with a number of people that watched the show about this opportunity. Well, we now have a buyer, and it's Charlottesville Parking Tsar Mark Brown, who is the owner of the Wawa Ground Lease. We'll analyze the deal flow on the program today. I'll ask the question, why does Mark Brown, the Charlestville Parkings are won a
Starting point is 00:01:40 Wawa ground lease at an old Hardy's fast food site. I mean, it's a fantastic corner. It's right next to the interstate. Why did Mark Brown do this? $9.1 million. We're not talking small money. We're not talking peanuts here. 9.1 million.
Starting point is 00:01:57 First marketed by the fine folks at Tallheimer for sale at 9.2 million. Trades for 9.1 million officially closes on the 20th of May. This will be breaking news for you. The viewer and listener, Corrin Capshaw and Alan Taylor absolutely crushed it on this deal. Somewhere between $3 million,
Starting point is 00:02:21 they are ahead after this transaction. I want to put it in perspective what's happened on the program today. Ask questions, did Charlottesville Parking Tsar, Mark Brown, do well with this transaction? Why did he pursue this opportunity? What's the upside for him with this opportunity. Some of the stuff that's been relayed to me, we will relay live on air while protecting anonymity of our friends and contacts and the people we trust. That's how we get information. We understand the concept of anonymity and keeping names out of conversations. A lot I want to cover on the broadcast today, including some fantastic reporting just released by Jerry Rackleff on Virginia LaCross, Dom Starja,
Starting point is 00:03:07 Kevin Cassice, Carla Williams, and the true financial stability of a men's lacrosse program. It's no secret. The Olympic sports programs at the University of Virginia, some are in very fragile, if not tenuous positions, as Carla Williams has offered an edict that they must be endowed and self-funding because the money from the athletic department is few and far between. I was shocked, if not astonished, to learn from Jerry Rackleaf on Jerry Rackleff. And we'll give him a plug, $8 a month at jerry rackliff.com. It's a subscription.
Starting point is 00:03:44 $8 a month, the price of a cup of coffee. You know, you get 40 to 50 fresh pieces of UVA sports content by a Virginia Sports Hall of Famer and an award-winning writer. Jerry Rackleff has more awards on his resume than any writer or journalist on the Virginia Sportsbeat. And folks, it's not even close. $8 a month, the price of a cup of coffee, it's well worth it. He's got, you know, 16,700 subscribers, and it is absolutely, ladies and gentlemen, worth the price of admission.
Starting point is 00:04:16 Today's story is on the financial stability of Virginia men's lacrosse, and it's a gateway into the tenuous nature of UVA Olympic sports. As the boss, Carla Williams, the athletic director, has said they will now need to be endowed. The UVA squash program, the first to do this, they are the benchmark. and the barometer, thanks to Jeffrey Woodruff, of how a varsity program at the University of Virginia can sustain itself through endowment, through donations that are now, that are positioned as endowment that can basically sustain a program in perpetuity, squashes the first to do it. Now the other programs are expected to do the same. We'll talk about that on the show today. I want to compare and contrast on the program today, the female counselors and the female counselor and the female supervisor,
Starting point is 00:05:16 Natalie Osharan, Charlottesville City counselor, with Sally Duncan, Almar County Board of Supervisors. Look, there's also Ann Malick on the Board of Supervisors and B. Lepistow currently on the Almar County Board of Supervisors. So there's three women, three of six, make up Alamaro County's leadership team. The most progressive, if you may, air quotes, progressive, the most left-leaning, the most someone called socialist, certainly in the case of Sally Duncan, Almar County, Jack Jewett, representative. However you want to pigeonhole these two ladies, I think all. monikers fit both maybe not socialist for Natalie Oshran, certainly socialist for Sally Duncan. They're very housing forward, their very housing supply forward, they're
Starting point is 00:06:16 very pro-luciding zoning. Sally Duncan would expand the Almore County Development area yesterday if she could. Natalie Oshran was the ringleader of the mark, the UVA Luxury Student apartment tower in Fifeville. Natalie Oshran with her air quotes, Oshronomics, is going to potentially radically change and radically gentrify Charlottesville City for generations to come with her potential leadership. I want to compare and contrast Natalie Oshran
Starting point is 00:06:47 and Sally Duncan and ask you this question, who is the most concerning leader? And my mistake on that, and this is me being anal and OCD, Judah, on headline number seven, I'd like to see that as a colon and not a semi-quist. colon. That's my mistake. And yes, that's me being anal on the program. Natalie Oshran versus Sally
Starting point is 00:07:08 Duncan, colon, most concerning leader. Who's the more concerning leader? Natalie Oshran or Sally Duncan, if you're, you know, center-iseled with your ideology, your mindset, and how you just go about living your life. If you're, if you're anti-growth, not anti-growth, but prioritize infrastructure above a head of development. And I'm not, I say this all the time on the show. I am not in opposition to development. I'm not, okay? I insist that we prioritize infrastructure like roads and water and schools and transportation
Starting point is 00:07:48 and police and EMTs and the environment, at least on the same plane as development, if not the first step prior to development. That's of the mindset I am. And I don't think the 5% Almore County development area should be expanded in any capacity until we're at saturation point with that 5%. And no, I don't think we should trade out any areas of the Almore County development area, whether it's Rivenna Village, as the Glendmore neighborhood, my former stomping grounds, pretty much cock block development from happening over there in the Breezy Hill area.
Starting point is 00:08:25 Stanley Barton's going to bring 80 or so units to Breezy Hill. at one time the plan with with with with frank and charlie at southern development was to do a hell of a lot more than than 80 rooftops at breezy hill okay and and and i was firsthand saw how glenmore's ogy strategized against this project and won i've heard from folks like neil williamson the president of the free enterprise forum biscuit run the park um follow that history closely viewers and listeners it's online i'm not going to go down that rabbit hole today but that was earmarked for hundreds if not thousands of rooftops and then it was eventually evolved into a park which Neil Williamson would say took a boatload of housing out of the ecosystem and and once it got converted to a park Neil Williamson's of the mindset the president of the Free Enterprise Forum that the same track of land outside the development area should be earmarked for development because you took a massive portion of the development
Starting point is 00:09:27 area and you converted it to a park. I get it. I don't buy it. My two cents. A lot I want to cover on the show. The lead's going to be Mark Brown. I'd like to give some attention to Charlottesville Sanitary Supply. We'll weave you in on a two-shot, Judah. Charlottesville Sanitary Supply has been a business for
Starting point is 00:09:45 62 years. They're a client, their friends, their partners. 62 years on East High Street online at Charlottesville Sanitary Supply.com. We rolled out an e-commerce website with their guidance and worked alongside them. This e-commerce website is crushing, free in market delivery, price points that beat the big box brands,
Starting point is 00:10:08 and you're supporting a locally owned and operated business. We worked alongside them with this Charlottesville Swimming Pool Company business as we wanted to drive attention to services that were already being provided that needed their own brand and their own professional umbrella and moniker. And Charlottesville swimming pool company is that. They've been doing it for 62 years at Charlottesville Sanitary Supply. We should do it as Charlottesville Swimming Pool Company. They call them sister divisions or sister companies, above ground pool, in-ground pool, water cleaning, you know, the pool robots, the pool shape.
Starting point is 00:10:41 We have a swimming pool at our home in Ivy. And in Charlottesville Sanitary Supply and Charlottesville Swimming Pool Company, this team is kipping in tip-top shape, ladies and gentlemen. Judah Wickhauer is behind the camera. Your favorite day of the week, your favorite day of the month, this is payday Friday. Your second favorite day of the month is non-payday Friday. This is, I mean, I don't mind it either way. My favorite day of the month, favorite day of the week is the Monday. As we get the week, rocket and rolling.
Starting point is 00:11:13 Unless it's a Monday off. I hate Monday offs. I despise Monday day offs. I was here on Memorial Day for half of Memorial Day. working. I love what I do. I talked about this last night. Yesterday was the 18 year anniversary of the Miller organization. 18 years of waking up every day, self-employed and figuring out how I'm going to feed myself, pay the bills, pay the mortgage, keep a kid in private school, a three-year-old soon-to-be in private school, our wife actively, my wife actively involved in this business,
Starting point is 00:11:48 18 years of doing this. And it has been a journey. Now we have it dialed in. Did not always have it dialed in. The first six months I talked about this on the I Love Seville Network, zero clients for six months. Almost defaulted on a mortgage at the Vills at Southern Ridge. The first piece of property I purchased. I think it was like 24, 25 years old.
Starting point is 00:12:11 It was a three-bedroom condo. How to invite two buddies into the bedrooms I was not using. charged some $400 a month rent just to meet the mortgage. If I had not have made that happen, I would have lost that condo. Had no other money for food, went to the Panne Garden buffet on Emmett Street, where I think Carmelos was at one point across from Lambeth Commons, literally with Ziploc bags in my pocket. And when the fantastic Asian ladies that kept the buffet, lunch buffet full,
Starting point is 00:12:42 I think it was like $4.99 lunch buffet. I was scraping General Soes chicken and fried rice and egg rolls into Ziploc bags and then stuffing them into bagpacks. And that was the food for two days for me and Lucy, the beautiful brown dog, a chow chow, German Shepherd mix. Now that condo, no debt, $2,500 a month and rent in a 24-door portfolio that is free and clear of lender, seller finance lender overhead. It has been a journey, and it's a journey that I would not trade. Otherwise, I close my commentary on yesterday's show or on my post on the I Love Seville Network with three messages. I'll offer it on the program today. For those that want to pursue the life of someone that is self-employed or has to wake up every day and run and operate a business,
Starting point is 00:13:34 I offer you three pieces of advice very straightforwardly. If you want to make your passion, your profession, you're never going to work a day in your life. they're not all going to be easy days but truly you will feel like you've never worked a day in your life the second piece of advice that I that I posted yesterday is dude this is fucking America okay pick a job and become the person who does it that's what the beautiful thing about this country is
Starting point is 00:14:01 pick a career something that makes you passionate or drives your interest or keeps you motivated and fucking be the person who does it you can do that in this country it's wonderful and then the last thing is if you're going to do this life of waking up every day and figuring out how you're going to pay your bills and be self-employed and have a team that's responsible that looks to you for responsibility to meet their mortgage to meet a weekly twice a week paycheck you know you you have to understand that this is a life in entrepreneurship is a fight for for for a knife in the mud and it's a
Starting point is 00:14:40 If you're not every day able to wake up and fucking win that fight for a knife in the mud, then this is not the path for you. It is dog-eat-dog. Okay, and I'll get off my soapbox now, but 18 years of doing this. And you know what? I am proud of this. I am proud to be in this position. And I cannot wait if they want it.
Starting point is 00:15:00 I'm not going to put it on them. Okay? But if our two boys want one day to get into the family business, which is now very much deal-making and solving problems, and connecting money and connecting people, I'll happily do this and work alongside them. Okay, I think that is potentially the legacy there. Now, to the news of the day,
Starting point is 00:15:24 I think we have three or four lower thirds that we can put on screen as it applies to what's breaking news for you, the viewer and listener. This month, we were the first to let you know that the ground lease, the Wawa ground lease, was for sale. Alan Taylor, River Bend Development, Corrin Capshaw, one of the most influential
Starting point is 00:15:48 individuals in Charlottesville and Central Virginia. Corrin Capshaw, one of the most influential and impactful people in music. Corin Capshaw, most noteworthy of Dave Matthews management fame. Corin Capshaw, Red Light Management, Corin Capshaw now developer, Corin Capshaw now investor,
Starting point is 00:16:08 corn capshull, Star Hill Brewery, Corrin Capshaw, literally building neighborhoods. Corrin Capshaw, one of the most impactful and influential people in the region and beyond, period, bar none. He and Allen by the Hardee's fast food restaurant, the Hardee's on Fifth Street Station. The tail end of Hardys at that Fifth Street Station
Starting point is 00:16:30 was just the nasty, nasty place to live. The nasty, nasty place to eat. At one time, you can get a great breakfast biscuit, bacon egg and cheese and those flaky biscuits from Hardee's. At the tail end, it was deplorable the health conditions there. They buy the Hardy site, and you're rotating lower thirds on screen here, Judah, for this. They buy that Hardy site for $3.5 million, ladies and gentlemen, on December 28, 2021. Because it's December 28th, I'm just going to call this 2022, okay?
Starting point is 00:17:02 2020, they spent $3.5 million for it, the hearty sight. And these guys are extremely talented, extremely intelligent. I remember, I've been in this community for 26 years. I remember when Alan Taylor was the general manager of positively 4th Street, the old red pump kitchen. It's the Indian restaurant. What the hell is the Indian restaurant called? Lazziz.
Starting point is 00:17:28 Lazziz. I've never eaten there. Have you eaten there? Yeah. word on the street is it's very, very good. It's really good, yeah. You enjoy Indian cuisine? 100%.
Starting point is 00:17:38 Okay, one of the few cuisines that I've never had in my life. Wow. So I'm not going to offer a take on the menu because I never had it. That used to be Red Pump Kitchen. Mm-hmm. That was Positively 4th Street. I remember Alan Taylor when he was the general manager of Positively 4th Street, when he was running a restaurant.
Starting point is 00:17:57 I remember going into that restaurant, not speaking out of turn, Alan. I think you would agree with this. Where I went into this restaurant, this is when I was literally launching my business at the beginning, early stages of launching the Miller organization, and our first client, our first vertical of clients, our first kind of silo or focus of clients we went after was restaurants. We understood that if we put restaurant pictures and call-to-action messages in front of our massive following of people,
Starting point is 00:18:29 that community members would respond. That's when social media was being used to basically hook up with people. That's what Facebook was used at the time, is how can I hook up with people? Instead, we decided to use it for business. We were the first in the market to do this locally, and we gained tremendous momentum by putting call-to-action messages.
Starting point is 00:18:53 I would go into restaurants. I remember Alan in there, and I'm like, this guy is completely overwhelmed as the manager of Positively 4th Street, as the GM of Positively 4th Street. You know, I thought he had incredible human connection gifts and talents. I'm like, it's not here as a restaurant.
Starting point is 00:19:10 First 15, 20 minutes, I was like, this is in it. And he clearly has found it in conjunction with Corinth's guidance and capital and business mindset and skill set. And River Bend development behind the scenes is a effing player in this community of significant proportions. They buy the Hardy site for $3.5 million. Okay?
Starting point is 00:19:36 The Hardy site has got a lot of things going for it, and it was not flaky biscuits and bacon, egg, and cheese sandwiches served in the nastiest of conditions. It was the dirt. It was the vehicle traffic that went by it. It was the interstate that was right next to it. It was the fact that they were also developing Fifth Street, station at the time and had Wegmans as an anchor tenant, had Dix secured, had a movie theater
Starting point is 00:20:02 secured, that land becomes extremely valuable. How about the amount of rooftops that are next to the Wawa and Hardy site? I mean, just off the top of my head, Oak Hill Farm, Mosby Mountain, Redfields, the Villas at Southern Ridge, where I initially had purchased that first condo when I was 24, 25 years old. Those condos were dumps when I bought it. The only thing I I can afford when I was 24 or 25 years old. I think I spent a buck 82 on it. The ROI on those condos still well below the ROI if I invested, I guess the down payment at the time on that was like 20K.
Starting point is 00:20:41 No, I put 20% down at the time. So that was like 36K. I think those condos now track now have value of in the 260, 270 range. Regardless, I barely used my money to cover the mortgage debt. I had people renting from me and then tenants in there. The units are now shockingly running for $2,500 a month. I digress. I apologize.
Starting point is 00:21:01 Mosby Mountain, Mountain Valley Farm, Redfields, the Woodlands. What, Aaron Loffer and Tripp Stewart on the lion's share of the woodlands, a fantastic apartment complex right behind the Ville's at Southern Ridge. Then down Avon extended, you have even more housing. I mean, that's the upside of the Hardy site. Interstate, vehicle traffic, Wegman shopping, center. R rooftops.
Starting point is 00:21:27 They know this. $3.5 million. They find a tenant in Wawa that builds it out. Now, they had money they put into development, underground infrastructure, permitting, carrying costs. There's a little shed on that piece of
Starting point is 00:21:45 property that they had to build. But they got a fantastic tenant in Wawa. And Wawa was willing to sign a 20-year lease. And Wawa is as secure of a tenant as you will find, ladies and gentlemen. And this 20-year lease with a, what, a five-cap? Was it a five-cap? Okay. You got a net operating income of $470,000. You got 48 spaces, 9.1 spaces per 1,000 square feet. The building, 5,300 square feet built in 2024.
Starting point is 00:22:25 I mean, Wawa is as secure of a tenant as possible. They've been in operation for what? Almost a couple of years. The Wawa. So that 20-year lease, what does it have? 18, 19 years left on it? It was marketed for $9.2 million. Charlestville Parkingzar Mark Brown, 9.1 million.
Starting point is 00:22:48 I would bet you this is a 1031 exchange. from Mark Brown, the parking's are? I would bet you Mark Brown needed to park some money somewhere, saw this as some low-hanging fruit. I would not be surprised if Mark Brown found out about this opportunity from yours truly in the I Love Seville Show. Mark McCallin, 12, please, is my preferred beverage. You can drop it off here as Conan Owen did yesterday
Starting point is 00:23:15 at 406 East Market Street. Now, I want to dissect this deal from every single ankle. I want you, the viewer and listener, to offer some perspective. Do you have photos that you can put on screen for this, Judah? Yeah, I've got a photo. William McChasney watching the program. Jason Hampshire watching the program. I got print, radio and television watching the program.
Starting point is 00:23:34 Cover this with your legacy media. Print radio and television. Put the photo on screen. So people will know what we're talking about. Deep throat, this is right up your alley. Your thoughts on this deep throat. Right up your alley. Here are the questions that I have.
Starting point is 00:23:51 did Mark Brown do well with this deal? Would Mark Brown have been better suited putting his money into something else? A 1031 exchange, you have a limited time frame of what you can identify, the shortlist, and then what you eventually purchase. So he is, I would imagine it's a 1031 exchange on some kind of time crunch, Mark Brown.
Starting point is 00:24:14 There you see the site, put it on screen, it's on screen there. Judah, weave me back in. Here's some of the cons. some of the cons of this deal if you're Mark Brown. With a ground lease, you cannot necessarily depreciate the building. You cannot depreciate the building with a ground lease. So you're not getting the big tax benefit right there if you're buying this ground lease.
Starting point is 00:24:40 That's one of the concerns you would have with this. I'm curious what Mark Brown sold the front end of the 1031 exchange. I'm curious about that. I will try to do some digging into this. Mark will watch this. I'll text him. I'll ask him.
Starting point is 00:24:58 He'll probably choose not to comment. Mark did not want it known that he was the buyer of the Wawa Ground lease. This is public record. I'm not speaking at a turn. It's literally public record. If you subscribe to I Love Seville,
Starting point is 00:25:16 subscribe to our substack. It's $8 a month as well. And we literally are pumping and publishing and aggregating all the GIS transactions and one very easy place for you guys to navigate and peruse and study. $8 a month and you get all the real estate transaction information for Charlottesville City.
Starting point is 00:25:37 Subscribers learned about this a couple of days ago. Talking about it now on the I Love Seville Show, it's the value proposition I'm offering our subscribers here. Capshaw and Alan Taylor crushed it in this deal. What do they walk away with something like three or four million dollars in profit? I mean, they buy the Hardee's. Remember, December 28, 2021, I'm going to call that 2022. They bought the Hardee's.
Starting point is 00:26:04 So here we are 2022, 23, 24, 25, halfway into 26. Let's call it four and a half months, not even four and a half, not even four and a half years, four and a half years, excuse me. 2022, 22, 23, 24, 25. Call it four and a half years. They're walking somewhere between 3 and 4 million in profit. That ain't bad. I would love deals like that.
Starting point is 00:26:31 Get me more of those deals. Props to Alan Taylor, props to Cor and Capsule. Another pelt, another trophy in the trophy case. Mark Brown, he's got as secure a tenant as you're going to find. He's got an OI that is substantial. I mean, the net operating income of $470,000. He's got a marginal uptick and rent every year. He's got a safe place to park his money.
Starting point is 00:27:10 I'm very curious of what he's sold to get to this point with the 1031. Viewers and listeners, let us see. know your thoughts. I'll relay. I'm live on air. I'm glad to see Deep Throat commenting on this. This is right up his alley. Other viewers and listeners that are watching this program that work in development and deal flow, I see you guys watching. I would love your comments as well. And thank you, John Blair. He said the Panda Garden was right next to Carmelos, not at the Carmelos location. And it's been torn down. It's a grass field, 100% right. Pantagarden buffet kept me alive.
Starting point is 00:27:46 and my dog Lucy, the Chow-Chao German Shepherd alive. This is from Deep Throat. And, Judah, if you have any comments that you want to ask questions, just give me a hands up, you know, and you jump in the mix as well. We value opinion. Deep Throat, Deep Throat, number one of the family. I would say that if the ground is 1031 eligible, then it makes sense. A 20-year ground lease is like buying a bond.
Starting point is 00:28:11 Wawa is very creditworthy, is a very creditworthy counterpart. probably easier to sell than a full property because it is such a bond-like investment. So he can sell it and move on to something else pretty easily if the ground is 1031 eligible. Any of the viewers and listeners that are watching this show is the ground 1031 eligible? I would love the insight. I don't have to utilize your name on that question. Good insight for deep-throat. I want to know what Mark P.
Starting point is 00:28:46 round sold for this 1031, the back end of the 1031. John Blair says, can you put the picture back on screen, Judah? If you can put the photo back on screen, John Blair, let us know when it's on screen. There it is. It's on screen, viewers and listeners. John says, I thought I noticed a lack of solar panels on the roof. That could be a potential revenue stream for the property in addition to the existing cash. You see solar panels on that?
Starting point is 00:29:17 I do not There's a lack of solar panels on a lot of places around Charlottesville Who was it? Actually, I think it was deep throat He's got a significant home in Charlottesville City And he mentioned on this show in the comments section I'm not speaking at a turn The challenge, I think it was like seven or eight months
Starting point is 00:29:38 Before he could get his solar panels on his on his mansion in operation Because of inefficiencies with the building department, inspection department and city hall. Interestingly, yesterday we talked about one building inspector working for Charlottesville City and how asinine and inefficient that was. Today,
Starting point is 00:30:02 City Hall, Neighborhood Development Services, and the building inspection department, which is one person, has decided to have a town hall with the development community. Is that a result of the attention we position on the department on yesterday's show where we basically held them accountable and called them out and threw shade on them in front of 10 or 15,000 people locally. It's one thing for city council to create zoning flexibility.
Starting point is 00:30:32 It's another thing for city council to, in a three-two vote, approve the mark for development in Fifeville and bring 700 beds to the city. it's the exact opposite of that having one building inspector. You can't be pro pound your chest. We're going to create housing supply through zoning flexibility and pound your chest and say we've created more housing stock with the approval of the mark in Fifeville, what landmark properties is going to do next to West Haven,
Starting point is 00:31:05 and what Woodard properties is going to do in the Rose Hill neighborhood, three significant luxury apartment, towers on the near horizon and historically black and brown and marginalized communities, Fifeville, Star Hill, and Rose Hill. We told you that this was going to happen with the new zoning
Starting point is 00:31:25 ordinance, that the black and brown communities because the dirt was the most affordable in these communities, would be targeted for development. City Council cannot champion we're doing this supply, supply, supply, to stabilize price point, price point, price point, and then at the very same time have one
Starting point is 00:31:41 building inspector. That's called what do you want to call that? You're the nicer person than me. Lack of foresight? Idiocy. Can't see the forest through the trees. Morons. Numb nuts.
Starting point is 00:31:59 Now you're just calling names. Okay. Sorry. That's why I asked you first because you're a nicer person than me. And I give a reply. Okay. Can I say can't see the force through the trees or can't get out of your own way?
Starting point is 00:32:11 In some cases, I'm sure, yeah. relax zoning, approve apartment towers, but have one building inspector? I mean, come on. Sure. Okay. All right. You're right. I should have called them names.
Starting point is 00:32:23 I apologize. Handsome Hank Martin's photo on screen. Speaking of parking, do you, Judah or Deep Throat have any data on the property at Tarleton's Oak and the Lucky 7 Guadalajara site? Weren't they supposed to develop, to be developed? There was definitely talking about. He said Tarleton Oaks with offices and apartments and Lucky Seven and Guadalajara is. a parking tower and that wasn't the city involved. I can offer insight into
Starting point is 00:32:49 the Lucky 7 in Guadalajara site. Charlottesville City does own that. And this is a perfect segue into parking czar Mark Brown. When Mark Brown, this is why he's known as notorious, and a lot of circles is
Starting point is 00:33:05 notorious. I'll moniker him as aggressive and understanding the concept of leverage and I'll moniker him as shrewd. I will moniker him as you're doing a deal with him, sleep with
Starting point is 00:33:21 one eye open, read every single page, dot every eye and cross every T. But you know what? I don't mind, that's how some people do business. Especially in commercial world, okay? Mark Brown and the city were going balls to the wall, toe to toe,
Starting point is 00:33:37 a brouhaha of significant proportion about parking in downtown Charlottesville. And when Mark Brown and the city were, you know, what is it, what is the moniker? When elephants fight, it's the grass that suffers. And when the city and Mark Brown were fighting, the grass that was suffering were the average Joe's and the average Jennifer's that were trying to patronize downtown Charlottesville, because parking was about to be, some would say leverage, others would say extorted. And when you
Starting point is 00:34:11 can't park downtown, people can't go downtown, and then you don't have an ecosystem for downtown. That's when City Hall decided to purchase the Guadalajara and Lucky 7 site. And they were going to build parking in the Guadalajara and Lucky 7 site, tear down those businesses, and build parking opposite the Market Street garage. Because Mark Brown controls the Water Street garage, the city controls the parking, the Market Street garage, and the city says we need to cut Mark Brown out of this equation. He's negotiating in bad faith. So we're going to buy the two parcels opposite the Market Street garage, the Guadalajara and the Lucky 7. And we're going to buy the two parcels opposite at the Market Street Garage, the Guadalajara, and the Lucky 7,
Starting point is 00:34:45 and we're going to use that to ax Mark Brown and castrate his leverage, because we're just going to build another parking structure. That may or may not have gotten Mark Brown to a reasonable spot with his negotiation, because he realizes Jesus, the city just spent millions of dollars on Guadalajara on Lucky 7 site, and they're going to spend even millions more to build a parking structure across from that other garage. If they do this, my Water Street garage has a lot less value proposition, and I have a lot less leverage and a lot less upside as a parking czar. I get it. And that created a deal. Did the city, Hank Martin, with the purchase of Guadalajara and Lucky Seven, was that negotiation
Starting point is 00:35:33 with the parking czar Mark Brown? Regardless, the deal that Deep Throat can offer some perspective in this. We've talked about this in the past. The deal that might be a lot of, Mark Brown has in place with the Water Street parking garage and the city's accessibility for residents at the Water Street Park and Garage is one of the most advantageous deals I have ever seen. Do you have the deal specs on hand, deep throat for that, that you can DM me? I'd have to find those, and I'm talking on a host of a talk show right here. I would love to see those. He does say, yeah, for four months, I had to wait four months to get the inspection.
Starting point is 00:36:12 done on my solar panels. The panels were up and ready to go, but it literally was four months before a building inspector could come to my house in the city and offer an approved inspection. And then he says for Hank Martin, Tarleton Oaks, the site plan was filed in January 2025, and nothing has happened since. There's a lot of people out there that refuse to do any kind of business in any capacity in Charlottesville City. Q. Judah Wickhauer, Q. Q. Bonds, cue his father losing hundreds of thousands of dollars with bonds Judah Wickhauer's time to shine. Yeah, I mean, they were actually in the middle of building a small, you know,
Starting point is 00:36:52 a small neighborhood. I don't know the exact number of houses, but I believe it was less than 10. Still, they were in the middle of, you know, doing exactly what we talked about. Your dad and. And Bo Dickerson. Yep. At the time, Dickerson development. Yeah.
Starting point is 00:37:08 Mm-hmm. and as well as a as well as a higher end company called echelon. So they're doing exactly what we were talking, what we talked so much about, which is building housing. And they were put out of business by the city. I mean, that's the long and the short of it.
Starting point is 00:37:30 And it hasn't gotten his money? No. And is that how much? And in fact, I think he sold, he basically had to dip into person. funds in order to pay off people that he owed because he had given personal guarantees.
Starting point is 00:37:46 Juan Sarmiento watching the program right now. He works for Charlottesville City. He goes, I work for the city. I see he works in transportation. Juan, are you a mechanic? Are you a mechanic on city buses, I believe? He says he's on the clock right now. I work for the city. I see a lot of good people leave the city for better paying jobs, sometimes in other cities and counties. the city needs a reality check on what a decent wage for some positions within the organization. I think Juan Soramiento works for Charlottesville City and commutes from Louisiana County. Juan, is that a 45-minute one-way commute for you to work in the transit department? I think it's 45-minute one-way.
Starting point is 00:38:28 Is that somewhere between 30 and 45 minutes, depending on how you catch the wind with your sailboat? I have curiosity? Deep Throats offering some color on the deal. Mark Brown knows how to put a deal together. The garage deal, Mark Brown's ground lease at the Water Street Parking Garage, jump from like $500,000 a year to nearly $2 million a year. And then in 2004, there is an option for the city to buy the ground from Mark Brown. Mark Brown loves to buy ground.
Starting point is 00:39:02 Mark Brown, give me a little rhyme right there. Mark Brown on ground. Mark Brown buys ground Did it? I mean, think about it. Okay, there's a perfect example right there. The ground bought by Brown lies mainly in the town. Oh, that's so good.
Starting point is 00:39:20 I'm coming over and give you a hug. Studio camera. Are we on studio camera? Kind of. I was so good. Okay, you need to stand up. Which shot are we on over here? This is the shot.
Starting point is 00:39:34 You should be getting up over here. God, come on. It's so good. Jim. Oh. Say it again. Did you forget it already? No, no, no. The ground bought by Brown lies mainly in the town.
Starting point is 00:39:48 Okay, so he's got a ground lease at the Water Street parking garage. He's now's got a ground lease right on the city-county line at the Wawa. He's probably like, I love this ground-lease concept. Yeah. Oh, man. So if you're just tuning into the program, that's breaking news for you. Charlottesville Parkings are Mark Brown, and I love Seville subscribers, had this information.
Starting point is 00:40:16 Was it last week we gave it to him? In fact, I can tell you the date. If you're not subscribing to the I Love Seville Substack, you're not as smart as the people who are subscribing to the I Love Seville Substack. The people who subscribe to the I Love Seville Substack are smarter than the people that don't. Just being straightforward.
Starting point is 00:40:33 We gave that information to subscribers seven days ago. Seven days ago. I'm curious Mark Brown with the ground lease, you cannot depreciate the building so you don't get the big tax benefit for that. I also heard from someone in the development community. I'm not going to utilize his name. Let's say there's 18 years left on this lease.
Starting point is 00:40:59 Are we in a gasoline-centric world 18 years from now? You think somehow we're going to get out from... I have no idea. I don't know. That's out of my pay grade. 18 years from now, is it a... gas-centric world? Is it an EV-only world?
Starting point is 00:41:18 Do you realize... I'm just saying... I'm just saying that in terms of becoming an EV world, I don't see that happening with all the data centers popping up. There's just too much... There'd be too much... Devil's advocate for the sake of a talk show?
Starting point is 00:41:35 Gas has been in the fours for how long? Yeah. They're talking gas. The guy, head of Exxon, I was reading one of the, I think it was on CNBC, the head of Exxon said, we're at dangerously low levels right here. And that if things don't get figured out quickly, expect significant escalations at the pump. I don't know if you, viewer, listener, I am going to make this about
Starting point is 00:42:03 politics. Okay, we spare no expense on this program. Who's tired of the back and forth with Trump and Iran? Everyone. How many times has Donald Trump said, this is my last, my last negotiation. It will be you, Aramageddon on Iran. We'll blow them to smithereens. Look, I am a God-fearing person, okay? But if we truly are negotiating with terrorists, men that despise America and do not negotiate in good faith in any capacity, and if these men truly do not negotiate in good
Starting point is 00:42:38 faith in any capacity are disingenuous, are dishonest, hate Americans, and have access to nuclear in any capacity, then isn't it time for us as a country, as a government, as an administration, to terminate the threat? Are we not at that point? Because if anyone thinks we're at a point where this is peak inflation,
Starting point is 00:43:04 you're not reading the tea leaves correctly. We're in the early stages of peak inflation here. We're the early stages of expensive gas, the early stages of expensive groceries, the early stages of expensive labor, the early stages of expensive cost of goods, the early stages of expensive leases, the early stages of floating debt,
Starting point is 00:43:27 expensive floating debt, the longer than this keeps going, the more expensive. Mark it down. Juan Saramanto says he works not just, not on the buses, but on other vehicles. that are Charlottesville City vehicles.
Starting point is 00:43:47 And it takes him 30 minutes to get from his home in Louisa to Charlottesville where he works, and he works in the fleet department, the fleet division. So not on the buses, but on the other vehicles. Juan Sarmiento, we appreciate you watching and listening to the program. We value your insight, especially as it applies to Charlottesville City. William McChesney is watching the program. The lack of movement on the Lucky 7 parking garage
Starting point is 00:44:11 is probably an indication of how long it's going to take to prepare the homeless shelter. I mean, we broke the news on this program. Literally, we were the first platform to report the news about Charlottesville City paying $6.2 million for 2000 holiday drive. We were the first to report the news that it was going to be about $20 million in three years before a holiday drive was going to come online.
Starting point is 00:44:32 We were the first to report the news that Al Morrow County was going to get shaken down by Charlottesville City for $10 million. First to tell you about all that. First to tell you about the Wawa deal here. I'm not so sure that the William McChesney, the mayor of McIntyre, his photo should be on screen. I'm not so sure that the Lucky Seven Guadalajara purchase was not a negotiating leverage point or maneuver or tool to try to keep Mark Brown in check with what he was doing when some would say he was extorting the city. I'm not saying that, Mark. I'm saying you're just a shrewd, aggressive negotiator.
Starting point is 00:45:12 I'm not going to say notorious. Some would say that. I'm not going to say that. I'm not going to say that. Anything you want to add to this, Judah Wickhauer, as we highlight Spencer Pushard and Bob Shotta, who are watching the program. I got a city counselor and two Almore County supervisors,
Starting point is 00:45:26 and Nelson County supervisor, Orange County supervisor, Louisiana County supervisor, a planning commissioner in Almore County watching the program, print radio and television watching the program, Commonwealth's attorney watching the program, a couple of hedge fund magnets watching the program. Thoughts, Judah Wickhauer,
Starting point is 00:45:41 on the water cooler content and conversation. I've got a wonderful graph, that Hank Martin? Hank Martin sent me. What's the wonderful graphic? You'll see it in a second. Here we go. It's on screen? Remember, I'm on a 10-second delay here. I know. It's on screen. You'll see it in a second.
Starting point is 00:46:00 Look at the screen, viewers, and listeners. Am I looking at it now? I think you are. This is courtesy of handsome Hank Martin? It is. I can't wait to see the graphic. Is it on screen? It is. You're not seeing it yet? No, I'm not seeing it yet. Remember, I'm going to delay. I know. It seems like a long delay today.
Starting point is 00:46:16 All right, hold on. I just hit refreshed with the hope of seeing it. Hank, this is a wonderful illustration of my silly little rhyme. Oh, that's for you, Mark Brown. That's for you, Mark Brown. The ground bought by Brown lies mainly in the town. And you can see the UVA in the background and... The ground. This is the same Mark Brown
Starting point is 00:46:50 that one time was the ice rink owner. Now home to the code building. I watched Mark Brown one time when I was working out at ACAC downtown. His daughters were running the track at ACAC downtown. And I don't think they were going at the speed or the clip that he wanted them to be running. And literally was cracking the whip, watching behind them, pushing them to run much faster.
Starting point is 00:47:16 I was like, there you go. There you go. You know what? I respect that. I respect that. Judah cringes with that. I mean... What's that?
Starting point is 00:47:31 Yeah. You don't have anything to say about that? I posted something about this on the I Love Seville Network. Let's see if I could find that post with our sons. It is easier to build strong children than repair broken matter. that's how my wife and I are raising our two sons. It's easier to build strong children than repair broken men. Then I heard Tony Elliott say something that really resonated with me, the UVA coach. He said, I coach my kids hard, I love them even harder. I treat them fairly. I tell them the truth.
Starting point is 00:48:06 I give them opportunity, and I hold them accountable. That really resonated with me, Tony Elliott. And then I took what you said, I wrote it down, and then I read it to my two boys, our eight year old had an idea of what I was talking about. Our three-year-old was listening to me, picked his nose, and then ate his boogers. So I'm not sure if he really appreciated what you had to say. But our eight-year-old did. All right. It's the 125 marker. Other topics I want to get to on the program today. Judah, what's the next headline? Let's see. We've got something about UVA lacrosse financing. Jerry Rackleff, $8 a month. He just published a story that is a fantastic read. The headline is, yes, UVA lacrosse has money to compete, but must enhance that
Starting point is 00:48:54 going forward. It's about a thousand-word, 750-word analysis on the state of men's lacrosse, Kevin Kesey's the new head coach, and where it is from a financial stability or fragility standpoint. Opposition, for example, the North Carolina lacrosse program, the Duke lacrosse program, when it's recruiting out-of-state students, it offers those out-of-state students in-state tuition. And it's about a 2X Delta out-of-state versus in-state. The University of Virginia does not do that.
Starting point is 00:49:32 And the coaching staff, whether Dom Starsia, Lars Tiffany, Kevin Kassiz is like, dude, we're all recruiting the same people for North Carolina and Duke to go after the talent in the northeast or the mid-Atlantic that's out of their respective state, have the ability to offer in-state tuition, that is a huge savings for those parents.
Starting point is 00:49:52 No doubt. I mean, at a state University of Virginia soup to nuts, what are we talking, 85K? Out of state University of Virginia, soup to nuts, what are we talking, 45K? Those are yearly numbers? What are you talking to $40,000 difference? $160,000 aggregate. Call it 200K back of the napkin over a four-year career. That's massive savings.
Starting point is 00:50:16 just the in-state versus out-of-state. No doubt. Then they're also saying the NIL opportunities and the pay-to-play opportunities aren't where they need to be with men's lacrosse. Rackliff's got analysis on Jerry Rackleaf.com at $8 a month for subscribers of why, ladies and gentlemen,
Starting point is 00:50:36 the lacrosse programs, and it's a perfect segue into the Olympic sports, need to do significant fundraising and positioning their programs by being indefinitely. endowment backed in the immediate future. I've been told the deadline that Carla Williams has given her head coaches that their programs must be fully endowed is by the start, ladies and gentlemen, I've been told of the 2027 fall semester. So by 2027 August, I mean, heck, at that point, your 2027 summer.
Starting point is 00:51:12 We're a year and change away where the athletic department, the teams need to be fully indebted. are they risk being stripped of varsity status potentially, risk being removed from the Atlantic Coast Conference potentially, and then be repositioned as kind of like a mid-Atlantic sports team with mid-Atlantic opponents. Basically get in a bus and drive places as opposed to fly places. One of the most asinine things I have ever seen was the ACCC baseball tournament, where it was California, Cal and Stanford.
Starting point is 00:51:44 Stanford and Cal were playing in an elimination. baseball game. And that elimination baseball game in the ACC tournament was played in Charlotte, North Carolina. You had a baseball team plus coaching staff and support staff. What are we talking? 40 to 50 people for Cal and 40 to 50 people for Stanford. Get on an aeroplane, fly to Charlotte, North Carolina to play one game and the loser's season was over. The winner got to go on to the ACC tournament. And they did it in Charlotte as opposed to California. What did that cost them? A couple of hundred thousand dollars of school?
Starting point is 00:52:22 Right. I mean, how much is a plane ticket? You go to the California, right? How much is a round trip plane ticket, California? I mean, there's no, there's no standard. If you bought a ticket for, if you bought a ticket to go to California tomorrow or next. This was on very short notice. Next week, it could run $1,200 a ticket where you could probably find, I mean, I don't know.
Starting point is 00:52:46 It all depends on days, times. You can probably get tickets to California for less than 400 if you get them early enough and at the right time of day. And if you're doing a weekend so they think you're going to need to pay for a hotel room. I mean, I don't know. What I say, $1,500? Per seat. Yeah. I mean, you wait a few days before?
Starting point is 00:53:11 It's possible. Yeah. Times 50 people? Yeah. 75,000 just for airfare? So you're saying two California teams flew out to... Charlotte, North Carolina. North Carolina.
Starting point is 00:53:24 To play one baseball game and elimination game. Against each other. That's what happened. The elimination game in the ACC baseball term. That is like saying you're pro zoning and pro housing stock and having one building inspector. That is idiocy. Idiocy. Yes? No? I mean, two California teams flying to North Carolina to play one baseball game and fly back.
Starting point is 00:53:54 Yeah, that's... Not after they get a per diem, not after they get a stipend for food and a hotel room. I mean, you've got to wonder, you've got to wonder who's setting this stuff up. Is it someone who just is, you know, hey, it's not my money, I don't care? or is it, I mean, is it someone that's giving kickbacks to or getting kickbacks from airlines? No one's getting kickbacks. No one's getting kickbacks. It's just archaic scheduling and programming.
Starting point is 00:54:28 That's all it is. It's not kickbacks. No one's getting kickbacks. Stanley Barner Holmes, let's give them some love. Dedicated to building homes that cater to each person's unique needs and lifestyles. High quality single family homes, townhomes, condominiums, designing constructed with innovative techniques that ensure exceptional, exceptional, exceptional efficiency and aesthetic appeal. Stanley Martin Holmes, design features and technology to enhance your living experience in home,
Starting point is 00:54:57 not just for today, but for years to go. Did you know Stanley Martin Holmes has built 600 homes in the last two years? Did you know Stanley Martin Holmes, ladies and gentlemen, is building a fantastic neighborhood called Breezy Hill right outside the Gates of Glen. more, 80 single family homes at Breezy Hill, 80, Stanley Martin Homes. And they're BTO built to order homes. Did you know Stanley Martin Homes just got approval on 45 or 46 single family detached homes? They just got final site approval in the Fry Springs neighborhood? Did you know that they're building hundreds of homes in Green County to capture the demand that is
Starting point is 00:55:43 AstraZeneca and Ravana Futures and Ravanna Station and the $4.5 billion investment by global brand, global biotechnology firm, AstraZeneca building its world headquarters in Northern Almaral County on the Green County line. Stanley Martin knows what's up. All right. It's 132. Is the only talking point we didn't get to today? Oshren versus Sally Duncan?
Starting point is 00:56:11 Yeah, pretty much. Let's save Oshran and Sally Duncan for Monday. I've been told one of them is watching the program. Natalie Oshran and Sally Duncan, we will compare and contrast you on Monday's talk show. Who is the most worrisome for their respective jurisdiction? Remember, I have a proposition bet. I am now 12 in 2 overall on proposition bets tied to the I Love Seville Network.
Starting point is 00:56:47 The win this week was a McCallin 12 bottle and a victory against Conan Owen on gasoline prices. The proposition bet that I have now in the works is one with someone that has asked for anonymity. That's tied to City Hall. And this particular individual and I have a prop bet on Natalie Oshran finishing her term. I have said Natalie Oshran will complete her term, her first term on counsel. particular individual says no way Jose that Natalie Oshrin finishes her term. I have put up $25, I have put up $100 to his $25. I've given him four to one odds.
Starting point is 00:57:29 This particular individual has said, I'm willing to do this bet because I know that Natalie Oshren's partner, significant other, no longer lives in the market, lives in the area. She's now changed jobs. She's working for Harvest Moon Catering and no longer Pippin Hill. and she is being scapegoated and stigmatized by the activist community for oceanomics and her lead for the Mark and Fifeville and what will soon follow the landmark properties development that shadows West Haven and then Wooder Properties in Rose Hill.
Starting point is 00:58:12 I mean, is that the biggest monkeys, Paul, wish you've seen recently? I've never heard that phrase. What does that mean? Monkees, Paul. It's a classic horror trope where it's basically the, be careful what you wish for because you just might get it. So you wish for, what, new zoning ordinance and people building housing.
Starting point is 00:58:32 And lo and behold, we've got a new zoning ordinance and people are building housing. Everything that's happening now, we told you guys was going to happen on the I Love Civo show. And now you're up and all. and blaming Natalie Oshrin? Come on. We literally told you that this was going to happen.
Starting point is 00:58:49 John Blair told you this was going to happen. Deep Throat told you that this was going to happen. We told everyone who would listen, this would happen. Nakaya Walker even knew that this was going to happen. Give me some props, Nakaya. Nakaya Walker knew that this was going to happen. Okay? So we told you this was going to happen.
Starting point is 00:59:08 And when this happens, and when the black and brown communities, and when the marginalized and impoverished, and impoverished communities and demographics are in the next 24 to 36 months, eradicated from city limits. You don't even blame Oshronomics. You blame the council in late 2023 that were bullied by Matthew Gilligan, Stephen Johnson, Rory Stolzenberg, Don Gathers, and the activist community. What's shocking to me is a lot of the activists that are now vehemently
Starting point is 00:59:45 opposed to the Mark in Fifeville were the same people that pushed the new zoning ordinance forward in 2023. That's exactly what I'm saying. You can't have your cake and eat it too? That doesn't fit there? That doesn't really fit there. Okay.
Starting point is 01:00:03 It's like it's like changing your shirt because you crapped your pants? I mean... That's one that will live in infamy on this program. It's a don't gather. Sometimes you've got to say, take a look at yourself, though. Take a look at yourself.
Starting point is 01:00:20 Yeah. It's biblical, too. Take the plank out of your own eye before helping your neighbor get the speck out of his. There you go. Judah Wickhauer. Happy Friday, payday Friday to you.
Starting point is 01:00:34 Jerry Miller, I Love Seville Show. Water cooler of content and conversation. We love you guys. We will see you Monday when we're back in the saddle. So long, everybody.

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