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VIRGINIA BEACH, Va. (WAVY) - A judge has approved the sale of a well known Virginia Beach landmark. Judge Jane Roush approved the sale of the Cavalier Hotel to Virginia Beach developer Bruce Thompson Monday, a court clerk in Buckingham County Virginia Beach, Va. – The City of Virginia Beach and developer Bruce Thompson have announced the terms of an agreement about the preservation of the Cavalier Hotel. The sale of the Cavalier Hotel and surrounding property to Thompson was approved Monday. VIRGINIA BEACH - Va. Beach city leaders announced Friday they could give $18 million to the developer of the old Cavalier Hotel to help renovate and preserve the 22-acre site. The agreement is with new owner/developer Bruce Thompson, who Cavalier Hotel VIRGINIA BEACH, Va. — The Cavalier Hotel property in Virginia Beach could soon have a new owner. The Virginian-Pilot (http://bit.ly/11PRuAX ) reports that a judge is expected to rule Monday on a motion to sell the hotel and surrounding VIRGINIA BEACH, Va. — A judge on Monday approved the settlement of a long-running legal battle involving The Disthene Group, a multimillion-dollar family enterprise based in Buckingham County, along with the sale of the Cavalier Hotel property in Virginia Beach, Va. – The sale of the Cavalier Hotel and surrounding property to a Virginia Beach developer was approved Monday. Judge Jane Marum Roush approved the $35 million sale to developer Bruce Thompson in Buckingham County Circuit Court according .

garden-style community in Virginia Beach. According to ARA, the property sold for $44 million to Los Angeles-based JRK Property Holdings, a subsidiary of JRK Investors, an apartment, hotel, and real estate investment management firm. ARA mid-Atlantic Jun 19, 2013 (Menafn - The Virginian-Pilot - McClatchy-Tribune Information Services via COMTEX) --VIRGINIA BEACH -- Thirty-one jobs are headed to the city as two companies expand their presence. Avis Budget Group will relocate 17 positions from its Virginia Beach city leaders agreed to contribute $18 million toward the redevelopment of the Cavalier Hotel property, Inside Business reported. Virginia Beach developer Bruce Thompson is proposing a $43 million renovation of the hotel and a total VIRGINIA BEACH, Va. (AP) -- The Cavalier Hotel property in Virginia Beach could soon have a new owner. The Virginian-Pilot (http://bit.ly/11PRuAX ) reports that a judge is expected to rule Monday on a motion to sell the hotel and surrounding properties to .