Aaron Kremer

Aaron Kremer is the founder of Richmond BizSense. Email him at [email protected].

‘Tax credits! Get your tax credits!’

The Home Builders Association of Richmond last week launched a website that has news about the two federal tax credit programs as well as a listing of new homes for sale in the Richmond region.

NewsFeeds 3.16.10

Circuit City’s ex-CEO to get $350,000 in bonuses (Times-Dispatch)While Circuit City’s creditors wait to get paid, James A. Marcum, the company’s former acting president and CEO, will collect $350,000 in bonuses and charge $700 per hour in consulting fees. Values of many of Hampton’s hotels tumbled as guests stayed away in recession (Daily Press) The… Read more »

Monday Q&A: Grocery industry insider

Soon the signs will change on 24 Ukrop’s stores around Richmond as they morph into Martin’s Grocery stores. This week RBS chats with Jeff Metzger, a longtime follower of the grocery industry and the fellow who broke the story open with his reporting in July 2009.

NewsFeeds 3.14.10

Eagles threatened by clearing too near (Virginia Gazette) A Toano subdivision recognized as a leader in conservation is at the center of an investigation of illegal clearing near an eagle’s nest. $150,000 makeovers proposed at Beach strip malls (Virginian-Pilot) Along Newtown Road at Virginia Beach Boulevard, Karen Stephens’ property, a strip center with outdated signs… Read more »

NewsFeeds 3.12.10

Community Capital Bank triples loans (Times-Dispatch) Virginia Community’s new bank, Community Capital Bank, completed its first full year of operations by posting a small $113,000 loss for 2009 — while seeing loans triple, to $8.4 million, at a time when most banks reported little activity. Local banks suffer losses, yet deposits are up (Inside Business)… Read more »

Euro market changes its name

The European Market at Meadow and Main streets is now Olio. Owner Jason Savedoff still owns the specialty food store that also has carryout and dine in eating. In addition to the name change, Olio also has a food cart located at the VCU campus.

Specialty insurer is open for business

A startup insurance firm in Richmond activated its first policies this week and hopes to be profitable by the end of the year. And the company is free from a “nuisance” lawsuit filed by a competitor it settled when the plaintiff paid Kinsale $377,000.

Members might bail out Federal Club

A group of members at an upscale golf club in Hanover County has started studying how to buy the club if the current owners/operators can’t rescue the business from bankruptcy protection.

NewsFeeds 3.11.10

2010 trend: the owner-occupier (Inside Business) An expert on trends in commercial real estate said 2010 is the year of the user. In real estate jargon, a user is anyone who rents or buys a property and moves in, taking over all of the space. A Place to Bet Real Money on Movies (NY Times)… Read more »