As hotels across the country downsize their staffs and cut back on freebies such as cookies at the front desk and 24-hour coffee, a handful of Richmond’s high-end hotels are dishing out the complimentary goodies.
Aaron Kremer
Sale of Anderson Strudwick on hold
Updated 12:04 p.m. Wunderlich Securities is back at the bargaining table to buy Richmond investment bank/brokerage Anderson Strudwick, likely for a lower price.
The Pipeline: Commercial Real Estate Round Up for 1.29.08
The Citgo service station at 2206 W. Main St. in Richmond’s Fan District has been purchased by Uphoff Properties LLC from TLC Co. for $2.5 million. The property includes a retail store of 2,700 square feet and a half acre lot.
Lawmakers seek to close lending loophole
It’s déjà vu all over again for payday lenders. Sen. Mark Herring (D-Leesburg) on Thursday introduced a bill that would tighten controls on car-title lenders and prevent payday lenders from evading regulations imposed in 2008.
Rally Caps: The Monday Q&A with Bryan Bostic
Bryan Bostic thinks he has pitched Richmond the sort of deal it can knock out of the park: a $60 million stadium that seats 7,500 and brings professional baseball back to Richmond with almost no public spending. And the 47-year-old is working more than 45 hours a week to convince Richmond’s various interest groups that… Read more »
Real estate lawyer leaves Richmond firm for North Carolina
Elaine R. Jordan, a shareholder of the law firm Sands Anderson Marks & Miller, has left Richmond for a job with the Coastal Companies of North Carolina. In a news release, Jordan said, “This opportunity developed from the close working relationship that I and the firm have built with Coastal over the past years.” “I… Read more »
Pipeline: Commercial Real Estate Round Up for 1.23.08
Richmond International Raceway purchased a 35,300 square foot building at 4001 Carolina Ave. in Henrico for $1 million. Robert L Borum and Associates LLC purchased a 9,600 square foot flex-space building at 8191 Staples Mill Road in Henrico County from Rastek Construction and Development Corp. for $1 million. Click on the story link for more… Read more »
Was LandAmerica’s 1031 business a Ponzi Scheme?
The gloves have come off as former LandAmerica customers fight to retrieve money they gave to the company to hold for a few months. Lawyers representing former customers of LandAmerica’s 1031 Exchange business have filed two class action lawsuits against the company, alleging that the Richmond-based firm committed fraud and was using money from new… Read more »
Job lines outside Red Lobster
Yesterday I got a strong dose of what a rapidly-rising unemployment rate looks like. For more than three hours, job hunters gathered outside a Red Lobster in Eastern Henrico. Yesterday morning I drove past the new Red Lobster on Laburnum Ave, which is at the White Oak Village development. There were at least 30 people… Read more »
Inauguration draws lodgers to Richmond
The buzz of Obama-mania stretched down to Richmond yesterday, and a handful of local businesses saw a boost of tourism dollars. Trains between Richmond and Washington were sold out all day yesterday, according to a station representative, and the Amtrak station was twice as busy as a normal Tuesday. Sales were also brisk over the… Read more »