Seven months after it was initially listed, the former Fan home of Shaka and Maya Smart was sold off market, for a couple hundred thousand dollars less than its original asking price.
Shaka Smart house nets new owners
Jonathan Spiers
Jonathan joined BizSense in 2015 after a decade of reporting in Wilmington, N.C., and at the Henrico County Leader. The Virginia Tech grad covers government, real estate and other news.
Reach him at (804) 308-2447 or jonathan@richmondbizsense.com.
$1.9B deal sealed for local REIT
A local apartments-focused real estate firm has completed its sale to an out-of-town buyer, handing over its cache of 24,000 apartments in a nearly $2B transaction.
Dominion announces $4B deal for Utah firm
Just days after another multibillion-dollar deal, Richmond has its second major merger of the year. Dominion Resources announced Monday it is buying Questar Corp., a Utah-based natural gas company, in an all-cash deal valued at $4.4 billion. The deal extends Dominion’s reach from the Mid-Atlantic to the Rockies, where Questar serves nearly 1 million homes… Read more »
CarMax CEO handing over the keys
The used car giant announced a succession plan Monday that will see Tom Folliard, 51, retire by year’s end.
New site from VCU shows region from a ‘MetroView’
Area real estate agents, developers and planners have a new tool to track regional land use and development trends.
Altria to cut 200 Richmond jobs
The tobacco giant plans to lay off a total of nearly 500 salaried employees, with about half of the cuts coming from its Richmond operations.
Media General wrestling match ends with $4.6B deal
Nexstar Broadcasting Group has come out on top in the struggle with Meredith Corp. over downtown-based Media General, which is now set to be acquired in a $4.6 billion cash-and-stock deal.
Advisory firm buys executive staffing business
Expanding its C-suite staffing services, an advisory company has purchased a local firm and brought on a longtime pro in the industry.
Tutoring franchise expands its reach
Armed with a new mobile education system, an education franchise is branching out into a Southside preschool with plans for more satellite locations in the future.
The Pitch: Advertising and marketing news for Jan. 26, 2016
A marketing firm names a new president, another rebrands, agencies create campaigns for local businesses and nonprofits, and the Richmond Ad Club starts accepting entries for its annual show.
