Michael Schwartz

Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.

Trading Day: Local SEC filings for 3.22.19

Apple Hospitality REIT (APLE) The hotel-focused real estate investment trust has acquired a 128-room Home2 Suites by Hilton hotel in Orlando for $20.7 million. Click here for the full announcement. Brink’s (BCO) The armored car giant released its latest proxy statement, disclosing compensation packages paid last year to its top executives. President and CEO Douglas… Read more »

Settlement talks heat up in Thalhimer ESOP lawsuit

cushman wakefield hq

After a decision by the judge in the case caught lawyers on both sides by surprise, a legal dispute between a local commercial real estate brokerage and one of its former executives may be on a path to avoid a trial and reach a resolution nearly 18 months after it was filed.

Trading Day: Local SEC filings for 3.14.19

Proxy season is in full bloom, with executive compensation data out from several local firms. Meanwhile, Altria invests nearly $2 billion in a Canadian cannabinoid company.

Bank signs on in new Locks Tower project

A local bank is getting a canal view with its first downtown branch, while filling the entire commercial space in the latest phase of the Locks development.

Trading Day: Local SEC filings for 3.7.19

A local bank announces its first common stock dividend in 10 years, a downtown real estate firm snags a Twin Cities hotel, while year-end earnings continue to roll in.

Shockoe firm raising $25M real estate fund

For the third time in three years, an arm of a Cary Street-based wealth management firm is pooling investor money to buy into real estate – this time targeting “manufactured housing.”