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.
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 »
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.
The future of a county-owned golf course in Henrico will be further explored this spring, with the public being given a chance to voice opinions on what’s to become of the 124-acre property.
While still keeping its eye on growth via acquisition, a Henrico-based bank also is reviving a habit it hasn’t kept since the wake of the recession: paying a dividend.
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.
A local insurance agency is under new ownership for the second time in its 150-year history, this time aligning with the insurance arm of a growing regional bank.
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.
The latest installment of Richmond BizSense’s Hard Hat Happy Hour series returned to Scott’s Addition Wednesday night.
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.
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.”
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