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.

Manchester lots headed for court-ordered auction

Small slices of Manchester will be up for grabs later this month as the leftover scraps of an imprisoned local developer’s holdings are being forced to the auction block.

Golf Bikes roll into Richmond

golfBike

A local golf course’s latest attempt to stand out in a crowded field arrived earlier this summer on two wheels.

Colorado firm to shutter Ashland facility

arrowElectronics

A publicly traded electronics distribution giant is closing its Richmond-area operations after less than a year, eliminating dozens of local jobs.

Investors gobble up more of Scott’s Addition

summit suites

Three aging office buildings in Scott’s Addition were acquired last week by a group that has plans to immediately gut and redevelop one of the properties.

LeClairRyan to pay $20M to settle HDL inquiry

LeClairRyan nf

A months-long attempt to blame a downtown law firm for having a hand in the downfall of Health Diagnostic Laboratory has yielded an eight-figure payout for the collapsed lab company’s creditors.

$35M BofVA deal is sealed

bankofvirginiabranch

The Richmond market’s third bank acquisition of 2016 is complete.