Amid a capital raise and investment offering, a local company has expanded its own real estate in the Boulders office park.
Real estate firm doubles size of HQ
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.
Facing foreclosure, church recedes into Chapter 11
A Southside Baptist church, which also operates a private school, has filed for bankruptcy to fend off a foreclosure auction of its campus that was scheduled for Thursday afternoon.
LandAmerica bankruptcy coming to a close
The collapsed financial firm plans to make its creditor payouts before the end of this year, with only one major asset left to unload: a palatial mountaintop mansion outside San Diego.
DealFlow: Investment banking roundup for July 29, 2015
Another busy month of deals from Harris Williams, BB&T Capital Markets, Matrix Capital Markets, Dominion Partners and more.
Former bank CFO pleads guilty to embezzlement
A small local bank’s former CFO pleaded guilty last week to skimming about $100,000 from the company, but he will serve no jail time on a suspended sentence.
LandAmerica class-action case settled for $5M
The folded financial firm put an end to a long-standing lawsuit related to the misuse of its pension fund, but the former execs and directors named as defendants escaped unscathed.
HDL takes next step for VCU lease deal
With court approval, HDL is hurrying to finalize a lease with VCU that would give the university 45,000 square feet in its downtown headquarters building and save the lab company $1.5 million annually in rent and utilities.
The Pipeline: Commercial real estate roundup for July 24, 2015
A pair of million-dollar retail deals, warehouse space getting snatched up, a national store takes space in Willow Lawn, a fried chicken chain is building a new location and dozens of other deals.
Church outlines escape from bankruptcy
After two years in Chapter 11 limbo, a Southside church has put together a lengthy plan to finally free itself of bankruptcy, which includes new leadership, debt renegotiation and hopes of leasing out extra space.
Investment firm hires new CEO
A Shockoe Slip investment company has brought in a new CEO to take the lead as it continues to expand outside of the area.