A property in the Fan is sold for $1.7 million, a mortgage banker leases space at Innsbrook and a law firm is moving into CenterPointe.
The Pipeline: Commercial real estate roundup for Oct. 31, 2014
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.
Country clubs break up in Chesterfield
Two golf clubs that merged last year are calling it quits on their short-lived union.
Trading Day: Local SEC filings for Oct. 30, 2014
A local CFO is stepping down. A Richmond bank sets the date for a vote on its deal to be acquired and a company plans a $300 million debt offering.
Lakeside shop’s new addition is brewing
Construction on Richmond’s newest – and likely its smallest – brewery has begun with the expansion of a home-brew shop.
Bank buys back $10M in TARP shares
A year after its TARP shares were purchased at auction by unknown bidders, a local bank used funds from a recent capital raise to buy back a big chunk of the shares.
Trading Day: Inside local SEC filings for Oct. 23, 2014
A local firm takes a hit in the Netherlands, a downtown REIT gets a new slate of directors and Richmond bank executives get stock awards.
Golf course hands club to new manager
A local country club has tapped the owner of two Chesterfield golf courses to take over its operations and get membership levels back near their pre-recession highs.
Investor moves to pour major cash into Village Bank
After a bank deal in Glen Allen, a former SEC attorney is pushing to acquire a quarter of the Midlothian-based bank’s shares in the middle of its turnaround campaign.
Shareholder sues over bank merger
Another class action lawsuit has its hooks in a big Richmond M&A deal.
Big-name banks tighten hold on deposit market
For the second year in a row, the giants of the Richmond banking market increased their clout.