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.

Chesapeake bank joins Patterson branch lineup

Chesapeake Bank plans to spend millions to renovate a Patterson Avenue office for its first full branch in Richmond, jumping into an increasingly busy stretch of town for banking.

Priciest September home sale tops $3 million

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The sale of a River Road mansion in September not only helped a local nonprofit raise millions of dollars, it also capped a busy month for $1 million-plus home sales around the region.

Bank gets go-ahead for merger

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A local bank has cleared two big hurdles on its way to the acquisition of a bank in Newport News.

New sports club bounces into Richmond

A new sports and social club has popped up in Richmond, and its bringing the sport of bubble soccer to the market.

Glen Allen golf club changes hands

The Glen Allen golf club sold last week for about a quarter of its 2008 price as part of a $300 million nationwide deal.

Trading Day: Local SEC filings for Oct. 9, 2014

A local bank raises capital and hires a new accounting firm. An executive cashes out on a $3M stock option. A Mechanicsville firm closes a $207M deal. And a local armored car giant cuts a deal in South America.

NC bank sets up first branch on Patterson Ave.

The banking market is getting even hotter along the Libbie and Patterson retail stretch as another out-of-town bank is planting its flag in the neighborhood.

The National's owners bow out

The downtown concert venue was sold last week for $6.7 million as some of its owners settled a nearly year-long court dispute.