A local REIT buys two more apartment complexes on its path toward an IPO. A big money line of credit for a local firm. And some insiders buying and selling.
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.
Banks tie the knot in acquisition deal
Having struggled to fully recover after the recession, a local bank is finally in the arms of its white knight.
As firm loses contract, local workers catch a break
A large engineering and construction firm is cutting loose dozens of employees in Richmond as a major contract changes hands. But there’s likely good news for many of the workers.
Thirsty Richmonders hit new watering hole
A steady stream of faithful fans of the Richmond beer scene made the 30-mile trek Saturday to tap the area’s newest brewery.
Henrico company files for bankruptcy
Short on cash and with debts mounting, an Eastern Henrico firm this week filed for Chapter 11.
Midlothian golf course reportedly for sale
A local golf course might soon be under new ownership.
No objections as banks walk down the aisle
The way has been cleared for the marriage of two local banks.
DealFlow: Investment banking roundup for 9.25.13
Some huge money deals worked by local investment banking firms this month. Matrix Capital Markets, Harris Williams, Marriott & Co. and BB&T Capital Markets all closed deals.
The R&D Dept.: Local patents for 9.25.13
A busy week of patents for VCU, MeadWestvaco and Richmond’s king of tobacco. And two inventors in Ashland have a portable audio device/USB drive.
A small, reluctant step toward auction
A portion of a New Kent County real estate development, still trying to pick up steam after the downturn, could be forced into an auction.