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.

Local REIT fund sold in billion-dollar deal

AppleREIT

In one of the biggest money deals of the year for a Richmond firm, one of the five funds that make up the downtown-based Apple REIT Companies was acquired.

Richmond’s mansion market heats up

214 South Wilton

By all accounts and according to market data, the sale last month of a West End riverfront property fetched the highest price for a single-family home in Richmond in at least 18 months.