Deals this month for the big firms at Harris Williams and BB&T Capital Markets. Plus local M&A action in banking, automotive and broadcasting.
DealFlow: Local M&A roundup for 7.24.13
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.
Shopping center gets a fresh owner
Cleveland-based developer Forest City sells off another chunk of its Richmond portfolio.
Local REIT extends its Southern swing
Dead set on its plan to go public, a local REIT keeps gobbling up apartment complexes.
New products power startup’s growth
A local solar-based manufacturer is expanding its offerings, which will soon include a sustainably produced iPhone cover.
County throws cold water on ski park plan
Before it had a chance to make a splash, a planned 24-acre water sports development was nixed by Chesterfield County.
New owner tweaks vision for rehab project
A local real estate firm is picking up where another developer left off in Scott’s Addition.
Financial manager charged with wire fraud
A Richmond businessman is facing federal criminal charges in Charlottesville after mishandling the finances of his celebrity client.
Trading Day: Local SEC filings for 7.11.13
A big payout for a retired local executive. A local REIT considers consolidating three of its funds. And insiders disclose their participation in a local bank’s recent capital raise.
Foreclosed airport hotel lands new owner
The pending deal marks a local hotel operator’s second big acquisition in Richmond this month.
Wilton Companies claim another stake
There were no outside bidders in the auction of more than 3,000 shares of a local real estate firm.