Shareholders ask for changes at a big Richmond firm. A $500,000 stock sale for a local director. And a Richmond REIT buys three hotels, including one in Northern Virginia.
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.
Anchor tenant doesn’t want to fly its flag
The name of a big Richmond law firm will not sit atop downtown’s newest office tower.
Stalled subdivision is set for auction
A 183-acre would-be residential development halfway between Richmond and Fredericksburg is up for grabs.
DealFlow: Local investment banking roundup for 3.20.13
Several acquisitions involving local private companies this month. And deals closed by Harris Williams, Smither & Co., Marriott & Co., Matrix Capital Markets and BB&T Capital Markets.
REIT beefs up as it eyes an IPO
A local REIT is wasting little time and spending plenty of money in its march toward a public offering.
Golf firms strike deal to extend their swing
A bid to pick up management contracts for more out-of-town courses is already paying off.
McGuireWoods adds a Middle East go-to
One of Richmond’s biggest law firms now has ties in to one of the largest kingdoms in the Middle East.
A little extra lands in former CEO’s paycheck
Proxy statements released last week revealed compensation packages paid to the heads of some of Richmond’s biggest companies in 2012, including a big bump for an outgoing chief executive.
Boulevard hotel freshens up its facade
A 40-year-old, 176-room Richmond hotel is getting a facelift.
Local banks’ recent ratings are a mixed bag
Village Bank improved its standing in the fourth quarter, according to a firm that rates all federally insured financial institutions, after being among the lowest rated banks in the state for several periods. But another local bank took a step backward.