The Chester-based hotelier, which owns more than 60 hotels mostly around the mid-Atlantic, fell behind on loan payments due to the pandemic.
Shamin’s Short Pump Hilton headed to receivership, foreclosure
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.
Connecticut firm buys Henrico-based convention supply company’s assets
“Whether it was 2,000 years ago at the Roman Coliseum or 400 years ago at a Shakespearean play, it’s just in our DNA that people need to get together,” buyer Scott Ling said of the events business.
Chase Bank following Publix into new Carytown Exchange development
It will be at least the fourth Richmond-area branch in the works for Chase, in addition to the first two it opened this year in Short Pump and Henrico.
Buyer may have something big in store for Bow Tie Cinemas site in Richmond
Sources say an out-of-town firm is willing to pay more than $30 million for the 17-acre property and is likely planning a casino development.
TowneBank unveils first Chesterfield branch, eyes two more sites in county
The Hampton Roads-based bank in October opened its new 8,500-square-foot location at 9961 Iron Bridge.
Roanoke law firm finds fertile ground in Richmond
Gentry Locke outgrew its office space at SunTrust Center within two years and is still adding staff, so the firm is renovating and adding 2,000 square feet.
Hard Hat Happy Hour Virtual Tour: The Current
We’re headed south of the river to Manchester for the latest episode of the Hard Hat Happy Hour Virtual Tour, presented by Sands Anderson. This month we take you inside The Current, a massive mixed-use project taking shape at 400 Hull St., where developer Lynx Ventures is building more than 70,000 square feet of office… Read more »
Bankrupt local convention supply company up for grabs at auction
COVID killed conferences and trade shows and pushed Henrico-based Exhibits Inc. into Chapter 7 liquidation.
Guitar Center the latest national retailer to file bankruptcy in Richmond
The streak of landing big bankruptcy cases comes from the jurisdiction’s reputation as a venue favorable to large debtors.
Longtime LeClairRyan attorney disbarred over mishandling of $3M in LandAmerica case
Bruce Matson’s law license was revoked last week by the Virginia State Bar after he admitted to pocketing funds from a bankruptcy trust account.