The Chester-based hotelier, which owns more than 60 hotels mostly around the mid-Atlantic, fell behind on loan payments due to the pandemic.
“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.
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.
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.
The Hampton Roads-based bank in October opened its new 8,500-square-foot location at 9961 Iron Bridge.
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.
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 »
COVID killed conferences and trade shows and pushed Henrico-based Exhibits Inc. into Chapter 7 liquidation.
The streak of landing big bankruptcy cases comes from the jurisdiction’s reputation as a venue favorable to large debtors.
Bruce Matson’s law license was revoked last week by the Virginia State Bar after he admitted to pocketing funds from a bankruptcy trust account.