McConnell Golf, which owns 15 golf courses in three states, including two in Virginia, would pay $2.6 million for the course and put in an additional $3 million for upgrades. The deal is still in its early stages.
Michael Schwartz
New startup from former CarLotz, Need Supply CEOs scores $4M capital raise
The new venture from Michael Bor and Chris Bossola, the former heads of their respective once-fast-growing Richmond companies CarLotz and Need Supply, is off and running with its first sizable cash haul. Their startup, The Endowment Project, last week completed a raise of $4.5 million from investors, Bor said Wednesday. The funds will help spring-load… Read more »
Investor’s Henrico office park gamble begins to pay off
Where some may have seen just an entirely empty suburban office complex, Gagan Marwaha saw something he wanted to put his name on.
Hild wins bid to remain free during appeal process
The former Live Well Financial CEO has scored a legal victory and will remain on bond and out of prison for the foreseeable future while appealing his fraud conviction and related 44-month sentence.
Bank of America eyes new from-scratch branch across from Willow Lawn
The banking giant would purchase and raze the long-vacant former Hardee’s building, which sits across from competitor Chase Bank’s Willow Lawn outpost.
Michael Hild begins appeal process to stave off conviction, 44-month sentence
Court documents show the former Live Well Financial CEO plans to appeal on the grounds that the judge in his case erred in denying his request for a new trial in December.
Next stop in Virginia Credit Union’s city expansion plan: Church Hill
The branch next to the Market @ 25th grocery store will mark the $5 billion credit union’s fourth new branch in the city in about a year.
Former CarLotz, Need Supply CEOs launch new startup in Richmond
Michael Bor and Chris Bossola aim to create a high-touch, private school-style alumni services and asset management company to help form endowments for U.S. public high schools.
CarLotz owner closes Midlothian store, hands Broad St. spot to rival dealership
While the Midlothian CarLotz location is shuttered, the Broad Street store has been taken over by HoneyCar, an up-and-coming dealer based in Winchester, Virginia.
Merged accounting firms find new digs in Innsbrook
Kimble CPAs and Northern Virginia-based KWC have capped off their merger by consolidating their two local offices into one.