After recruiting a local market head in June, Dwell Design Studio has already grown its Richmond headcount to 10 and become the anchor tenant in a building in Scott’s Addition.
NoVa architecture firm makes move into Richmond
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.
RVA 25: Meet this year’s top company with 15,326 percent growth
Sterling Point Advisors may have started out slow when it launched in 2018, but it’s been on a steep climb ever since.
Truist unloads more former SunTrust branches in Henrico, Chesterfield
The sales in Midlothian and the Twin Hickory area are at least the fourth shuttered local branches to be sold off by Truist Bank in the last two months.
Innsbrook firm cashes out on early COVID-era office deal
“We had a business plan and weren’t afraid to change it when the facts on the ground didn’t go in accordance with what we thought we were going to get,” said John Levy on his firm’s recent $37 million deal.
Henrico-based bank launches in-house mortgage unit by acquiring firm in N.C.
“We didn’t buy it to stay small,” said Primis Bank CEO Dennis Zember. “The strategy is to recruit. We’re recruiting all the way from Orlando and Tampa through the mid-Atlantic.”
Henrico-based golf belt brand sold to company known for golf hats
J.T. Spencer is now owned by Imperial and its parent company Paramount Apparel, in a deal that will maintain and expand the beltmaker’s West End operations.
United Bank-owned mortgage company expands with new Mechanicsville office
George Mason Mortgage has taken over a converted home-turned-office building for its third outpost in the region.
Local homebuilder awaits sentencing for bankruptcy fraud
William Romm III, who ran afoul of his customers several years ago, has pleaded guilty to concealing assets during his personal bankruptcy, including hiding the purchase of a $100,000 boat.
Settlement in the works between imprisoned Matson and LandAmerica trustee
The resolution is playing out through mediation but has been slowed by the difficulty of communicating with Matson while he serves his federal prison sentence in West Virginia.
D.C.-based firm snatching up Richmond area’s vacant SunTrust/BB&T branches
Madison Marquette has acquired three such properties in the region this year, including two in recent weeks, using a fund that seems to invest exclusively in empty bank branches.