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.

Combining revenue streams

streamco pic

A local commercial real estate management firm has bought its way into the hotel management business.

More trouble for Tetra

tetraland1

A local bank is foreclosing on parcels at four sites in Henrico that were once in the pipeline of the Tetra Companies, a Virginia Beach real estate investment firm that appears to have dissolved.

An abundance of attention

hoardingburiedalive

Richmond now has two local companies soaking up the limelight on reality shows about hoarders.

The R&D Dept.: Local Patents for 2.1.12

lightbulbpatent

Patents this week for Capital One, Intelliject and Philip Morris. Plus Freddie Mac received a patent for a system that helps it determine the likelihood that a loan will close.

Fergusons’ biggest creditor sues them

fergusonestate

EVB becomes the third bank to file suit against a formerly wealthy Richmond couple for exaggerating their net worth when seeking loans.

Former adult bookstore bares all

triangle books

The renovation of a shuttered porn shop on North Boulevard has stripped the space down to its skivvies, exposing what store probably looked like back in its heyday.