Avitas Capital and Ewing Bemiss make their first appearances in DealFlow. Plus deals this week from Cary Street Partners, Harris Williams and BB&T.
Deal Flow: M&A Roundup for 1.11.12
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.
Fla. REIT sells local buildings
A deal to sell five Richmond office buildings was announced last week as a Florida REIT is unloading the last of its local real estate holdings.
Monday Q&A: No bubble for sports facility
RBS chats with Mark Grossman, who after five years running soccer leagues and other sports under the domed roof of a bubble, plans to spend big money to expand and build a third field with a more permanent structure at SCOR. And naming rights are available.
Wells Fargo sues to collect from Fergusons
A second bank claims the Fergusons lied about their wealth to get loans, and has sued to recover debts it doesn’t want tossed out in bankruptcy.
Reports say Goodwin buying Keswick Hall
Richmond-based CCA Industries reportedly struck a deal to purchase Keswick Hall, a luxury hotel, country club and real estate development in Charlottesville.
One big return
With a $72 million loan on its back and foreclosure looming, the owner of Regency Square Mall has given the property back to its lender. But the firm still owns another mall in Richmond.
Changing of the guard at Davenport
For the first time in nearly three decades, one of Richmond’s oldest and largest independent investment firms has a new president.
Two lawyers and a staffer jump to rival firm
Letterhead be damned: A local law firm is now on its third name in less than a year after picking up two lawyers and a business administrator from a rival firm.
Trading Day: Inside the SEC filings for 1.5.12
Big stock options for CarMax insiders this week. And one of the class action suits filed against a local REIT has been dropped.
Captain D’s feeling fenced in
There’s something fishy going on at the corner of Laburnum Avenue and Williamsburg Road.