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.

Wanted: Disgruntled investors

Questions about the financial state of a local REIT have class action attorneys across the country smelling blood.

Local banks get rated

Richmond remained home to two of the lowest rated banks and one of the lowest rated credit unions in Virginia through the first quarter, according to ratings released last week.

Law firms next to swing at Apple REIT

Apple REITs Nine and Ten, two local REITs whose sister funds are under increasing scrutiny, are seeing some of the controversy spill over in their direction.

DealFlow: M&A roundup for 6.18.11

Welcome to DealFlow, a new monthly BizSense data section tracking all the recent deals (IPOs, M&A or capital raises) that local firms — investment banks, private equity, venture capital, etc. — had a hand in. DealFlow also highlights local businesses that have raised capital on their own or been party to a merger or acquisition. To make sure your deal is included in the monthly round-up, email [email protected].

In the middle of the action

A Northern Virginia bank with deep ties to Warren Buffett’s former right-hand man has its sights set on Richmond.

Local company acquired in $60M deal

A New Jersey public company has struck a deal to buy Health Risk Partners, a Richmond Medicare compliance firm.

More branches falling

For the second time this month, an out-of-town bank is looking to unload one of its local branches.