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.

Settlement talks heat up in Thalhimer ESOP lawsuit

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After a decision by the judge in the case caught lawyers on both sides by surprise, a legal dispute between a local commercial real estate brokerage and one of its former executives may be on a path to avoid a trial and reach a resolution nearly 18 months after it was filed.

Local bank pays first quarterly dividend since 2010

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While still keeping its eye on growth via acquisition, a Henrico-based bank also is reviving a habit it hasn’t kept since the wake of the recession: paying a dividend.

Trading Day: Local SEC filings for 3.14.19

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Proxy season is in full bloom, with executive compensation data out from several local firms. Meanwhile, Altria invests nearly $2 billion in a Canadian cannabinoid company.

Bank signs on in new Locks Tower project

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A local bank is getting a canal view with its first downtown branch, while filling the entire commercial space in the latest phase of the Locks development.

Trading Day: Local SEC filings for 3.7.19

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A local bank announces its first common stock dividend in 10 years, a downtown real estate firm snags a Twin Cities hotel, while year-end earnings continue to roll in.

Shockoe firm raising $25M real estate fund

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For the third time in three years, an arm of a Cary Street-based wealth management firm is pooling investor money to buy into real estate – this time targeting “manufactured housing.”