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.

Trading Day: Local SEC filings for 1.31.19

tradingday e1286449046474

Fourth quarter and year-end earnings begin rolling in from local banks, while a local REIT prepares for a $7 million public offering and an executive at a downtown company prepares to retire.

Area golf course sold for $800,000

stonehouse sign

The last of a trio of once-troubled golf courses east of Richmond is in the hands of a new owner who’s already fast at work on a seven-figure plan to revive the shuttered club.

1960s Scott’s Addition building set for rehab

claystreet1

Two years after buying and immediately selling an old Scott’s Addition building, a local developer has bought the same property back with a plan to use its tried-and-true formula of revamping it into modern office space.

Markel | Eagle closes out $33 million fund

eagle sitePlan

Fresh off the successful flip of the former Circuit City headquarters in Henrico, a real estate-hungry local private-equity firm has a new eight-figure war chest to put into play. It now has raised a total of nearly $150 million in four funds since 2010.

Chicago law firm eyes growth in Richmond

riverfront plaza towers

With a bullish view on its business prospects in Richmond, a Chicago-based midsized law firm has signed on for a new, larger office downtown.