News

Where is the other shoe?

Ever since the residential real estate bubble popped, investors, owners and lenders have been waiting for commercial real estate loans to cause chaos to the financial markets. Real estate investors and firms that service bad loans are still licking their chops, according to two industry insiders at an Urban Land Institute luncheon Tuesday. The duo offered their insights on what they see happening over the next year and a half.

Legislators’ old-school ties

One state university produces more state legislators than any other school. But the alumni connections don’t necessarily translate into more state money or other favorable legislation, officials say.

Local printer to close

A 40-year-old printing company that specialized in blue prints and other projects for architects and engineers is liquidating.

Foreclosures 5.11.10

More homes with original loan values greater than $300,000 are appearing on the list lately, including a handful in Glen Allen this week.

Building on baby boomers’ demands

After chatting for just a few weeks, a locally-based homebuilder that specializes in planned communities for senior citizens is merging with one of the most active local builders.

Monday Q&A: ‘We get distressed projects completed’

Two veteran homebuilders/business partners are wearing new hats these days, running a multimillion-dollar fund that works with banks on stalled real estate projects. The key is their finance guy, who figured out how to provide capital to finish the projects.

Company gets lift from high-flying kayak event

As far as extreme sports go, kayakers usually leave the big air tricks to their snow boarding and mountain biking brethren. But a Hanover-based event company wants to change that and help invent a new kind of spectator sport for an upcoming extreme sports festival in downtown Richmond.

You go, girl

Two newly acquainted entrepreneurs want to start putting their insights on video blog posts as a way to help other female entrepreneurs, and they’ve opted for a very informal, stream-of-consciousness style.