Foreclosures 8.24.10

1612 Monument Avenue, Richmond, VA 23220
Execution of a certain deed of trust-original principal amount: $775,200
Foreclosure date: August 30, 2010 at 11:15 a.m.
Located at the John Marshall Courts Building, 400 North Ninth Street

Labor Day deals

Once again, we’ve taken the labor out of your pre-Labor Day getaways within three hours’ drive of Richmond. While many of the properties require more than one overnight for the best deal, others appeal to the frugalista in all of us by extending the discounts beyond the holiday.

Union wants homebuilder to pay up

Union First Market Bank filed suit last week in Chesterfield County Circuit Court in an attempt to recoup $5.5 million from a Midlothian-based homebuilder.

Richmond’s own economic index

Attention, CEOs. The University of Richmond and a local business group want to take your pulse. The Virginia Council of CEOs has partnered with the Robins School of Business to develop an economic outlook index for central Virginia. Scot McRoberts, executive director of the CEO group, said he wanted to develop a survey to help… Read more »

The Pipeline: Commercial Real Estate Roundup for 8.20.10

Porter Realty reports the following deals: MeadWestvaco leased 47,858 square feet at Airport Distribution Center in Henrico. BTJM Holdings LLC purchased the 49,786 SF office/warehouse at 3210 West Marshall Street in the City of Richmond from Lobrico LLC for $2,100,000. CHESN Enterprises purchased 3 acres land at 12201 Deergrove Road in Chesterfield County from Midlothian… Read more »

Trading Day: Inside the SEC filings of local public companies for 8.19.10

John Nelson, Altria’s chief technology officer, exercises options to acquire more than $2.5 million in stock. Meanwhile, the parent of Village Bank says it is unable to file its financial report for the second quarter in time to meet the deadline set by the SEC.