A New York-based tech company with a Richmond office is close to raising a large chunk of venture capital, according to media reports. Tumblr, a free blogging platform, is in the final stages of raising between $75 million and $100 million, a deal that would value the company at $800 million, according to the Wall… Read more »
Search Results for: manchester
Prominent bankrupt family tied to deal
The local developer behind the renovation of the John Marshall Hotel is close to landing a deal for a vacant riverfront lot in Manchester.
Pipeline: Commercial Real Estate Round Up 6.18.11
LabCorp leased 31,000 square feeet at Villa Park, while The Phoenix leased 2,600 square feet on West Cary Street. Plus a handful of new leases in the Manchester section of Richmond.
In family bankruptcy, the math didn’t work
Even one of Richmond’s most prominent families could not sustain a lifestyle that was running a $20,000 deficit every month.
The Docket: Court Roundup for 4.5.11
Lots of construction companies trying to collect. Plus a sprinkler company wants the court to affirm its Mechanic’s Lien on one of Justin French’s former properties, and asking that the property be sold. And a Richmond golf bag manufacturer is claiming a competitor is infringing on its patent.
Monday Q&A: What’s holding up the Canal Walk project?
BizSense catches up with Fountainhead Development principal Rick Gregory.
Paperboard firm joins Penn. packaging company
A local paperboard manufacturer joined with a Pennsylvania packaging company.
Restoring faith after French
We’ll know soon enough how long Justin French will spend in prison — what’s less clear is how long it will take Richmond to clean up his mess. For now, the state Department of Historic Resources is taking steps to prevent future abuse of its tax credit program.
Monday Q&A: Quadruple the fun
To the Bottom and Back (2BNB) adds its fourth bus, along with tourism-related plans.
French charges postponed until January
A hearing to present the state’s case against developer Justin French on multiple fraud charges will be continued until next year.