Search Results for: vcu

Area apartment vacancy rising

Real estate researcher Reis Inc. reported last week that the national apartment vacancy rate reached 7.5 percent in the second quarter; the rate for Richmond was higher at 8.1 percent. But Patrick McCloud, president of the Central Virginia Apartment Association, said despite the record high vacancy levels Richmond is holding up well and that the rental market is showing signs of improvement.

Virginia’s Largest Universities Raise Tuition

Virginia’s five largest state universities have raised tuition by 5 percent to 7 percent for the coming school year. The schools have eliminated a planned 2 percent salary increase for faculty, saving $37 million.

3, 2, 1, Chipotle!

Chipotle fans, start your countdown. The new Chipotle burrito restaurant opens June 11 at Grace and Laurel streets on the VCU campus. This will be the fast-growing chain’s seventh location in the Richmond area. It is the first tenant to open in a strip center built on the site of what was a Pizza Hut…. Read more »

Prognosis good for Richmond hospitals

Both non profit hospitals in Richmond are still very much operating in the black, but large investment losses are dragging down their financial performance, and that could clog the pipeline for new buildings and potentially increase the cost of borrowing in the future. And both say more patients are postponing certain care and having more trouble paying.