Search Results for: foreclosures

NewsFeeds 8.11.11

Richmond city workers complain of racism (Times-Dispatch) The Richmond Department of Public Utilities, rocked in April after nine employees were charged with falsely claiming overtime pay, now faces allegations of racial discrimination against black workers. Spotsylvania names new economic development director (Free-Lance Star) Tom Rumora has been named Spotsylvania’s new director of economic development, the… Read more »

Newsfeeds for 7.27.11

1,000 Nottoway jobs possible from training center (Times-Dispatch) The U.S. State Department is considering Fort Pickett and neighboring Pickett Park in Nottoway County for a Foreign Affairs Security Training Center that could bring up to 1,000 jobs. 700-seat Norfolk buffet proves to be a recipe for success (Virginian-Pilot) The Hibachi Grill & Supreme Buffet counts… Read more »

Newsfeeds for 7.14.11

Capital One profit up, plans $2B stock offering (Times-Dispatch) Capital One Financial Corp., the area’s largest private employer, sold stock for $50 a share in a $2 billion offering to help fund the acquisition of ING Groep NV’s U.S. online bank. Kimnach Ford in Norfolk to close after being sold to rival dealers (Virginian-Pilot) The… Read more »

NewsFeeds 7.5.11

The buzz on craft beer (Roanoke Times) The flavorful but pricier brews are growing in popularity. Main Street coping with the eyesore next door (Washington Post) Abandoned and vacant properties, many stuck in an ongoing legal limbo, are plaguing neighborhoods across the country. With more foreclosures looming, some state and local officials are pushing Wall… Read more »

NewsFeeds 3.4.11

Could Ellwood Thompson’s expand? (Times-Dispatch) Ellwood Thompson’s Local Market has been approached about taking over the soon-to-be vacant Blockbuster Video space next door. Mountain View: New start for grand old Roanoke neighborhood (Roanoke Times) The area west of Wasena Park was honored with a magazine distinction. Without Loan Giants, 30-Year Mortgage May Fade Away (NY… Read more »

NewsFeeds 2.24.11

Capital One and Bay Harbor duke it out in court (Times-Dispatch) More coverage in a story first reported by RBS. Bay Harbor, formerly known as Staff Focus Consulting, said it does not owe Capital One money. Its response includes a counterclaim of $9 million against Capital One for lost profits and investments in training and… Read more »

SBA extends help to property owners

In a bid to help stave off the harmful effects of a possible rise in commercial real estate foreclosures, the Small Business Administration unveiled a new program yesterday extending loan guarantees for refinancing commercial mortgages. BizSense recently covered the potential hardships some property owners could face as their commercial mortgages come due this year. “The… Read more »