The last week of February was a busy one for Richmond’s foreclosure market, as each of the surrounding counties saw an increase in foreclosed properties, except for Hanover. In Richmond City the number of properties with a set public auction date doubled from the week before from 11 to 22. As in most weeks, most of the properties are at the lower end of the market. But there are several properties valued at more than $400,000.
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Is sports facility a quixotic quest?
Each time Steve Burton talks about SportsQuest, his plan sounds more ambitious. But as Burton’s enthusiasm and concept have grown, so have the project’s price tag and the skepticism of the local business community.
Henrico day care restructuring under Chapter 11
Two years of declining enrollments have forced a 17-year-old Henrico day care into bankruptcy protection, but the owner has a plan to turn things around.
Um, did I just see you on a billboard?
Debra Ruh has been on the cover of Virginia Business magazine, and she’s been written up in Fortune. But now Ruh’s face is on the side of San Francisco’s Bay Bridge, and she appears on the Dell homepage.
Flush with money to lend
A non-profit loan-facilitator is using stimulus money to provide loans for Richmond and Petersburg businesses.
Business Licenses for 1.14.10
Best new names this week: Hot Shot Enterprises, Drop 3 Sizes N Ten Minutes and Bonus Money Marketing.
We took the labor out of your vacation planning
The deals might not be as good as you’d expect, but if you know where to look – think wineries, historic areas and a few B&Bs, you can book a Labor Day vacation at a 30 percent discount. BizSense has some of the best travel deals in Virginia for vacation procrastinators.
New business licenses for 8.27.09
Some neat names this week: Extravagant Brides (Isn’t that the truth), Red Mole Consulting , In Pooh’s Corner, Big Jerk & Company. For the second week in a row, the City of Richmond has not updated its list of new business licenses.
Newsfeeds For 1.30.2009
Va. jobless rate at 13-year high (Times-Dispatch) Virginia’s unemployment rate spiked to 5.2 percent in December, hitting its highest point in nearly 13 years. Va. lawmakers push to limit investments in Iran (Virginian-Pilot) The U.S. government calls Iran the world’s most active state sponsor of terrorism. Virginia’s public retirement system calls it, indirectly, an investment…. Read more »
LandAmerica to be sold
Updated 10:10 a.m.: LandAmerica, the struggling Glen-Allen-based title insurance company has agreed to sell itself to Fidelity National Financial in a stock deal valued at about $128.4 million.