With a deep-pocketed fail-safe in place, a local bank has devised a plan to raise a pile of cash in hopes of shoring up its capital cushion and keeping shareholders happy.
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VCU basketball's new courts take shape
Just days ahead of a new VCU basketball season, construction is well under way at the school’s planned $25 million practice facility.
Property manager dives into development
A real estate management firm is using a prime piece of Fan real estate as its springboard into the development game.
Long-brewing apartment deal closes in Carver
A local real estate firm has added to its VCU-area apartment portfolio in an off-again, on-again deal that finally closed last week.
Investor moves to pour major cash into Village Bank
After a bank deal in Glen Allen, a former SEC attorney is pushing to acquire a quarter of the Midlothian-based bank’s shares in the middle of its turnaround campaign.
HDL sued for $84 million, accused of fraud
After news of a federal investigation came out in the Wall Street Journal, HDL is facing a lawsuit from a major insurer for alleged fraud and abuse of the insurance system.
City makes pricey promises to land Stone Brewing
Richmond officially won the battle for Stone Brewing on Thursday, but Stone’s decision to bring its massive operations here was helped along by a $33 million incentive from the city.
Former songwriter debuts fundraising website
After some musical soul searching in Nashville, Tenn., a former biodiesel salesman is back in Richmond looking to help nonprofits make it big.
New Business Licenses: 9.5.14
A high-end designer opens a store in Short Pump Town Center, plus new caterers, contractors and restaurants in Henrico and Chesterfield counties. Get BizSense Pro to see the full list of new business licenses each week.
Local law firm’s ads take a high-speed turn
In the race for clients in a competitive field, a local law firm is aiming for the winner’s circle with its latest ad buy.