A local bank is foreclosing on parcels at four sites in Henrico that were once in the pipeline of the Tetra Companies, a Virginia Beach real estate investment firm that appears to have dissolved.
Michael McNally
Va. firm under investigation
The State Corporation Commission opened an inquiry into the Tetra Companies, a defunct real estate investment group based in Virginia Beach.
Deal built on shaky ground falls through
A 60-acre wetland once slated for retail development went back to the lender Friday.
The Docket: Court Roundup for 3.8.11
A landlord wants $35,000 in unpaid rent while a local bank is trying to collect $400,000 from a developer and $200,000 from a restaurant. Plus a $300,000 garnishment from a dentist.