CEO James Black said Touchstone Bank will use the money to hire more employees as it grows in both the Richmond region and North Carolina.
Local bank completes $10M capital raise
Richmond
The Herd: New hires, promotions & departures for 1.25.22
Law, accounting and engineering firms name partners and shareholders, plus new faces and promotions in real estate, finance, insurance, nonprofits and more.
The Pitch: Advertising and marketing news for 1.25.22
The state lottery rolls out ads for its newest game, a website redesign is in store for an economic development group, and a Richmond distiller gets new social media ads.
An Eck of a deal: Family’s Fan real estate holdings fetch nearly $50M
The 158 properties are now in the hands of various new owners after a slew of deals closed between mid-December and early January.
Local lab doubles Innsbrook footprint to keep up with COVID test demand
Genetworx is in the midst of hiring 300 more employees in the Richmond area.
Asian restaurant Lucky Whale trying to make a splash in the Fan
A local family that wishes to remain anonymous owns the new eatery at 2028 W. Cary St.
The Agenda: Local government briefs for 1.24.22
The Richmond City Council considers a second casino referendum, a Chesterfield developer wants his own landing strip, and Petersburg names a new economic development director.
Online women’s clothier tries on brick-and-mortar store in Short Pump
Inspired by their fashionable and entrepreneurial grandmother, two local sisters are taking a pandemic-prompted pivot to the next level.
Richmond RV park investors pull into Texas Gulf Coast for latest deals
National Land Lease Capital bought Island RV Park in Port Aransas, Texas in a sister deal to go along with Tropical Island RV Park, which NLLC acquired last summer.
Guest commentary: Carvana tower a bravura performance architecturally
The 12-story glass and metal car “vending machine” upped the ante in a refreshing way on Westwood Avenue.