Xenith Bank

Banking’s new world order

Despite some advantages, Richmond-based Xenith Bank isn’t tying itself to any outdated promises of profitability.

The Pipeline: Commercial real estate roundup for 3.26.10

Rappahannock Mattress Company leased 3,600 square feet in Chesterfield, SMASHdirect leased 14,085 square feet in Hanover. And Chris Bossola leased 4,500 square feet at 3018 W. Cary St. in Richmond.

Xenith Bank merges with Suffolk-based First Bankshares

First Bankshares, Inc. and Xenith Corporation today announced their intention to merge.  Upon closing of the merger, the combined organizations will operate as a one-bank holding company under the name Xenith Bankshares, Inc. (“Xenith Bankshares”).

Q&A: Who would start a bank in this economy?

There’s a new kid on the banking block. Xenith Bank, currently in organization, recently moved into their new office headquarters downtown. The bank will focus on small- and medium-size business. BizSense sat down with Chief Executive and President T. Gaylon Layfield to talk about the plans for the bank and the issues facing the banking… Read more »

The Pipeline: Commercial Real Estate Round Up for 2.05.09

REM Properties purchased the Shoppes at Bell Creek from private investors for $9.5 million. The 65,800-square-foot shopping center is located on Bell Creek Road in Mechanicsville. It was constructed in 2003. Grubb & Ellis Harrison & Bates reports that Pine Dell Shopping Center LLC purchased the 16,000-square-foot Pine Dell Shopping Center from Pine Dell Corp… Read more »