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Trading Day: Local SEC filings for Dec. 18, 2014

Trading Day: Local SEC filings for Dec. 18, 2014

Michael Schwartz December 17, 2014 0

A local CFO gets a hefty new salary, a REIT urges its shareholders not to sell out to a West Coast firm and a Markel sells off some his shares.

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Storage facility locks down Short Pump land

Storage facility locks down Short Pump land

Michael Schwartz December 16, 2014 0

A self-storage company has scooped up one of the few remaining undeveloped plots of land in the crowded Short Pump area.

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Banks’ $275M merger passes final test

Banks’ $275M merger passes final test

Michael Schwartz December 16, 2014 0

A Richmond bank is pulling its chair up to the closing table after receiving the last needed approval to move forward with an acquisition by Hampton Roads' TowneBank.

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Bids roll in for Jefferson’s $30M holdings

Bids roll in for Jefferson’s $30M holdings

Michael Schwartz December 14, 2014 0

With one high-profile deal behind it, a local auction firm is prepping for the huge upcoming sale of some 400 apartment units held by convicted developer Billy Jefferson.

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String of M&A deals sweeps up local firms

String of M&A deals sweeps up local firms

Michael Schwartz December 11, 2014 0

The local M&A market is closing out the year with a bang. Three local companies have announced their acquisitions, including one deal this week valued at $850 million

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Trading Day: Local SEC filings for Dec. 11, 2014

Trading Day: Local SEC filings for Dec. 11, 2014

Michael Schwartz December 10, 2014 0

A West Coast investment firm is trying to lure shareholders of a Richmond REIT. A local banker cashes out some options, and an insurance executive sells off some shares.

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Double hotel opens downtown

Double hotel opens downtown

Michael Schwartz December 9, 2014 1

A $36 million dual hotel developed by locally based Apple Hospitality REIT opened in Shockoe Slip this week.

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Wireless provider powers down local stores

Wireless provider powers down local stores

Michael Schwartz December 7, 2014 0

After signing a deal with T-Mobile, Virginia-based nTelos is shutting down its local operations. And the closures will put several prime storefronts back on the market.

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Shareholders sign off on $275M merger

Shareholders sign off on $275M merger

Michael Schwartz December 3, 2014 0

The massive merger of two Virginia banks cleared another hurdle on Wednesday with votes of approval from shareholders on both sides.

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