John B. Levy »
Forecast for how local CMBS loans will play out: hazy
The delinquency rate for commercial real estate loans is climbing in Richmond. That could mean more distressed property will hit the market this year as lenders get tougher on borrowers. And that, in turn,
Read More »DealFlow: Investment Banking roundup for 2.11.11
Welcome to DealFlow, a new monthly BizSense data section that tracks the recent deals that local firms had a hand in, whether by brokering a capital raise, advising on an IPO or helping close
Read More »Industrial plant no longer for sale
The Reynolds Packaging North Plant at 10th and Byrd streets was advertised for sale beginning in March, but the owners have decided to hold off on a sale because of the weak economy
Read More »Speakers:Commercial real estate far from recovering
“Commercial real estate has not begun to feel the pain,” said Panelist Bob O’Rourke, managing director of real estate for the Guardian Life Insurance Company
Read More »Richmond’s piece of the coming commercial real estate shakedown
Riverside on the James, Richmond’s FBI Headquarters on Parham, a former Circuit City headquarters building. All three are among the local properties that have large commercial mortgages coming due in the next two years.
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