A local investment group that includes some longtime Richmond developers is planning a $28 million hotel project in Staunton, and the project is named after one of Virginia’s early architects.
Richmond developers bet big on small town
Stan Manoogian
The Herd: New hires, promotions and departures for 12.1.10
The president of an active real estate development firm takes a leave of absence. Plus new hires in finance, sports and architecture.
Markel buys half of local private equity fund
An arm of a local insurance giant has invested in a Richmond-based private equity fund that buys distressed real estate projects with the goal of fixing the management, injecting more money and coming out with a handsome return.