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SBA loan volume snapshot
Small businesses around the state borrowed $149.78 million worth of SBA loans from Oct. 1 through May
Read More »Big Apple bank moves downtown
JPMorgan Chase moves its local team of five from Innsbrook to Three James Center.
Read More »Pipeline: The Commercial Real Estate Round Up for 10.8.10
Mid-Atlantic Convenience Stores, LLC leased 23,224 SF at the Boulders Center while Redemtech, Inc. leased 115,000 square feet at 500 HP Way in Chesterfield County.
Read More »SunTrust in talks to sell investment units
The Atlanta-based regional bank is in negotiations to sell parts of its institutional investment management business, which includes a local investment firm.
Read More »“Back to basics” say bankers
Local bankers know they’re not the most popular guys around town these days. But the banking model doesn’t work so well when real estate prices are fluctuating so wildly and major industries are falling
Read More »Foreclosures 3.16.10
Eleven properties in this week’s list have defaulted loan values of more that $250,000, with Chesterfield seeing a particularly expensive property that had a value of $877,100.
Read More »Foreclosures for 3.9.10
Foreclosures increased in Chesterfield and Henrico compared to last week, while Richmond City saw its numbers drop by more than half.
Read More »City approves stimulus bonds for private projects
A handful of local projects could get a big boost from a federal stimulus program that funds tax-free bonds
Read More »Surprise: Former LandAmerica customers vote for bankruptcy plan
Almost all of the former customers of LandAmerica’s 1031 exchange -- many of whom are owed hundreds of thousands of dollars each -- have come to the final stage of grief: acceptance
Read More »SBA lending rebounds
Lending is starting to flow again to small businesses. Two quarters ago, the number of SBA loans was down more than 50 percent from the previous year. But as the fiscal year comes to
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