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Recent Articles from Rich Griset
Central Virginia home lot sales surged 33% in Q4 2020
Henrico-based real estate researcher Integra Realty Resources announced this week that Central Virginia saw a surge of home activity in the fourth quarter of 2020, with lot sales increasing by 33% and permitting activity increasing by 39%. In this time frame, 1,430 building permits were issued for construction and 1,432 vacant lots were sold. Integra […]
Colliers International Virginia taps executive vice president
Richmond-based commercial real estate agency Colliers International Virginia LLC announced Thursday that Charles Wentworth has been promoted to executive vice president. Wentworth joined Colliers in 2012 to specialize in multifamily sales, where he represents private, high net-worth and institutional clients in the Central and western Virginia markets. Since joining the firm, Wentworth has complet[...]
Homes sell above listing price in Virginia
In its February 2021 Home Sales Report, Virginia Realtors says that homes in Virginia sold above their asking price on average, sales have quickened, and housing inventory has continued to shrink last month. For several months, strong demand, limited inventory and historically low mortgage rates have driven price growth in Virginia. In February, the median […]
Northam signs alcohol, ‘games of skill’ bills into law
Gov. Ralph Northam announced on Friday that he has signed several bills into law, including ones that allow for the delivery and take-out of alcoholic beverages and the ban of so-called “games of skill.” House Bill 1879, sponsored by Del. David Bulova, D-Fairfax, and Senate Bill 1299, sponsored by state Sen. John Bell, D-Ashburn, codify […]
Rosetta Stone acquired by California-based learning platform
Arlington-based software company Rosetta Stone Inc. has been acquired by IXL Learning, the California-based educational learning company announced on Wednesday. Founded in 1992, Rosetta Stone’s products are used by more than 1 million people in 150 countries to learn 30 languages. IXL is an integrated learning platform that supports more than 12 million students in […]
U.Va. names new student affairs chief
The University of Virginia announced Thursday that Robyn S. Hadley will become its new vice president and chief student affairs officer effective June 1. Hadley currently serves as associate vice chancellor and dean for scholar programs at Washington University in St. Louis. In her new role at the Charlottesville university, Hadley will report to the […]
Elizabeth River Project receives $2.1M naming gift
The nonprofit Elizabeth River Project announced Thursday that it has received a major naming gift of $2.1 million from Norfolk’s Pru and Louis Ryan. The gift, the largest in the organization’s history, will attach the Ryans’ names to the Elizabeth River Project’s Resilience Lab that will be built along the Elizabeth River at 4610 Colley […]
Phlow announces national coalition with children’s hospitals
Richmond-based Phlow Corp. announced Thursday the launch of a coalition that will help ensure that children’s hospitals across the country receive key medications. The Virginia Commonwealth University-affiliated Children’s Hospital of Richmond is one of 11 founding hospital members. Children’s Hospital Coalition (CHC) aims to provide certainty in availability and access to medici[...]
Dominion VP named to board of manufacturers association
The National Association of Manufacturers announced Wednesday that William L. Murray, Dominion Energy Inc.’s senior vice president of corporate affairs and communication, has been named to the NAM board of directors. “Bill Murray is a recognized leader in our industry, and the NAM will be stronger thanks to his service on our board of directors,” […]
Chantilly cell tower B2B biz acquired by California company
Chantilly-based SmallCellSite.com has been acquired by California’s Digital Locations Inc., a developer of 5G cell tower sites. The completed acquisition was announced on March 2. Financial terms of the acquisition were not disclosed. The acquisition means that Digital Locations now has 80,000 prequalified wireless cell sites. SmallCellSite has nonexclusive agreements with site owners all ov[...]
