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Recent Articles from Robyn Sidersky
Va. housing market broke records in 2021
Last year Virginia’s housing market was one for the record books, according to a new report released Jan. 21 by Virginia Realtors. In 2021, there were 154,340 home sales statewide, a 10.2% increase over 2020, according to the industry association. The median sales price was $350,000, a $30,000 jump, or 9.4% increase, from the previous […]
Parsons lands $100M COVID testing contract
Centreville-based defense contractor Parsons Corp. has been awarded a task order to provide COVID-19 tests to Department of Homeland Security and Immigration and Customs Enforcement facilities across the United States, the company announced Jan. 19. Parsons will supply emergency-use authorized, portable, rapid molecular and rapid antigen test kits to DHS, as well as provide logistics, […]
Blue Ridge Bank, FVCbank merger called off
The merger of the parent companies of Charlottesville-based Blue Ridge Bank and Fairfax-based FVCbank has been called off, the companies announced late Thursday. Blue Ridge Bankshares Inc. and FVC Bankcorp Inc. mutually agreed to terminate the agreement, which was first announced in July 2021. The companies delayed the merger, which would have created a $5 […]
Richmond’s Risk Based Security acquired by Flashpoint
Richmond-based Risk Based Security has been acquired by Flashpoint, a New York-based cybersecurity developer specializing in threat intelligence and risk prevention. RBS, founded in 2011, specializes in vulnerability intelligence, breach data and vendor risk ratings. Financial details of the transaction were not disclosed. “I am incredibly excited to welcome the RBS team to Flashpoint,” Flashp[...]
Va. Health Center names new president and CEO
Virginia Hospital Center in Arlington has named Christopher T. Lane as its next president and CEO. Lane replaces James Cole, who is retiring after 36 years at the hospital. Lane will begin in late March. He will join VHC from Kaleida Health, Western New York’s largest health care system, where he was the president of […]
Kingstowne office buildings sell for $13M
Two office buildings in the Kingstowne area of Fairfax County have sold for $12.9 million, Avison Young announced last week. Melrose Solomon Enterprises purchased two office buildings at 5901 Village Parkway and 5695 King Centre Drive from The Halle Cos., based in Maryland. The larger property, 5695 Kings Centre Drive, is three stories, and was […]
Former Va. education secretary joins McGuireWoods Consulting
McGuireWoods Consulting has named Fran Bradford, Virginia’s former secretary of education, as a senior vice president, the firm announced Tuesday. Bradford was previously deputy secretary and took over from Atif Qarni, who resigned in December 2021 as the state’s education secretary to take a job at Temple University. She will serve on the McGuireWoods government […]
Atlantic Union Bank names Maria Tedesco COO
Richmond-based Atlantic Union Bank has named Maria Tedesco its chief operating officer, effective immediately. It’s a new position for the bank. Tedesco will continue in her role as president as well. She joined the bank in 2018 and previously was chief operating officer for BMO Harris Bank’s U.S. retail and business banking lines, as well […]
State awards $7M in grants to help with site readiness
Eleven commercial projects across the commonwealth will get a boost to help with site readiness, Gov. Ralph Northam announced Thursday. The Virginia Business Ready Site program, administered by the Virginia Economic Development Partnership, awarded $7 million in development grants. Having project-ready sites available has been a priority for VEDP, and Northam asked for $150 million […]
NoVa’s 2021 home sales surpassed 2020 total
In Northern Virginia, nearly 27,000 homes were sold in 2021, an increase of 17% over 2020’s total and the highest number of sales since 2005, the Northern Virginia Association of Realtors reported this week. “For the year, the NVAR footprint total sales volume was up by more than 23%, reaching almost $19 billion. This is […]
