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Supporting the ‘shining star’
Artwork adorns almost every wall of Joan Brock’s immaculate and welcoming Oceanfront home. It’s in the powder room and big, open kitchen. It takes pride of place in a downstairs office and over a fireplace mantle. Large, framed pieces dominate a bright stairwell landing and cozy upstairs sitting room. It’s the accumulation[...]
On the mend
After two years of severe staff shortages at health care facilities nationwide, conditions at the big three hospital systems in Hampton Roads are improving. “The last two years have been some of the most challenging times for nurses in our lifetime,” says Cassie Lewis, chief nursing and quality officer for Bon Secours’ Ham[...]
Launching pad
When COVID-19 hit in spring 2020, Cindy R. Earl lost her job as a furniture company’s sales rep. But the Portsmouth resident’s sudden unemployment came with a positive side effect: She had time to assume care of her ailing grandmother after the pandemic had shuttered the assisted living facility where her grandmother had l[...]
A slow shift
Jeremy Caleb Johnson is advising clients preapproved for a mortgage loan at the beginning of 2022 to adjust expectations. The price of houses they may have looked at just months ago likely not only went up significantly, but the low interest rates available then have also risen dramatically. “What you may have been able to [&h[...]
Keeping watch
The question of the quarter: Are we entering a recession? One key indicator of a future recession can be inflation, which hit a 40-year high this year. Between June 2021 and June 2022, the consumer price index increased by 9.1%, according to the U.S. Bureau of Labor Statistics. One of the first tangible signs for […]
Virginia Realtors elect Winchester broker as prez
Virginia Realtors, the state’s largest trade association, has a new president and slate of officers for 2023. Katrina M. Smith, of the Blue Ridge Association of Realtors, will lead the group for the next year. She is the broker and owner of RE/MAX Synergy in Winchester and has been a Realtor since 2005. She led […]
Titanium company investing $82.1M in Halifax County
Charlotte, North Carolina-based IperionX Ltd., a minerals company that produces titanium metal powder for use in manufacturing, announced plans to establish Virginia’s first titanium demonstration facility in Halifax County, an investment of $82.1 million expected to create 108 jobs, Gov. Glenn Youngkin announced Tuesday. [...]
Money matters
For the most part, the most prominent banking institutions in Hampton Roads stayed the same in fiscal year 2021, with Suffolk-based TowneBank holding the top market share of 27.49% (up nearly 2% from the Federal Deposit Insurance Corp.’s June 30, 2020, report) and second-place holders Truist and Wells Fargo banks with just below 20% each. […]
Conways make $13M donation to VCU nursing school
McLean philanthropists Joanne and William E. Conway Jr. have given $13 million to Virginia Commonwealth University’s School of Nursing, the university announced Monday. The gift is the largest in the school’s history and will provide more than 1,000 undergraduate and doctoral students with scholarships over the next [...]
ECS Federal receives contract valued up to $429.5M
Fairfax-based ECS Federal LLC has received a contract valued up to $429.5 million from the Defense Information Systems Agency to improve security and reduce risk across the Army’s computer networks, the Pentagon announced Friday. Work will be performed on behalf of the U.S. Army Network Enterprise Technology Command starting Sept. 29 through March 28, 2023, […]
Evermade Foods to expand Fauquier County operations
Warrenton-based Evermade Foods is investing $110,000 to expand its manufacturing operations and add 46 jobs, Gov. Glenn Youngkin announced Monday. Evermade Foods is a co-manufacturer of prepared meals sold under private labels at grocery stores and through meal subscription services. The company has invested $1.7 million in buil[...]
17th Street Lofts sells for $4.65M in Richmond
An apartment building in the city of Richmond has changed hands. BP I LLC purchased the 17th Street Lofts, located at 329-333 Oliver Hill Way, from 333 Oliver Hill LLC for $4.65 million, One South Commercial reported. The 20,300-square-foot space includes 24 units and was purchased as an investment. Ryan Rilee and Tom Rosman of [...]
