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University of Virginia Rotunda and Lawn. Photo courtesy University of Virginia
May 21, 2024

Student sues U.Va., alleging antisemitism

A Jewish undergraduate student is suing the University of Virginia, its president and rector, and two pro-Palestinian organizations, alleging that he was “a victim of hate-based, intentional discrimination, severe harassment and abuse, and illegal retaliation” at U.Va., according to a federal lawsuit filed May 17. Ma[...]

Historical April home sales in Virginia. Image courtesy Virginia Realtors
May 21, 2024

Va. housing market warms up in April

Virginia’s housing market is heating up this spring, with April sales increasing 14.1% from sales in April 2023, according to Virginia Realtors data released Tuesday. Last month, 9,416 homes sold in Virginia, up 1,164 sales from the same month last year. Sales activity in Virginia has been trending up in 2024, except for a dip[...]

Gov. Glenn Youngkin, with Virginia Innovation Partnership Corp. CEO Joe Benevento seated right, announced the Virginia Invests partnership at the CarMax Midtown Innovation Center in Richmond. Photo by Katherine Schulte/Virginia Business
May 20, 2024

VIPC launches $100M fund partnership for Va. startups

The Virginia Innovation Partnership Corp. is partnering with seven venture capital fund managers to invest $100 million in 100 Virginia-based startups. Through the partnership, announced Monday by Gov. Glenn Youngkin and named Virginia Invests, VIPC will commit $40 million to the seven funds using previously awarded funding from[...]

May 20, 2024

Va. casino gaming revenues total $60.1M in April

Virginia’s three casinos reported about $60.1 million in gaming revenues for April, according to Virginia Lottery data released last week. Last month, the Bristol Casino: Future Home of Hard Rock reported about $13.9 million in adjusted gaming revenues (wagers minus winnings), of which about $11 million came from its 903 slots[...]

May 20, 2024

Accenture Federal Services completes Cognosante buy

Arlington County-based Accenture Federal Services has completed its acquisition of Falls Church-based Cognosante, AFS announced Monday. With the acquisition, AFS plans to create a new federal health portfolio. The deal adds 1,500 employees to AFS’ workforce. “The health market is a unique mission space in the U.S. federal government,” Accenture Federal Services CEO John Goodman […][...]

Vanguard Landing broke ground in April. Photo courtesy Berkadia.
May 17, 2024

Vanguard Landing apartments under construction in Va. Beach

Vanguard Landing, an “intentional community” specifically designed for people with intellectual and developmental disabilities, is under construction in Virginia Beach. Developers broke ground on the first phase in April and started construction in earnest in May. The mixed-use community, which claims to be the first[...]

May 17, 2024

StoneSprings Hospital Center hires new CEO

Tammy L. Razmic is the new CEO of StoneSprings Hospital Center in Dulles, the first woman to hold the top title, HCA Virginia announced May 13. Razmic will start her new job at the Loudoun County hospital on May 20. Razmic was most recently chief operating officer at HCA Florida Memorial Hospital in Jacksonville, Florida. [&hell[...]

May 17, 2024

GDIT wins $185M Air Force task order

Falls Church-based federal contractor General Dynamics Information Technology won a $185 million recompete task order to provide cybersecurity services for the Air Force Civil Engineer Center, the company announced Friday. The 772nd Enterprise Sourcing Squadron at Tyndall Air Force Base in Florida awarded the task order for a on[...]

April market statistics in Northern Virginia. Image courtesy Northern Virginia Association of Realtors
May 17, 2024

NoVa home sales rise dramatically in April

Northern Virginia home sales in April rose 13.5% from April 2023, the region’s first double-digit growth in sales since November 2021, according to data the Northern Virginia Association of Realtors released Tuesday. In April, the region had 1,623 closed sales, up year-over-year and up 36% from the 1,191 homes sold in March, r[...]

Marlowe Apartments in Arlington County. Photo courtesy Berkadia
May 17, 2024

Arlington apartment tower sells for $48.5M

A 162-unit high-rise apartment property in Arlington County has changed hands. Fortis Cos., a Washington, D.C.-based real estate development and investment company, acquired Marlowe Apartments from Equity Residential for $48.5 million, according to Berkadia, a commercial real estate services and mortgage firm, and Arlington Coun[...]

A man wearing a navy blazer and red tie smiles.
May 16, 2024

Visit Williamsburg names new CEO

The Williamsburg Tourism Council, also known as Visit Williamsburg, has named Edward Harris its new CEO, the organization announced Wednesday. Former CEO Victoria Cimino stepped down from the role in January after more than four years leading the destination marketing organization for Williamsburg, Yorktown and Jamestown. With m[...]

May 15, 2024

Shenandoah University receives $20M gift from alumnus

A Shenandoah University alumnus and his wife have pledged $20 million to the university, the largest individual donation in the history of the Winchester school. Wilbur and Clare Dove’s gift, announced last month, will go toward the building of a performing and visual arts center on campus, according to the university. Wilbur[...]

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