Sign In
Free Newsletter
State extends ban on utility service disconnects
Due to the ongoing COVID-19 crisis, the Virginia State Corporation Commission has extended the ban on utilities disconnecting electricity, water, sewer and gas services until June 14. “While we fervently wish otherwise … it appears that the devastating economic effects of the COVID-19 pandemic are unlikely to abate significantly” by mid-May, when the order was […]
Managing during crisis
Virginia Business virtually sat down with Craig Halliday, CEO of Dulles-based software company Unanet, which provides project management software, timesheet software, expense reporting software and other human resources software to federal government contractors, architects and engineers. This is part of an ongoing series of con[...]
Death toll at Henrico nursing home climbs to 39
Canterbury Rehabilitation & Healthcare Center now has 39 patients who have died from causes related to COVID-19, the Henrico County center reported Thursday afternoon. Six died within the past 24 hours. This now exceeds the 37 deaths at the Seattle nursing home that was a highly publicized, early coronavirus outbreak hotspot in the United States. […]
Sentara Healthcare, VCU Health System seal the deal on Virginia Premier
Norfolk-based Sentara Healthcare and Richmond-based VCU Health System finalized their previously announced joint ownership of the Virginia Premier health plan on Wednesday. Sentara is now the majority owner and VCU Health has a 20% ownership stake of Virginia Premier, a Medicaid managed care organization. Sentara announced the agreement in September 2019, which will serve more […]
Closing time
Virginia Business virtually sat down with Mo Choumil, founder and CEO of Fairfax-based ATG Title Inc., which provides title insurance, escrow services and closing services, to see how real estate closings have been affected by the coronavirus crisis. This is part of an ongoing series of conversations with Virginians about how [...]
Williamsburg apartment complex sells for $26.25M
A 224-unit apartment complex in Williamsburg sold for $26.25 million, New York City-based commercial real estate company Berkadia Commercial Mortgage LLC announced Friday. The Regency at Longhill apartments are located at 5302 Lane Place Drive, which is less than 3 miles from the Warhill Sports Complex, the Williamsburg Premiu[...]
400,000 Virginians have enrolled in Medicaid due to expansion
More than 400,000 adults have now enrolled in the state’s Medicaid program since Virginia expanded eligibility in January 2019, Gov. Ralph Northam and the Virginia Department of Medical Assistance Services (DMAS) announced Friday. “We could never envision that we would reach this milestone amid a historic health emergency, but the timing is a reminder of […]
Va. to open temporary hospitals in NoVa, Richmond, Hampton Roads
With the COVID-19 crisis growing, Gov. Ralph Northam announced Friday that Virginia has selected three sites for overflow patient care: the Dulles Expo Center in Chantilly, the Greater Richmond Convention Center and the Hampton Roads Convention Center in Hampton. The state government is completing contracts to use the facilities[...]
Henrico strip mall sells for $1.5M
Laurel Park Shopping Center in Henrico sold for $1.5 million, Commonwealth Commercial Partners LLC announced Friday. The strip mall located at the corner of Woodman and Hungary Roads encompasses more than 16 acres of land, and is located less than 2 miles from Reynold Community College. The shopping center’s primary retailer i[...]
TowneBank moving closer to Norfolk Southern Tower purchase
Suffolk-based TowneBank is moving closer to purchasing the 22-story Norfolk Southern Tower, reaching an agreement to purchase a nearby downtown Norfolk parking garage for $8.5 million. TowneBank hopes to close on the parking garage and the Norfolk Southern building this summer, TowneBank spokesperson Joel Rubin said Thursday. T[...]
The ‘stress test’ for data centers
The internet hasn’t blown up — yet. But the primary data center hub of the world — Loudoun County — where more than 70% of all internet traffic passes through the county’s Ashburn area, has seen a 50% spike in daytime broadband consumption since the coronavirus crisis began, says Buddy Rizer, Loudoun County’s e[...]
Radford University off-campus apartments sell for $36.1M
More than 200 apartment units near Radford University sold for $36.1 million, Richmond-based real estate company One South Commercial announced this week. The buildings bought by Highland Apts I LLC, a special-purpose entity (SPE) associated with Reston-based real estate investment firm Willow Creek Partners. Radford-based devel[...]
