Northam issues more restrictions; schools closed for rest of semester
Updated, 4:15 p.m. Monday: A seventh death has been reported by the Virginia Beach Health District, the first fatality related to COVID-19 in the district. The patient was a man in his 70s who had underlying health conditions, according to the Monday afternoon news release. More information here. Earlier: With novel coronavirus[...]
Commercial real estate firms confident they can weather pandemic
Faced with the coronavirus pandemic, Virginia-based commercial real estate firms say they’re pausing transactions in the short term, but are still moving forward with long-term development plans. The firms are also turning their focus toward supporting tenants and landlords through financial difficulties caused by the cris[...]
Richmond developer raises $7M for apartment building in Scott’s Addition
Capital Square Realty Advisors LLC, a Henrico County-based real estate investment and management company, announced Monday that it has raised $7 million from investors for a five-story, 80-unit apartment building in the city’s popular Scott’s Addition neighborhood. Scott’s Collection I, which will be located on[...]
JBG Smith gets green light for 300-foot-tall apartment towers in Crystal City
Bethesda, Maryland-based developer JBG Smith Properties has secured the final permissions from Arlington County for two, 300-foot-tall apartment towers in Crystal City near where the real estate company is developing and leasing space for Amazon.com Inc.’s $2.5 billion HQ2 East Coast headquarters. The mixed-use development[...]
UPDATED: Six Virginians have died from COVID-19; Va. cases climb to 220
UPDATE, 5 p.m., Sunday: The Virginia Department of Health announced the deaths of three more Virginia residents Sunday, bringing the number of COVID-19 deaths in the state to six people. The three patients lived in the Peninsula District and were women in their 80s, according to a VDH news release. One woman lived in a […[...]
Va. COVID-19 cases rise 33% in 24 hours
As of Saturday, March 21, Virginia has 152 confirmed cases of COVID-19 — a 33% increase from the day before, the Virginia Department of Health announced during a news briefing Saturday. Additionally, the state revised its COVID-19 testing criteria to prioritize health care workers and first responders caring for patients with [...]
Henrico nursing home has 4 coronavirus patients, 3 more pending
Four residents at Canterbury Rehabilitation & Healthcare Center in Henrico County tested positive for coronavirus in the past 48 hours and three more residents who are exhibiting COVID-19 symptoms are being tested, the nursing home announced Friday afternoon. “Per guidance from the Henrico County Health Department, all seven patients are currently being treated onsite in […]
Sterling biotech firm launches COVID-19 test
Sterling-based biotech company Aperiomics has launched a COVID-19 test available for to medical providers nationwide for $250 per sample. Aperiomics says it has the capacity to process and deliver results on 1,000 tests per week. The company says it can turn around results from its Xplore-COVID-19 tests within 48 to 72 hours of receiving a […]
Daleville shopping center sells for $8M
Botetourt County shopping center Orchard Marketplace has sold for $8 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Club Forest Guardian LLC purchased the 46,552-square-foot property from Orchard Anchor LLC and New Orchard Marketplace LLC on March 10. The property was 100% leased at t[...]
Va. now has 100+ cases as COVID-19 spreads statewide
As of Friday, Virginia has 114 confirmed cases of COVID-19, which now has spread to every region of the commonwealth, State Health Commissioner Dr. M. Norman Oliver confirmed during the state’s daily coronavirus news conference. “We do not have a medicine for COVID-19. We do not have a vaccine,” Oliver said. “[...]
Federal tax filing deadline moved to July 15
Due to the COVID-19 pandemic, the federal government has moved tax filing deadlines from April 15 to July 15, U.S. Secretary of the Treasury Steven Mnuchin announced Friday in a pair of tweets. Virginia state tax returns are still due on May 1, but the state is granting a one-month extension for payment of individual […]
Virginia extends tax payment deadline to June 1
Virginia is granting a one-month extension for payment of individual and corporate state income taxes by June 1, although tax returns are still due May 1, Virginia Secretary of Finance Aubrey Layne Jr. said during a state coronavirus news briefing Thursday. Anyone who pays their state income tax after June 1 will not incur late […]