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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 [...]
Number of COVID-19 cases now above 2,800 in Monday update
In Monday’s update, 2,878 people in Virginia have tested positive for COVID-19, the Virginia Department of Health reports, up 233 cases from Sunday. There are also 54 deaths related to the virus, up from 51 Sunday, and 497 people hospitalized and 24,521 tested. The Virginia Hospital & Healthcare Association has published a new dashboard of […]
Sunday update: 2,637 COVID-19 cases in Virginia
In Sunday’s update by the Virginia Department of Health, the state has 2,637 confirmed cases of COVID-19, up 230 from Saturday. There are 51 deaths — one less than Saturday — confirmed, and 431 people hospitalized, as well as 23,671 tested. According to VDH, “Due to a change in the code for reporting deaths due […]
Va. COVID-19 cases now above 2,400 in Saturday update
There are now 2,407 confirmed cases of COVID-19 in Virginia in Saturday’s Virginia Department of Health update, an increase of 395 cases since Friday’s update. Fifty-two people statewide have died from the virus, 390 are hospitalized, and the number tested is now 21,552. Late Friday, the Hampton Health Department announced the first coronavirus-related death of […]
Henrico County in contact with 39 of 41 nursing homes, fire chief says
After a news conference Thursday evening in which the Henrico County manager promised that county staff would be calling all of the county’s 41 nursing homes, the county Division of Fire employees followed through on the promise Friday. They spoke to employees at 39 facilities by mid-afternoon Friday, Fire Chief Alec Ought[...]
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[...]
