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Capital Square names CFO
Henrico County-based real estate investment company Capital Square announced Monday it has hired Austin Griffin as chief financial officer. With more than two decades of experience, Griffin was most recently CFO with The Caton Cos., which oversees operations and assets for nine companies with more than $1 billion in assets. In h[...]
16 Va. hospitals ranked on national LGBTQ benchmarking tool
Sixteen Virginia hospitals earned a top score of 100 on the 2020 Healthcare Equality Index survey, a national LGBTQ benchmarking tool from the Human Rights Campaign (HRC), released Monday. HEI evaluated more than 1,700 health care facilities’ policies and practices related to equality and inclusion of their lesbian, gay, bisexual, transgender and queer or questioning […]
Ikea, state pledge $4M for eviction legal assistance
Gov. Ralph Northam announced a $4 million fund Monday that will support 20 Legal Aid attorneys in defending Virginia tenants facing eviction over the next two years. The Ikea U.S. Community Foundation pledged $2 million, based on the unemployment funds its retail workers in Virginia received earlier in the year, and the state’s COVID-19 Relief […]
Rosetta Stone to be acquired by Dallas company for $792M
Arlington-based language learning company Rosetta Stone Inc. will be acquired by Dallas-based digital education company Cambium Learning Group Inc. (backed by private equity firm Veritas Capital Management LLC) for $792 million, the company announced Monday. The transaction is expected to close during the fourth quarter this year. “This transaction represents the next step on a […]
Frederick County launches $1M business grant program
The Frederick County Economic Development Authority announced Monday it has allocated $1 million of federal CARES Act funds for a business grant program. Applications can be submitted at 8 a.m. Tuesday, Sept. 8 through 5 p.m. Tuesday, Sept. 15. The program will award grants of $5,000, $7,500 and $10,000 to businesses with 2019 annual gross […]
New COVID-19 cases and deaths rise statewide
The number of COVID-19 cases across the state rose by 6,964 over the past week, bringing the total number to 120,594, the Virginia Department of Health reported Aug. 31. The number of virus-related deaths rose by 109 last week, with a total of 2,580 since March. Both statistics saw increases since the previous week, when […]
Danville warehouse sells for $1.625M
A warehouse building in Danville has sold for $1.625 million, Cushman & Wakefield | Thalhimer announced last week. Located at 2117 Halifax Road across Route 58 from the Danville Regional Airport, the Limborgh II Warehouse will be used as a manufacturing facility for wood storage sheds and barns. Lowder Builders LLC purchased[...]
Va. Physicians for Women to construct HQ in Midlothian
Virginia Physicians for Women purchased four acres of land for nearly $1.5 million to construct a new headquarters building in Midlothian, commercial real estate brokerage firm NAI Dominion (an office of NAI Global) announced last week. The medical practice purchased the land for the 41,598-square-foot headquarters building from[...]
NoVa housing market continues to recover
Northern Virginia saw an increase in the number of housing units sold in July, according to the Long & Foster Real Estate Market Minute Report released Friday. The report includes data from Alexandria and Arlington, Fairfax, Loudoun and Prince William counties. Alexandria saw the largest increase in units sold at 15%, and also saw the […]
MainStreet Bank names chief operating officer
Lisa Kilgour has been promoted to executive vice president and chief operating officer of Fairfax-based MainStreet Bank, its parent company, MainStreet Bancshares Inc., announced Friday. A Virginia Tech graduate, Kilgour joined the bank in 2017 as senior vice president and chief information officer, and before that, served as se[...]
COVID-19 cluster spurs quick conversion of VCU Honors College into isolation unit
RICHMOND, Va. — Virginia Commonwealth University will convert three floors of a building that houses classrooms and workspaces into an isolation space for students who test positive for COVID-19, according to a university spokesperson. The number of positive cases on campus has more than tripled since the university began [...]
More college students head into quarantine as COVID-19 cases rise
RICHMOND — As more universities open, they’re collecting and releasing COVID-19 data and grappling with contingency plans for those who contract the disease. As of Thursday evening, universities across Virginia were reporting that more than 550 students, staff and faculty members have tested positive for COVID-19 since s[...]
