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Va. reports 733 new COVID-19 cases in 24 hours
UPDATE SUNDAY, APRIL 26: The Virginia Department of Health reported 586 new confirmed COVID-19 cases Sunday, not including 482 probable cases, raising the states’s total confirmed cases to 12,488. There have been 448 deaths from COVID-19 in Virginia and 2,007 Virginians are hospitalized with the disease. Fairfax County, t[...]
Pandemic housing market has fewer sellers, higher sales prices
Virginia Business virtually sat down with Larry “Boomer” Foster, president of Long & Foster Real Estate, to get the current pulse on the real estate market in Virginia. The most recent data published was reflective of March real estate transactions in Northern Virginia, but Foster shared insight from the most up-to-date [...]
Hampden-Sydney College receives $2.45M in anonymous donations
Hampden-Sydney College announced Friday that it received two anonymous gifts totaling $2.45 million to establish a biology laboratory and add to the college’s need-based scholarship funding. A $1 million gift will establish the Hinton Baxter Overcash Immersive Biology Laboratory in the Pauley Science Center, which is exp[...]
Va. Beach real estate company names senior VP
Virginia Beach-based real estate company Divaris Real Estate Inc. announced Thursday that Brian Devlin will serve as its senior vice president of office leasing and investment sales at its headquarters. Devlin most recently was the senior vice president at Glen Allen-based Commonwealth Commercial Partners’ Norfolk office, bu[...]
UPDATED: Virginia’s colleges and universities announce fall plans
UPDATED JUNE 15 Colleges and universities in Virginia are discussing options for their fall semesters, which will probably be like nothing the state has seen before due to the COVID-19 pandemic. As of June 12, Virginia Tech, Virginia Commonwealth University, the University of Virginia, Old Dominion University, Radford University[...]
Northam looks ahead to reopening Virginia
UPDATED, SATURDAY APRIL 25: Gov. Ralph Northam’s office and Virginia Department of Health told the Richmond Times-Dispatch on Saturday that Phase One of Northam’s “Forward Virginia” blueprint for easing statewide COVID-19 restrictions will not last two years. The newspaper had reported Friday that Virgini[...]
More small-business relief funds on the way
President Donald Trump on Friday signed a bill that allocates an additional $320 billion to the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) — and Virginia banks are poised to resume making loans and taking applications Monday. The SBA approved 1.7 million loans before the initial $349 billion small-business relief fund ran out after […]
Va. health department reports 11,169 COVID-19 cases
Virginia reported 542 new confirmed COVID-19 cases Friday, bringing the state’s total to 11,169 confirmed cases, not including 425 probable cases. As U.S. COVID-19 deaths surpassed 50,000, Virginia has reported 410 deaths attributable to the pandemic and 1,829 Virginians are hospitalized from the coronavirus. Fairfax County alone has 2,534 cases, the most of any locality […]
Northam extends ban on elective surgeries until May 1
Gov. Ralph Northam on Thursday extended the ban on elective surgeries at Virginia hospitals until May 1, despite the Virginia Hospital & Healthcare Association’s (VHHA) letter sent to Northam urging him not to extend the executive order. Northam issued Order of Health Public Emergency Two on March 25, prohibiting non-emerg[...]
American Family Fitness building in Henrico sells for $4.1M
An outparcel building at Virginia Center Commons Mall, which is leased to American Family Fitness, sold for $4.1 million, Norfolk-based real estate company S.L. Nusbaum Realty Co. announced Thursday. The 86,627-square-foot building is located at 10101 Brook Road in Glen Allen and has been leased to American Family Fitness for [...]
The Breeden Co. starts construction on $70M waterfront apartment complex
Virginia Beach-based real estate developers The Breeden Co. began construction this week on a $70 million waterfront apartment complex in the Fort Norfolk area. The Lofts at Front Street will include a 258-unit, five-story apartment complex with studio, one-, two- and three-bedroom units, an internal parking garage and a pedestr[...]
Chester shopping center sells for $4.04M
A shopping center in Chester has sold for $4.04 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Wednesday. The strip mall, Centralia Crossing, is located at 9801 Chester Road and its anchor tenant is Food Lion, which recently extended its lease. The property sold by Berman Kappler Properties was [...]
