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Cville’s Castle Hill Gaming signs new HQ lease
Charlottesville-based slot-machine-gaming software developer Castle Hill Gaming signed the lease for its new 20,000-square foot headquarters in Albemarle County, where it will be the anchor tenant in the $45 million Stonefield mixed-use development. Washington, D.C.-based real estate firm The Bernstein Companies is funding the development via its OPZ Bernstein Opportunity Fund. Construction has yet to be […][...]
Matrix Capital Markets Group adds two directors
Richmond-based independent investment bank Matrix Capital Markets Group Inc. has promoted William J. O’Flaherty and Stephen C. Lynch as directors. O’Flaherty has been a member of the investment bank’s consumer and industrial products group since 2011. He holds a bachelor’s degree in commerce with a concen[...]
Williams Mullen taps new chief admin officer and CFO
Richmond-based Williams Mullen, the state’s third-largest law firm, has promoted Billie Jo Brooks to chief administrative officer and Brett Harn as chief financial officer. “Billie Jo and Brett both bring valuable experience and insight to areas critical to Williams Mullen’s operations,” Williams Mullen COO Craig Rascoe said in a statement released Thursday. “We look forward […][...]
Developer expects to break ground soon on luxury apartments in Richmond
Construction will start this spring on a six-story luxury apartment building in downtown Richmond geared toward young professionals, New York-based developer Goodstein Development Corp. announced Thursday. Goodstein plans to break ground at 507 E. Main St. in the next two months and complete the project by spring 2021, according[...]
The Hilb Group acquires Maryland insurance agency
Henrico County-based insurance company The Hilb Group LLC (THG) announced Wednesday the acquisition of Maryland-based Martens Johnson Insurance Agency Inc. The transaction that took effect Jan.1. Financial terms of the acquisition were not disclosed. Martens Johnson is a full-service insurance agency specializing in serving the commercial transportation industry. THG —a portfolio company of Washington, D.C.-based […][...]
SafeGuard Cyber names senior VP for information security, corporate affairs
Charlottesville-based SaaS security platform provider SafeGuard Cyber has hired Thomas A. Dukes Jr. as its senior vice president for information security and corporate affairs, the company announced Tuesday. Dukes has more than 25 years of experience in cyber policy. He has previously served as the U.S. State Department’s [...]
Avail Vapor divides its operations into three entities
Chesterfield County-based e-liquid manufacturing company Avail Vapor LLC divided its operations into three separate businesses as of Jan.1, the company announced Tuesday. The three entities each have different responsibilities and include: Avail Vapor LLC (vapor retailer), Blackbriar Regulatory Services LLC (contract manufacturing, FDA compliance consulting) and Blackship Technologies LLC (research and development). Each company has [&h[...]
The Hilb Group acquires New York brokerage
Henrico County-based insurance company The Hilb Group LLC (THG) acquired Brooklyn, New York City-based independent brokerage BR Vital Brokerage Inc. (BRV) in a transaction that took effect Jan.1, the company announced Tuesday. Financial terms of the acquisition were not disclosed. BRV specializes in property and casualty insurance for medical professionals. THG —a portfolio company of […]
Mid-Atlantic CCIM Chapter names new president
The Mid-Atlantic Certified Commercial Investment Member (CCIM) Chapter has elected Heather Placer of Richmond-based real estate agency Shaheen, Ruth, Martin & Fonville as its chapter president, the organization announced Friday. There are more than 13,000 members in 50 CCIM chapters globally — each focused on networking an[...]
Liberty University merges schools of communication, arts
Liberty University’s School of Communication and Digital Content and its School of Visual and Performing Arts are merging to create the School of Communication and the Arts, Liberty announced Friday. The newly combined school has more than 2,000 students and offer residential and online programs. Dean Scott Hayes will oversee residential students and Dean Kevin […]
Pamunkey Tribe proposes $350M casino in Richmond
Updated at 4 p.m. Friday The Pamunkey Indian Tribe has proposed a $350 million, 275-room resort hotel and casino in Richmond, the tribe announced Friday as the Virginia House of Delegates considers legislation to allow the Pamunkey to pursue commercial gaming in Norfolk and Richmond. The resort will include a four-diamond hotel [...]
Court upholds Northam’s firearms ban for Capitol rally
Richmond Circuit Court Judge Joi Taylor issued a ruling Thursday upholding Virginia Gov. Ralph Northam’s executive order to temporarily ban firearms from the grounds of the Virginia State Capitol in advance of a Jan. 20 pro-gun rights rally expected to draw tens of thousands of protesters. Northam had issued a state of eme[...]
