State wins Lee monument suit; removal of statue is delayed
Updated Oct. 29: Five plaintiffs seeking to keep the monument in place have filed a notice of appeal with the Richmond Circuit Court, according to the attorney general’s office, which provided the document. The notice was signed by Helen Marie Taylor, Evan Morgan Massey, Janet Heltzel, George D. Hostetler and John-Lawrenc[...]
Breaking barriers
Small Nonprofit | David Silver, CFO Medical College of Virginia Foundation, Richmond David Silver fell into the nonprofit world by chance. After graduating as a Russian history major from the University of Maryland in the midst of the early 1990s recession, Silver worked for several years at hotels and restaurants, where he woun[...]
New physical rehab hospital uses innovative tech
Michael Lowery pushed off gingerly at first and then gained confidence as he walked upright with the assistance of Andago, a mobile robot in the rehab gym of Central Virginia’s newest hospital. Strapped into the machine by a harness, Lowery, a 38-year-old Martinsville native suffering from paralysis, made his way around the tr[...]
Building a stronger club
Large Nonprofit | Julie Brown, CFO Farmington Country Club, Charlottesville Julie Brown uses her construction industry experience to inform investments in capital projects at Farmington Country Club in Charlottesville. Before her time at the club, Brown served for five years as controller and CFO of Charlottesville-based constru[...]
ACLU-Virginia’s Gastañaga announces retirement
Claire Gastañaga, executive director of the American Civil Liberties Union of Virginia, announced her retirement Monday. She will remain in her position until March 31 or as soon as a successor is found, the organization said in a news release. Hired in 2012, Gastañaga has overseen major growth of the organization, which incre[...]
Chesterfield County retail property sells for $1M
A multi-tenant retail property in Chesterfield County sold for $1 million, Cushman & Wakefield | Thalhimer announced last week. Located at 10801 Midlothian Turnpike, the 9,735-square-foot property was 100% leased at the time of the sale to Howes Car Stereo, SMG Imports and My Elite Physique, said Cushman & Wakefield | Thalhimer Senior Vice President […]
Home sales continue to surge in September
Virginia continues to see home sales surge, with a 35% increase during September, according to Virginia Realtors. Sales were up by a staggering 80% in Eastern Virginia when compared to last year. Northern Virginia saw a 37% increase, and Central Virginia saw a 24% jump. Although home sales historically slow following the summer season, the […]
U.Va. launches Sands Institute for Lifelong Learning
Using its largest-ever gift — a $68 million donation last year from Frank M. Sands Sr., founder of Sands Investment Group Inc. — the University of Virginia’s Darden School of Business announced Friday it has launched the Marjorie R. and Frank M. Sands Sr. Institute for Lifelong Learning. The Sands Institute for Lifelon[...]
U.Va. researcher: COVID-19 drug appears to not work well for diabetics
A University of Virginia physicist researching a drug that can save severely ill COVID-19 patients’ lives has discovered that it may not work well on diabetics, the U.Va. Health System announced this week. As a result, physicians may need to change the drug regimen for some of their sickest patients. Dexamethasone, a corti[...]
Lara Fritts resigns from Greater Richmond Partnership
Lara Fritts has resigned as president and CEO of the Greater Richmond Partnership, according to an email sent to the public-private economic development organization’s investors this week. Her resignation is effective as of Nov. 30, and she will be serving actively in the role until that time, according to a spokesperson. [...]
CarLotz plans to go public on Nasdaq
Chesterfield County-based CarLotz Inc., a consignment dealer of used cars, announced Thursday it plans to go public and expand nationwide. CarLotz, which is valued at $827 million, will combine with Miami-based Acamar Partners Acquisition Corp., a publicly traded special purpose acquisition company, to make it a public company[...]
VCU received record $335M in research funding for 2020
Virginia Commonwealth University received a record $335 million in sponsored funding for research during fiscal year 2020 — an 8% increase from 2019, the university announced Wednesday. “VCU’s ongoing commitment to its faculty, interdisciplinary research and investment in research infrastructure have translated into these record levels — which have grown by a third — over […]