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Va. casinos report $51.2M in November revenue
Gaming revenues from Virginia’s three casinos totaled $51.2 million in November, according to Virginia Lottery data released Friday. Virginia’s first casino, the Bristol Casino: Future Home of Hard Rock temporary facility, opened July 2022. The Virginia Lottery Board approved HR Bristol’s casino license in April 2022. The [...]
McGuireWoods names RVA, Norfolk managing partners
McGuireWoods, Virginia’s oldest and largest law firm, has appointed new managing partners in Richmond and Norfolk, the firm announced Friday. Janet Peyton will lead the Richmond office, and Michael Herring, the current Richmond office managing partner, will become chair of the firm’s commercial litigation department [...]
Hampton Roads home sales down in November
Home sales in Hampton Roads were down in November, both compared with October and November 2022, the Real Estate Information Network (REIN) reported in December. A total of 1,690 settled sales were down 10.77% from October and 12.12% from November 2022, according to REIN. Pending sales were also down 7.69% compared with October [...]
Bon Secours tops off new Suffolk hospital
Bon Secours held a topping-out ceremony Thursday for its $80 million, 98,000-square-foot hospital, Harbour View Medical Center, in Suffolk, expected to be completed in 2025. The surgically focused hospital will have 18 medical/surgical beds and four operating rooms and serve as an extension of the services offered on the campus,[...]
Riddle Associates names new president
Riddle Associates, a Chesapeake-based commercial industrial real estate brokerage, promoted Lindsey Riddle Elliott to president and principal broker in November, the brokerage announced Wednesday. Elliott formerly served as executive vice president and has been with Riddle for 15 years. She replaces her father, Robert L. Riddle,[...]
Va.’s maritime industry has $8B economic impact, report says
Virginia’s non-military maritime industry was responsible for one in five jobs in Virginia and more than $8 billion in state and local taxes during fiscal 2022, according to a recent study conducted by William & Mary. The Virginia Maritime Association and the Virginia Port Authority commissioned the study to demonstrat[...]
Va. Beach Vision exec director to retire
Martha McClees, executive director of business advocacy group Virginia Beach Vision, plans to retire next year after 16 years, the organization’s board announced Tuesday. McClees, who joined VBV in 2008, said in a Nov. 30 letter to the board that she would retire May 31, 2024. The board, led by Virginia Wesleyan University[...]
Sentara takes sole ownership of Velocity Urgent Care
Sentara Health is now the sole owner of Velocity Urgent Care, the Norfolk-based health system announced Monday. In 2017, Sentara partnered with Velocity and transferred the operations of seven Sentara Urgent Care facilities to its joint venture with Velocity and a third party. Now Sentara, which declined to name the third party,[...]
A British invasion at Norfolk’s Chrysler Museum
This week, Beatles legend Sir Paul McCartney’s photography exhibit makes the second stop on its global magical mystery tour, with the show’s U.S. debut at the Chrysler Museum of Art in Norfolk. Museum officials say attendance is expected to be higher than any previous exhibit at the 90-year-old Chrysler, with inquiri[...]
Hampton Roads hotel revenues outpace Va., country
Hotel revenues in Hampton Roads outpaced Virginia and the nation through October, according to a report from Old Dominion University’s Dragas Center for Economic Analysis and Policy, citing data from STR, a division of CoStar Group that provides market data on the U.S. hospitality industry. Through October, hotel revenues we[...]
Hampton Roads real estate firm promotes facilities director
Berkshire Hathaway HomeServices RW Towne Realty has promoted Jimmy Gillerlain to director of facilities, the Chesapeake-based real estate firm announced Tuesday. Gillerlain will lead the operations team and oversee facilities management for all company-owned and managed assets. He was with Rose & Womble Realty for 17 years [...]
Harvey Lindsay acquires condo management portfolio
Harvey Lindsay Commercial Real Estate acquired a management portfolio of 50 buildings in the Hampton Roads region, the Norfolk-based real estate firm announced Tuesday. A Harvey Lindsay representative said the financial terms of the acquisition from Norfolk-based leasing and property management company Cavalier Land were confide[...]
