Michael Schwartz

Jan 10, 2025 | vpm.org | Benjamin Dolle |Michael Schwartz |Mike Platania

BizSense Beat is a weekly collaboration between VPM News and Richmond BizSense that brings you the top business stories during NPR's Morning Edition on Fridays.

Aug 30, 2024 | vpm.org | Jack Jacobs |Mike Platania |Michael Schwartz |Jonathan Spiers

BizSense Beat is a weekly collaboration between VPM News and Richmond BizSense that brings you the top business stories during NPR's Morning Edition on Fridays. Here’s a recap of the top stories for the week of August 30, 2024:Chesterfield brewery Steam Bell Beer Works closes after decade in business Reported by Richmond Bizsense’s Jack Jacobs A nearly decade-old Chesterfield brewery has poured its last beer. Steam Bell Beer Works planned to close Sunday, it announced last week.

Jul 28, 2023 | vpm.org | Michael Schwartz |Jonathan Spiers |Charlotte Matherly

BizSense Beat is a weekly collaboration between VPM News and Richmond BizSense that brings you the top business stories during NPR's Morning Edition on Fridays. Here’s a recap of the top stories for the week of July 28, 2023:Deal for Danville bank marks Atlantic Union’s first acquisition since 2019Reported by Richmond BizSense’s Michael SchwartzWith its first acquisition in four years, Richmond’s biggest bank is buying its way into new territory.

Apr 26, 2023 | s31832.pcdn.co | Michael Schwartz

0 As it fends off public criticism from some vocal shareholders, a local publicly traded real estate firm is employing a new tactic to get its share price out of the doldrums. Medalist Diversified REIT announced last week its plans to conduct a one-for-eight reverse stock split, which would convert every eight of the company’s shares into one share, thereby boosting the value of each share.

Apr 3, 2023 | s31832.pcdn.co | Michael Schwartz

As its share price lingers in penny-stock territory, some shareholders of a publicly traded Richmond-based real estate investment trust are fed up and pushing for change, including calling for the firm’s top management to be ousted. Medalist Diversified REIT, which went public on Nasdaq in 2018 and owns eight properties across Virginia, North Carolina and South Carolina, has seen its stock price steadily plummet ever since.