Robinson Dairy property sells in central Denver, but don’t worry, the sign will stay up
If you’ve driven Sixth Avenue west out of downtown Denver, you’ve probably seen the Robinson Dairy sign north of the highway, its six white prongs jutting upward above the defunct brand’s white-and-blue logo.
Now, five years after Robinson folded and shuttered its operations there, the dairy has been sold. Unlike many centrally located commercial properties that have changed hands in Denver in recent years, however, there are no major changes planned for the property — or its sign — in the near future.
Central Development this week announced it bought the dairy, which sits northwest of the Sixth Avenue-Interstate 25 junction, and neighboring office and warehouse buildings for $10.3 million. The 6.63-acre property has 97,987 square feet of building space.
The property is zoned for light industrial use, and Central Development executives say that’s what it will be, for now. The company will rename the area the Robinson Marketplace.
“We liked it because of its location. It has great a..
HUD Secretary proposes raising rent for low-income Americans receiving federal housing subsidies
WASHINGTON – Housing and Urban Development Secretary Ben Carson proposed far-reaching changes to federal housing subsidies Wednesday, tripling rent for the poorest households and making it easier for housing authorities to impose work requirements.
Carson’s proposals, and other initiatives aimed at low-income Americans receiving federal assistance, amount to a comprehensive effort by the Trump administration and Republicans in Congress to restrict access to the safety net and reduce the levels of assistance for those who do qualify.
The ambitious effort to shrink federal assistance has been dubbed “Welfare Reform 2.0,” after Bill Clinton’s overhaul of the welfare system in 1996. The proposals – affecting housing, food stamps and Medicaid – would require congressional approval.
Trump earlier this month signed an executive order directing federal agencies to expand work requirements for low-income Americans receiving Medicaid, food stamps, public housing benefits and welfare. The agen..
Where Tampa leads and lags for Hispanic entrepreneurs
Tampa is in a six-way tie for the top spot on a list measuring Hispanic entrepreneurship rates.
Half a dozen cities — Tampa, Miami and Fort Lauderdale; Charleston, West Virginia; Burlington, Vermont; and South Burlington, Vermont — have the highest number of Hispanic-owned firms, adjusted for the Hispanic population, according to WalletHub.
Tampa’s entrepreneurship rate is 1.59 percent, WalletHub said.
Hispanic entrepreneurship rates was one of several measures in the survey by WalletHub,…
THE LIST: Charlotte firms dominate ranking of N.C.’s largest venture capital firms
This week’s Charlotte Business Journal lists N.C.’s largest venture capital and private equity firms, ranked by funds under management. Charlotte-based Ridgemont Equity Partners tops The List with $2.7 billion of regulatory assets under management. Late last year, Ridgemont closed on a $320 million fund for investments in middle-market energy companies, largely oil-and-gas-related businesses in the western United States.
Charlotte’s Pamlico Capital is No. 2 on The List with $2.5 billion under…
The feds are investigating Wells Fargo again, this time for retirement account rollovers from 401(k)s to bank IRAs
Wells Fargo & Co. is reportedly facing another investigation, adding to the list of activities to fall under the scrutiny of federal authorities in the past two years.
This time, the Labor Department is examining the San Francisco-based bank over its handling of retirement accounts, according to a Thursday report from The Wall Street Journal.
Just last week, regulators slapped Wells Fargo with a $1 billion fine over what authorities said was its mistreatment of consumers in its auto lending and…
Cozen O’Connor adds 14-lawyer litigation team in Philadelphia from Drinker Biddle
The newcomers, who have niche practices representing the financial services and software industries, are the latest additions that have caused the fast-growing law firm to run out of space at its One Liberty Place headquarters.
Another Wells Fargo investigation: Feds probe 401(k) practices
Wells Fargo & Co. is reportedly facing another investigation, adding to the list of activities to fall under the scrutiny of federal authorities in the past few years. This time, the Department of Labor is examining the San Francisco-based bank over its handling of individual retirement accounts, according to a Thursday report from The Wall Street Journal.
Regulators recently slapped Wells Fargo with a massive fine of $1 billion over what authorities said was its mistreatment of consumers in its…
Gaylon Lawrence Jr. suspends application to buy more of CapStar
After months of delays, Gaylon Lawrence Jr. won't be building his stake in Nashville-based CapStar Financial Holdings Inc. anytime soon.
Massive investment adviser hopes to expand to Dallas-Fort Worth after Houston acquisition
By buying a piece of an existing investment adviser, HighTower is establishing a base of operations in the Lone Star State. More offices could be in the works.
Report: Feds look at Wells Fargo again, this time for 401(k) practices
Wells Fargo & Co. reportedly faces another investigation, adding to the list of activities to fall under the scrutiny of federal authorities in the past few years.
This time, the Department of Labor is examining the San Francisco-based bank over its handling of individual retirement accounts, The Wall Street Journal reports.
Regulators recently slapped Wells Fargo with a massive $1 billion fine for what authorities said was its mistreatment of consumers in its auto lending and residential mortgage…