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News/Press Releases

Monday, March 20, 2017 | Virginia Beach, VA
"Every CFO Should be as Smart, Loyal and Instinctive as Valerie Wilkinson" says Andrea Kilmer.
Monday, March 20, 2017 | Virginia Beach, VA
A major step came on March 15 when Mayor Will Sessoms announced to 1,300 people at the Hampton Roads Chamber’s annual State of the City event that City Council had approved a loan commitment letter for the Arena project.
Wednesday, March 15, 2017 | Virginia Beach, VA
The quest to bring an 18,000 seat capacity entertainment and sports arena to Hampton Roads has passed a major milestone. Mayor Will Sessoms announced the City's approval of the arena financing plan during the annual State of the City address.
Tuesday, March 7, 2017 | Virginia Beach, VA
United States Management hand-delivered to Virginia Beach city officials a comprehensive and detailed loan commitment for financing the Virginia Beach Arena. Further details will be released after review by the City.
Friday, January 27, 2017 | Clewiston, FL
Garcia Farms achieves 100% score on its first major food safety audit for its growing operation of 22 acres of hard squash, allowing the produce to be sold in major retail chains across the South East United States.
Wednesday, January 4, 2017 | Virginia Beach, VA
On Tuesday, January 3, Virginia Beach City Council members voted 8-3 in favor of a 60-day extension for USM to submit to the City a loan commitment for the Arena project.
Friday, December 30, 2016 | Virginia Beach, VA
USM has submitted a request to the City of Virginia Beach for a 60-day extension to finalize the loan commitment only for the Arena project. Other than extending this interim date, USM is not requesting any other changes to the original terms of the December 2015 agreement.
Tuesday, December 13, 2016 | Norfolk, VA
ESG President and CEO, Andrea Kilmer, was recognized as an honoree at the Women in Business Achievement Awards.
Friday, December 9, 2016 | Virginia Beach, VA
The underlying deal for the Virginia Beach Arena is very much alive and still subject to the December 2015 agreement which received a 10-1 vote in favor of the project. Response from the public and business community remains overwhelmingly in support. It remains USM’s goal to provide a world class, privately funded arena for the entire region to enjoy.
Wednesday, November 23, 2016 | Norfolk, Virginia
Members of the Virginia Beach Arena team attended another Old Dominion University Sport Management Graduate class to present an update on the project. USM's CFO, Valerie Wilkinson, and her colleagues delivered a well-made focus on the financial details surrounding a facility development project of this scale.