Real Estate 2024: WHITSON HUFFMAN

At Capital Square, a fast-growing real estate investment fund sponsor and commercial real estate development company established in 2012, Huffman became co-CEO in 2022. The son-in-law of founder and co-CEO Louis J. Rogers, Huffman joined Capital Square in 2018 and was previously chief strategy and investment officer, leading real estate investment activity and overseeing nearly $6 billion in real estate transactions. Before joining Capital Square, Huffman was an associate with Bethesda, Maryland-based real estate investment trust JBG Smith Properties.

Since its founding, Capital Square has raised more than $3 billion in equity. In recent years, the company has become an active developer of mixed-use multifamily properties across the Southeastern U.S. and also has acquired medical and industrial properties. In 2023, the firm created Capital Square Living, a subsidiary to oversee management of its residential communities nationwide.

In Richmond, Capital Square has focused its efforts in Scott’s Addition, where it has launched an opportunity zone fund — aiming to raise $77 million in equity from accredited investors — to develop a 320-unit, mixed-use apartment community and luxury hotel.