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Recent Articles from Virginia Business
Real Estate 2025: ALLOY, STEVEN B.
The son of Stanley Martin co-founder Martin Alloy, Steve Alloy has been with the Fairfax County homebuilder since 1991, becoming president in 1998. In 2017, the company was sold for $251 million to Daiwa House Group, Japan’s largest real estate and development company, and houses several affiliates — including First Heritage Mortgage, First Excel Title, […]
Real Estate 2025: MALONE, MATT
After making 12 acquisitions in 2024 and expanding into Canada and the West Coast, Groundworks named a new president, chief technology officer and chief operating officer this year. In March, Malone noted that 2024 was “transformational for Groundworks,” a water management and foundation solutions company. Founded in 2016, the Virginia Beach company has been named […]
Real Estate 2025: SWAAK, DERRICK
A licensed broker in Virginia, Maryland and Washington, D.C., Swaak is co-chief operating officer, partner and managing broker for TTR Sotheby’s International Realty, which he joined in 2007 as a partner. The firm has handled some of the most expensive residential sales in the Washington, D.C., area, including the Fairfax County home purchased by the […]
Real Estate 2025: BECHTEL, BRENDAN
Serving as CEO since 2016 and chairman since 2017, Bechtel is the fifth generation to lead his family-owned global engineering, construction and project management company. Ranked the nation’s second largest construction company by Engineering News-Record in 2025, Bechtel Corp. has completed more than 25, 000 projects in 160 countries since its 1898 founding. The firm’s […]
Real Estate 2025: STONE JR., DONALD E.
Bringing more than 25 years of engineering and architecture industry experience, including 10 years of corporate operational leadership, Stone joined Dewberry in 2008 as the company’s chief operating officer. In 2010, he became CEO. Stone came to Dewberry from O’Brien & Gere, where he held several corporate leadership positions. Dewberry has more than 2,500 employees […]
Real Estate 2025: McLAUGHLIN, RYAN T.
Head of one of the country’s largest regional Realtor associations, McLaughlin came to NVAR in 2015 after serving the Greater Lehigh Valley Realtors in Pennsylvania for more than a decade. In January, McLaughlin was named to T3 Sixty’s 11th annual Swanepoel Power 200 rankings of the nation’s top real estate executives for the second consecutive […]
Real Estate 2025: TIBBETTS, SHAWN
On Jan. 1, Tibbetts became Armada Hoffler’s CEO, succeeding Louis Haddad, who’s now executive chairman. In 2024, Tibbetts became the clear successor at the real estate investment trust when he was promoted to president in addition to his previous position of chief operating officer. Before joining the company in 2019, Tibbetts was the Port of […]
Real Estate 2025: BORTELL, BRIAN F.
Since starting with the company as an entry-level engineer and working his way up to his current role, Bortell has had a career with Timmons Group that’s spanned three decades. As chairman and CEO, he sets the strategic direction for the approximately 1,160-person firm and oversees its four operating divisions. Timmons’s fiscal 2024 revenue totaled […]
Real Estate 2025: THOMAS, JAMES ‘JAMIE’
With more than 25 years of experience directing commercial real estate operations, Thomas is executive managing director and market leader for Colliers Virginia. At Colliers Virginia, he oversees all brokerage operations, recruitment, retention and business development in Richmond, Hampton Roads and Charlottesville, including about 60 brokers. Thomas joined Colliers from Henrico County’s Com[...]
Real Estate 2025: BALLARD, STEPHEN B.
Working from home, Ballard and his sister, Brenda, founded S.B. Ballard Construction by completing small projects for the Norfolk Redevelopment and Housing Authority and minor renovations for their neighbors. Over the course of the past 40 years, Ballard has served as a project manager, superintendent, estimator, carpenter and laborer. As CEO of S.B. Ballard Construction, […]
