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Recent Articles from Virginia Business
Real Estate 2025: ROY, KIM
In 2017, Roy became the first nonfamily member to lead the then-80-year-old Hitt company. Interested in building from a young age, she graduated from Virginia Tech with a bachelor’s degree in construction and joined Hitt in 1999 as an assistant project manager. Founded in 1937, Hitt has more than 2,000 employees across 14 U.S. office […]
Real Estate 2025: LITTON JR., T. RICHARD
Litton oversees the day-to-day operations of the commercial real estate and management company, which currently boasts $20 billion in real estate investment properties, with diversified property portfolios including office, retail and multifamily properties. Litton also manages Harbor Group International’s transaction group, chairs the firm’s investment and credit committees and is a m[...]
Real Estate 2025: LUGG, RICK
In January, Lugg became Virginia Realtors’ new head, succeeding Terrie Suit, who retired last fall. Martin Johnson, the organization’s chief external affairs officer, served as interim CEO. Virginia Realtors represents nearly 35,000 Realtors and is billed as the state’s largest trade association. Lugg joined the organization in 2009 and was most recently its chief financial [&hel[...]
Real Estate 2025: LOWHAM, MARK C.
Since 2011, Lowham has led the Washington, D.C., office of the luxury real estate company, where he sells residential real estate to the rich and famous. In 2025, he was once again named to T3 Sixty’s Swanepoel Power 200 list, a ranking of the country’s top leaders in residential real estate. He is ranked among […]
Real Estate 2025: SCHOPPMANN, KYLE M.
With more than 20 years of experience in commercial real estate sales strategy, training and professional development, Schoppmann leads six offices in Virginia, Maryland and Washington, D.C. She joined CBRE in 2007 as managing director of brokerage services in New York City, and in 2020, she was promoted to the real estate giant’s mid-Atlantic division. […]
Real Estate 2025: SHRIVER, EVAN
Shriver became Atlantic Constructors’ CEO in 2020, taking over from its founding chief executive, Art Hungerford. Previously, Shriver was executive vice president of construction operations at the industrial and commercial contractor. In April, ACI was acquired by Texas-based TriplePoint MEP, a major mechanical services provider. In a July article in The CEO Magazine, Shriver noted […[...]
Real Estate 2025: MacMILLAN-WHITAKER, DONNA
As the development partner to Virginia Beach-raised music and fashion superstar Pharrell Williams, MacMillan-Whitaker has been in the news most recently for the $350 million Atlantic Park project near the Oceanfront, the largest public- private partnership in Virginia Beach’s history. The Dome, Atlantic Park’s 3,500-seat concert venue, opened in May with a full slate of […]
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 […]
