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multifamily

Aug 30, 2023

Real Estate 2023: STEVE LAWSON

A third-generation builder and developer, Lawson served as president of the 190-person multifamily real estate development, construction and management firm for 17 years, until he was named chairman in 2016. For more than two decades, Lawson has promoted equitable and affordable housing policies through leadership positions with the National Association of Home Builders. He has […]

Aug 30, 2023

Real Estate 2023: CHRIS WILLIAMS

A 25-year Dollar Tree veteran, Williams serves as senior vice president for the Fortune 500 discount retailer’s real estate portfolio, a position in which he leads Summit Pointe Realty, the entity developing Summit Pointe. A downtown Chesapeake district being built around Dollar Tree’s 12-story corporate headquarters, Summit Pointe includes three apartment communities, restaurants, off[...]

Aug 30, 2023

Real Estate 2023: ALLISON WEINSTEIN

Weinstein leads a multifamily real estate development and management company founded by her father, Marcus Weinstein, in 1952. She joined the company in 1994 with her husband, Ivan Jecklin, who serves as co-president. Before that, Weinstein lived in Chicago, where she worked in the recruiting and personnel department for a large Chicago-based law firm. She […]

Aug 30, 2023

Real Estate 2023: CARL L. HARDEE

Lawson’s president and CEO since 2016, Hardee has been with the company for more than half of its 51 years. He oversees a 190-employee real estate development, construction and management company. In June, Lawson held a grand opening for Market Heights, a 164-unit apartment community in Norfolk, and the company is near completion of 80 […]

Aug 30, 2023

Real Estate 2023: TIMOTHY A. FAULKNER

Named CEO of Breeden in January 2022, Faulkner oversees a real estate development and property management company founded more than 60 years ago by Chairman Ramon W. Breeden Jr. Faulkner previously served as chief operating officer and president of property management for Breeden, which has about 425 employees in Virginia. This year, the company’s Breeden […]

Aug 30, 2023

Real Estate 2023: MILES LEON

As S.L. Nusbaum’s chief executive, Leon holds significant responsibilities for overseeing all company operations and driving new business development for the 117-year-old Nusbaum, which manages more than 30,000 apartment units throughout the mid-Atlantic and Southeast United States. Leon co-founded First Commercial Real Estate Services, which was purchased in the early 1990s by Nusbaum, and [...]

Aug 30, 2023

2023 Virginia 500: Real Estate

Patrick Bain PRESIDENT AND CEO, THE LONG & FOSTER COS., CHANTILLY     Stephen Ballard PRESIDENT AND CEO, S.B. BALLARD CONSTRUCTION, VIRGINIA BEACH     Brendan Bechtel CHAIRMAN AND CEO, BECHTEL CORP., RESTON     Brian F. Bortell PRESIDENT, CHAIRMAN AND CEO, TIMMONS GROUP, CHESTERFIELD COUNTY     Gary Bowman FOUNDER, CEO AND CHAIRMAN, BOWMAN […]

Aug 30, 2023

Real Estate 2023: BENJAMIN SCHALL

Before becoming CEO in 2022, Schall was AvalonBay’s president, joining the company just the year before. Previously, Schall was CEO of Seritage Growth Properties and chief operating officer of Rouse Properties. At Rouse, he oversaw the redevelopment and operations of a $2.5 billion portfolio of 35 regional malls across the country, totaling 25 million square […]

Aug 18, 2023

The Breeden Co. adds new multifamily regional director

The Breeden Co. has named Sydney Balmer to its multifamily property management’s regional director team. The Virginia Beach-based real estate developer announced Balmer’s hire Aug. 8. She will oversee a portfolio of multifamily assets in the South Hampton Roads market. “Sydney brings her passion for problem solving and elevated resident experiences to the multifamily operations [&hel[...]

Rendering of The Ace Apartments in Richmond's Scott's Addition neighborhood. Image courtesy Cresset Partners.
Aug 7, 2023

$98M Richmond apartment building to break ground in Q3

A $98 million luxury apartment building, The Ace Apartments, will be the newest addition to Richmond’s Scott’s Addition neighborhood. The 1.7-acre project will have 295 luxury studio, one- and two-bedroom apartments that will average 753 square feet per unit, and 85% of the units will have balconies. The development‘s plans also call for a 7,500-square-foot […]

Jul 27, 2023

$77.8M apartments break ground outside C-ville

Charlottesville-based GW Real Estate Partners, a vertically integrated multifamily construction and development firm, and Austin, Texas-based Virtus Real Estate Capital, have broken ground on a new, $77.8 million apartment community at the entrance to North Pointe, a 224-acre mixed-use community near Rivanna Station in Albemarle County. The Ridge at North Pointe is located across from […]

Jun 26, 2023

Breeden finishes projects in Albemarle, Chester, Petersburg

The Breeden Co. has completed construction on an 10-building apartment community in Albemarle County and has broken ground on a Virginia Beach apartment complex, and its subsidiary, Breeden Construction, has finished apartment communities in Chester and Petersburg. Completed in June, Berkmar Landing apartments in Albemarle has 261 units: 53 one-bedroom units, 172 two-bedroom apartments and [&helli[...]

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