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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 […]
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 […]
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 […]
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 [...]
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 […]
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 […]
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[...]
$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 […]
$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 […]
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[...]
Riverdale project could be ‘transformative’
Partnering with the city of Roanoke, developer Ed Walker started redevelopment of 100 acres encompassing the sprawling, former campus of American Viscose, a rayon plant that closed in 1958. “This is a chance we have as a community to really do something transformative,” Roanoke Economic Development Director Marc Nelson says. Located in the city’s southeast […]
Roanoke apartment complex sells for $1.1M
The Eastgate Apartments in Roanoke have been sold for $1.1 million, Cushman & Wakefield | Thalhimer announced Monday. Restoration Turnkey Investments LLC acquired the community on March 28 from Rafan LLC. The buyer is planning extensive interior and exterior renovations. The complex, built in 1977, has 14 townhouse-style apartments and is three miles from downtown […]
