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Real Estate 2023: GEORGE B. CLARKE IV
Clarke graduated from Virginia Tech in 1982 with a bachelor’s degree in civil engineering. That same year, he founded MEB. The company started with a handful of employees as a small federal government contractor serving military installations across the Hampton Roads area. Since then, Clarke has grown it into a 250-plus employee firm that completes […]
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: RYAN T. McLAUGHLIN
One of the largest regional Realtor associations in the United States, the Northern Virginia Association of Realtors represents approximately 13,000 real estate professionals transacting more than $18 billion in sales annually in the Washington, D.C., metro area. McLaughlin became its CEO in 2015, after serving as CEO of Greater Lehigh Valley Realtors in Pennsylvania. A […]
Real Estate 2023: GARY BOWMAN
Bowman was a principal for 15 years at Urban Engineering before founding Bowman Consulting, which started as a five-person company at its inception in 1995. The publicly traded engineering services firm now has about 1,700 employees and 80 offices nationwide, including eight in Virginia. The company moved up 31 spaces to No. 87 this year […]
Real Estate 2023: RONALD J. LAUSTER JR.
Lauster joined W.M. Jordan in 1997 and became its president in 2018. He has managed notable projects such as the Ferguson Center for the Arts at Christopher Newport University and the restoration of the historic Cavalier Hotel in Virginia Beach. An Old Dominion University alumnus, Lauster also graduated Harvard Business School’s Advanced Management Program. In […]
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 [...]
Real Estate 2023: STEPHEN BALLARD
Ballard’s construction career goes back nearly 40 years. He has served as a project manager, superintendent, estimator, carpenter and laborer. Today, he oversees all construction operations and corporate functions for his company, including strategic planning, project management, estimating, business development, corporate communications, safety and quality. Ballard Construction served as ge[...]
Real Estate 2023: T. RICHARD LITTON JR.
Litton is responsible for day-to-day operations at Harbor Group International, a 38-year-old real estate investment and management firm with 1,500 employees and $20 billion in real estate investments throughout the United States and the United Kingdom. One of its most famous properties is the Eero Saarinen-designed CBS Building in midtown New York City, which HGI […]
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 […]
Four Prince William shopping centers sell for $52.8M
A portfolio of four regional shopping centers in Prince William County’s Dale City area has sold for $52.8 million, the joint venture of buyers announced Monday. Located less than 3 miles apart along Dale Boulevard, the 1970s-era shopping centers — Center Plaza, Mapledale Plaza, Forestdale Plaza and Glendale Plaza — total 470,000 square feet on 70 […]
Low inventory, high interest rates strap Va. housing market
Homebuyers in Virginia are continuing to feel the strain of low inventory and high interest rates. The number of active listings on the market is shrinking, and fewer new listings are coming on the market. Despite a brief uptick in inventory at the beginning the year, about 67% of the state’s counties and cities had […]
