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Virginia housing sales remained flat in August but prices rose
Virginia Realtors reports that the state's housing market sales remain essentially unchanged from last year’s August numbers.
Stanley Martin Homes to acquire North Carolina homebuilder
Reston homebuilder Stanley Martin Homes has entered into an agreement to acquire North Carolina-based Windsor Homes’ assets and operations.
Aug. housing inventory, prices rise across Virginia regions
Housing inventory and sold prices rose last month in Northern Virginia, Hampton Roads and Central Virginia, but home sales declined in Hampton Roads.
Real Estate 2025: HELMIG, TIMOTHY
After joining Monday Properties in 2005, Helmig has led the company to capital investments of more than $16 billion, expanded its multifamily portfolio to 6,500 units, and executed transactions totaling more than 36 million square feet. Monday Properties has expanded its footprint into high-growth markets along the East Coast, from the greater New York City […]
Real Estate 2025: SCHALL, BENJAMIN
Before becoming CEO in 2022, Schall joined AvalonBay as president in 2021. He also sits on the publicly traded real estate investment trust’s board of directors. AvalonBay acquires, develops and manages multifamily communities around the country, primarily focusing on metropolitan areas in New England, the mid-Atlantic, the Pacific Northwest and California. The company reported over [&hellip[...]
Real Estate 2025: LAUSTER, RONALD
President since 2018, Lauster manages a wide array of projects at the firm with $725 million in fiscal 2024 revenue. W.M. Jordan took on the second phase of the Norfolk-based Nauticus renovation and expansion, and Old Dominion University’s $184 million biological sciences building, the university’s largest academic building now under construction, for which the company […]
Real Estate 2025: LEON, MILES
As leader of one of the largest real estate development companies in the southeastern United States, Leon is responsible for all company operations and new business development. Founded in 1906, Nusbaum has a property management portfolio exceeding 30,000 multifamily units. Among other deals, the company is handling Texas convenience store chain Buc-ee’s expansion into the […]
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. […]
