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Real Estate 2025: LEON, MILES

As leader of one of the largest development companies in the southeastern United States, Leon is responsible for all company operations and new business development. Founded in 1906, Nusbaum has a portfolio exceeding 30,000 units.

Among other deals, the company is handling Texas convenience store chain Buc-ee’s expansion into the commonwealth, which includes the new Rockingham County location — the first in Virginia — that opened June 30. The chain has plans for at least two more locations in Virginia: one in New Kent County and one in Stafford County.

In March, Nusbaum negotiated LS GreenLink USA’s purchase of 96 acres in Chesapeake, where it is building a $680 million advanced cable manufacturing and port facility.

Leon earned his undergraduate degree from the University of Georgia and his MBA from the University of Miami. He serves on the Old Dominion University Real Estate Foundation and Downtown Norfolk Council boards, among other civic duties.

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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 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 locations. The company reported $8.7 billion in 2024 revenue and ranked No. 10 on Engineering News-Record’s list of the top 400 general contractors this year, a jump of 16 spots from 2024.

Hitt’s recent projects include a $1 billion expansion of Boeing’s facilities in Charleston, South Carolina, for which Hitt is partnering with BE&K Building Group. In January, Hitt broke ground on its new six-story, 270,000-square-foot headquarters in Falls Church, expected to be completed in late 2026.

Roy is also president of Hitt Contracting Foundation, a nonprofit she helped launch focusing on the company’s philanthropic initiatives, and she serves on Virginia Tech’s College of Engineering advisory board.

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Real Estate 2025: LITTON JR., T. RICHARD

Litton oversees the day-to-day operations of the commercial and management company, which currently boasts $20 billion in properties, with diversified property portfolios including office, retail and properties.

Litton also manages Harbor Group International’s transaction group, chairs the firm’s investment and credit committees and is a member of its executive committee.

In June, HGI purchased a portfolio of 3,590 units in 11 garden-style apartment communities in South Carolina, Louisiana, Georgia and Tennessee for $625 million, as well as other purchases in Massachusetts and Texas earlier in the year.

Last year, Harbor Group International’s credit platform reached $5 billion in assets under management. The firm manages a range of real estate debt investments, including whole loans, Freddie Mac structured debt products, preferred equity investments and mezzanine loans.

Litton previously was a corporate law partner at Kaufman & Canoles.

A University of Virginia School of Law graduate, he is a founding director, as well as secretary and treasurer, of the Tidewater Friends of Foster Care board and chair of the Access College Foundation board.

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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 officer and chief operating officer, after working in management roles at Circuit City. As COO and CFO, Lugg was behind Virginia Realtors’ rebranding and website redesign in 2017, and he helped steward the association during the height of the 2009 financial crisis. He received Virginia Business’ Virginia CFO Award for small nonprofits/government agencies in 2019.

Lugg also was a programmer analyst in the Air Force and earned a bachelor’s degree from Troy University and an MBA from the University of Richmond. He serves as a small business mentor for the Richmond chapter of SCORE.

Virginia Realtors sends out monthly home sales reports for the state. This year, sales have been “sluggish,” according to the association’s May report, although sales prices are still rising.

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Real Estate 2025: LOWHAM, MARK C.

Since 2011, Lowham has led the Washington, D.C., office of the luxury company, where he sells 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 the top 100 agents at Sotheby’s International Realty worldwide.

As a listing agent for some of the most expensive homes in the Washington, D.C., area, Lowham represented the seller of The Cliffs, a McLean home that went for $25.5 million to a mystery buyer in October 2024. He also sold his own McLean home in March for $6.15 million, down from the original listing price of $7.95 million.

Lowham holds an MBA and a bachelor’s degree in economics from Stanford University. He also serves on the Teach for America D.C. and Virginia Advisory Board.

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Real Estate 2025: SCHOPPMANN, KYLE M.

With more than 20 years of experience in 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 giant’s mid-Atlantic division.

She also is part of CBRE’s global Executive Inclusion Council, a senior leadership team committed to the company’s diversity, equity and inclusion strategy, and is a founding member of the Washington chapter of Chief, a private professional network for women executives. In 2023, she was featured in Washingtonian magazine’s list of the D.C. region’s most powerful women.

Schoppmann received her bachelor’s in at Duke University and her MBA in finance from the University of Michigan’s Stephen M. Ross School of Business.

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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 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 that the move gives his company the opportunity to grow even faster.

ACI announced in February plans to build a $25 million fabrication plant next to the company’s Chesterfield headquarters. ACI has been part of major projects for Microsoft, Virginia Commonwealth University and VCU Health, as well as the restoration of Richmond’s Altria Theater.

A mechanical engineering graduate from Virginia Tech, Shriver also earned an MBA at James Madison University. Before joining ACI in 2013 as a project management director, he was a senior project manager at H.T. Lyons, Riddleberger Brothers and Comfort Systems USA.

Outside of work, Shriver is a board member of Communities in Schools of Chesterfield and serves as its community partnerships chair.

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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 concerts, and its long- awaited Wavegarden Cove surf facility, Atlantic Park Surf, was filled with water in June. The project is expected to include 100,000 square feet of restaurants and retail, 10,000 square feet of office space, 20 surf bungalows and 300 apartments.

MacMillan-Whitaker founded Services, which merged with Ellis-Gibson Development Group in 2016 to form Venture Realty. She has worked in the commercial retail industry since 1985, representing national retailers in the mid-Atlantic region, and was one of the organizers of Williams’ initial Something in the Water music festival held in 2019 in Virginia Beach.

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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 and development company, and houses several affiliates — including First Heritage Mortgage, First Excel Title, Stanley-Martin Custom Homes and Stanley Martin Renovations, which employ more than 1,000 people and generate more than $2 billion in annual revenue.

Founded in 1966, Stanley Martin is one of the Washington, D.C., area’s largest homebuilding companies and has constructed more than 20,000 homes in 17 metropolitan areas in seven states.

In addition to leading Stanley Martin, Alloy is co-founder of Duball, a Maryland-based real estate development company he started in 2004.

A graduate of the University of Pennsylvania and its Wharton School, Alloy has been involved with HomeAid America’s Washington-area chapter and Northern Virginia Family Services, and is a former president of the Northern Virginia Building Industry Association.

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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 eight years in a row to the Inc. 5000 list of the nation’s fastest- growing privately held companies and has 6,200 employees and 78 offices in North America.

The company provides residential foundation and water management solutions, including foundation repair, basement waterproofing, crawl space repair and encapsulation, plumbing, gutter installation and concrete lifting services, and soil stabilizing solutions for residential and commercial projects.

Malone also is the managing partner of private equity firm Succession Capital Partners, which he founded in 2009. A Rotary International Ambassadorial scholar, he has a master’s degree from the Adam Smith Business School at Scotland’s University of Glasgow and a bachelor’s from Hampden-Sydney College.

In 2023, he received an Ernst & Young Entrepreneur of the Year Mid-Atlantic Award.

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