Please ensure Javascript is enabled for purposes of website accessibility

Real Estate 2025: MOLIVADAS, CHRIS

Molivadas has been in for more than 30 years. He previously was senior vice president at Spaulding & Slye Colliers, which was acquired by JLL in 2005, and he became JLL’s mid-Atlantic market director in 2018. Before that, he was a project manager for Clark and a project director for Quadrangle Development.

JLL, a global commercial and investment management company, reported $23.4 billion in 2024 revenue. Molivadas oversees approximately 1,500 employees in the greater Washington, D.C., region, and he was named the head of diversity, equity and inclusion initiatives for JLL’s eastern region.

Molivadas was instrumental in JLL’s project management of the construction of the Children’s Hospital of Richmond at VCU, and the sale of a 534-unit housing building in Arlington County near Amazon. com’s HQ2. He has bachelor’s and master’s degrees from Southern Methodist University and is on the Greater Washington Board of Trade board of directors.

Return to the full list of this category’s recipients.

Real Estate 2025: HUFFMAN, WHITSON

At Capital Square, a investment fund sponsor and development company established in 2012, Huffman became co-CEO in 2022. The son-in-law of founder and co-CEO Louis J. Rogers, Huffman joined Capital Square in 2018 and was previously chief strategy and investment officer, leading investment activity and overseeing more than $6 billion in real estate transactions. Before joining Capital Square, Huffman was an associate with Maryland-based trust JBG Smith Properties.

Since its founding, Capital Square has raised more than $3 billion in equity. In recent years, the company with nearly 390 employees has become an active developer of mixed-use properties across the Southeast and acquired medical and industrial properties. In 2023, Huffman launched Capital Square Living, a subsidiary to oversee management of its residential communities.

In 2024, Capital Square landed on the Inc. 5000 list of the United States’ fastest-growing private companies for the eighth straight year.

In Richmond, Capital Square has focused its efforts in Scott’s Addition, where it has six multifamily properties that are expected to top out with 1,220 residential units.

Huffman is the vice chair/chair-elect for The Maymont Foundation.

Return to the full list of this category’s recipients.

Real Estate 2025: CULPEPPER, MICHAEL A.

As Venture Realty Group’s in-house attorney and managing partner, Culpepper coordinates deals, land-use entitlement and predevelopment services.

Previously, he was an associate with law firm Williams Mullen’s and land use team and a principal with Fee Simple Legal, focusing on real estate transactions.

At Venture Realty, Culpepper works closely with Virginia Beach native and music and fashion superstar Pharrell Williams, collaborating with him and the City of Virginia Beach on the $350 million Atlantic Park surf park and entertainment venue. In May, The Dome concert venue, which has capacity for 3,500 people, held its grand opening, and in June, Atlantic Park Surf — a Wavegarden Cove surf facility — was filled with water, just before opening in July.

Culpepper earned his bachelor’s degree from William & Mary and a law degree from the University of Richmond School of Law as a John Marshall Scholar. Since its founding in 2016, Venture Realty Group has developed 6 million square feet of projects worth more than $600 million throughout Hampton Roads while providing development, leasing, brokerage, , asset management, consulting and tenant representation services.

Return to the full list of this category’s recipients.

Real Estate 2025: HOURIGAN SR., MARK J.

Hourigan founded and development company Hourigan Group in 1993 after stints with Westinghouse and Galloway. The company has more than 200 employees, all based in Virginia.

Notable Hourigan Group projects in the works include the $18 million CoStar Center for Arts and Innovation at Virginia Commonwealth University, which will span seven stories and encompass 209,000 square feet in Richmond. Meanwhile, Hourigan and Gray are general contractors for Lego Group’s $1 billion plant in Chesterfield County, which is expected to open in 2027. In May, another Hourigan project, the $80 million, 95,000-square-foot addition to Bon Secours Harbour View Hospital, opened in Suffolk.

Mark Hourigan earned his bachelor’s degree at Gettysburg College and his MBA from the University of Richmond. He serves on the Community Foundation for a greater Richmond’s board of governors. His son, Mark Hourigan Jr., also works at the firm as director of advanced manufacturing and logistics.

Return to the full list of this category’s recipients.

Real Estate 2025: MOSER JR., ROBERT D. ‘ROBBY’

Moser joined Clark in 1997 as a field engineer and worked his way up to president of one of the greater D.C. region’s largest general contractors in 2011. He added CEO to his title in 2013. Eight years later, the company named two co-presidents to succeed Moser as president.

Clark, which employs about 4,750 people and reported $7 billion in revenue for 2024, has been the construction behind major projects in around D.C. and Northern Virginia, including the National Museum of African American History and Culture,

Northwest Stadium and Amazon HQ2. The builder is currently overhauling Capital One Arena and was named general contractor for the $200 million White House ballroom project set to break ground in September. Outside of the D.C. metro region, Clark is engaged in projects across the nation, including hospitals, airports, offices, data centers, stadiums and government buildings.

A Virginia Tech civil engineer- ing graduate, Moser also completed the executive program at the University of Virginia Darden School of Business. He serves on the Greater Washington Partnership board, as well as the Virginia Tech Alumni Association board.

Return to the full list of this category’s recipients.

Real Estate 2025: EIN, MARK

Founded in 1972, Kastle Systems is a building and security systems provider that employs 700 people, including over 100 Virginians.

An investor, entrepreneur and philanthropist, Ein also is a minority owner of the Washington Commanders, which plans to build its new stadium on the RFK Stadium site.

In March, Kastle bought a majority stake in Sterling-based building security company i2G Systems. Although the company did not disclose financial terms, Kastle officials said this was its largest ever investment.

Ein is founder and owner of MDE Sports & Entertainment, which owns the management rights of the Mubadala Citi DC Open tennis tournament through its MDE Tennis company, the Washington Justice esports franchise and Washington City Paper. Ein also started the Washington Kastles, a World TeamTennis franchise.

Arguing for an upgrade to the Rock Creek Tennis Center, where the Citi Open is played, Ein has proposed adding more tennis courts and a community center to the property.

Before starting his firm, Ein worked for the Carlyle Group, Brentwood Associates and Goldman Sachs. He received a bachelor’s from the University of Pennsylvania’s Wharton School and an MBA from Harvard Business School.

Return to the full list of this category’s recipients.

Real Estate 2025: HYDER, JEFFREY

In 2023, Hyder succeeded Stewart D. Roberson as president and CEO of the firm, as Roberson stepped into the board chair role. Hyder was no newcomer; he joined Moseley in 1993 after earning his bachelor’s degree from Virginia Tech’s School of Architecture. In the past 30 years, Hyder has served as an architect, operations manager and leader of the firm’s higher education sector, as well as vice president and secretary of Moseley’s board.

The 12-office architectural firm founded in 1969 serves clients in the K-12, higher education, civic, justice, senior living and housing sectors. This year, the company rebranded to the singular Moseley from its previous name of Moseley Architects, and it appointed five new design principals who focus on strategic planning and establishing firm-wide design standards. The firm is involved in major projects at Virginia Tech and Old Dominion University, as well as out-of-state ventures.

Moseley was listed fourth on Building Design & ‘s rankings of the nation’s largest senior living facility architecture and justice facility architecture firms for 2024

Return to the full list of this category’s recipients.

Real Estate 2025: FIORILLO, TONY

Fiorillo began his career at ECS in 1993 as a field technician. In 2020, he was promoted to president of the ECS Group after serving as chief operating officer.

Founded in 1988, ECS focuses on geotechnical, materials, environmental and facilities engineering; it has grown to more than 100 offices with over 2,900 employees spread across the country. In April, it was ranked No. 66 in Engineering News-Record’s Top 500 Design Firms, and in May, Zweig Group ranked it the 50th fastest-growing , engineering and construction firm across the U.S. and Canada on its Hot Firm List. Additionally, it was No. 144 in Engineering News-Record’s Top 200 Environmental Firms list released in October 2024.

As president and CEO, Fiorillo leads the development of the organization’s long- and short-term strategies and manages overall operations.

He completed his bachelor’s degree in at Auburn University, received his MBA from George Mason University and earned his master’s degree in civil engineering from the University of Florida. Fiorillo serves as board chair for the nonprofit U.S. Hunger.

Return to the full list of this category’s recipients.

Real Estate 2025: NOVACK, DAN

Novack has been president of Balfour Beatty’s building operations in the mid-Atlantic since 2023, tasked with providing strategic oversight for operations in Virginia, Washington, D.C., Maryland and Pennsylvania.

He has been with the Dallas-based contracting and management company for more than two decades, providing operational support for approximately $2.5 billion in projects. Novack has been involved with a variety of major projects, including the Virginia State Capitol’s visitors center, the National Museum of the Marine Corps in Prince William County, NPR’s headquarters in D.C., and a new gate at Dulles International Airport.

In March, Novack won the American Subcontractors Association of Metro Washington’s outstanding division leader award.

Balfour was the project manager for two residential towers at 2000 and 2001 S. Bell St. in Arlington County, known as Valen and The Zoe, that started leasing a few months ago. They offer a combined 775 units, as well as 22,000 square feet of ground-floor retail space.

Novack graduated from Alfred State College in New York, where he earned a bachelor’s degree in construction management, and George Mason University, where he completed his MBA.

Return to the full list of this category’s recipients.

Real Estate 2025: JOHNSON, ROBB ‘R.J.’

With more than 30 years in the commercial industry, Johnson started working for The Staubach Co. in 1995, ultimately serving as president for the mid- Atlantic region until the firm merged with JLL in 2008.

A Fortune Global 500 and investment management company, JLL helps clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. Its reported revenue for 2024 was $23.4 billion, a 13% increase from 2023. JLL has operations in more than 80 countries and more than 108,000 employees.

Johnson says the most rewarding part of his career has been mentorship and education. Through his work with JLL University, the comprehensive training course the company provides for new brokers, he’s had the opportunity to shape the curriculum for younger generations and help shepherd the careers of younger brokers.

Johnson has served JLL clients from offices in Delaware, Maryland, Virginia and Washington, D.C., for the past 15 years. A University of Maryland graduate, Johnson has a bachelor’s degree in political science and a master’s degree in international development.

Return to the full list of this category’s recipients.