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Real Estate 2025: BAIN, PATRICK

Bain became Long & Foster’s president and CEO in 2023. Founded in 1968, Long & Foster has more than 7,000 agents across seven states and Washington, D.C. Bain joined Long & Foster in 2010 as president of its insurance and home warranty businesses.

Berkshire Hathaway affiliate HomeServices of America acquired Long & Foster in 2017, and in 2018, Bain took on oversight of Long & Foster and Long & Foster Rental Service Center. Bain rebranded the property management business as HomeServices Property Management in 2022, and in early 2022, launched Insight Home Inspections.

In March, HomeServices of America denied reports that it was in talks to be sold to Compass, the Washington, D.C., region’s largest real estate brokerage by sales volume.

Long & Foster completed 34,000 transactions in 2024. Prior to joining Long & Foster, the Allegheny College graduate served as vice president and general manager for Pittsburgh-based Howard Hanna Insurance Services. He founded internet insurance startup InsRateDirect.com in 1998 and was managing partner at the McDonnell Bain Group.

He negotiated both companies’ sales to larger insurance companies in 2002.

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Real Estate 2025: CLEMENTE, CHRISTOPHER

Founder of the 40-year-old Comstock organization, Clemente is the son-in-law of NVR founder Dwight Schar, who is a co-owner of Comstock Partners with Clemente. Both are major shareholders of Comstock Holdings, which is among the mid-Atlantic’s largest developers of mixed-use and transit-oriented developments. Comstock’s 2024 revenue was $51.3 million, with a managed portfolio of 72 properties.

It’s best known for developing Reston Station, the 10-acre, mixed-use development near Reston’s first Metro station. The 28-floor JW Marriott Hotel and Residences on The Row at Reston Station, a 243-room hotel that will include 93 condos, is set to open in September. Comstock also filed a plan in March to expand Reston Station into a 130-acre development with new residential and commercial buildings.

Starting in 2023, the company has advocated building a casino in Fairfax County, which requires action by state legislators. Three years in a row, bills have failed, but boosters have voiced hope for progress in 2026. Clemente blamed an “out-of-state special interest group” for the defeat in February without specifically

naming MGM, which owns the MGM National Harbor Hotel & Casino in Maryland.

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Real Estate 2025: WOLCOTT, BARBARA M.

A five-decade Hampton Roads veteran, Wolcott leads a and company created by the 2023 merger of Rose & Womble Realty and Berkshire Hathaway HomeServices Towne Realty.

With more than 750 agents across southeastern Virginia and northeastern North Carolina, the firm has the backing of TowneBank and is a licensee of Warren Buffett’s Berkshire Hathaway luxury real estate franchise.

In December 2024, the brokerage issued a public apology as part of a housing discrimination settlement with Dr. Raven Baxter. In May 2024, the white, 84-year-old owner of a Virginia Beach condo tried to cancel the residence’s sale after discovering Baxter was Black. RW Towne Realty represented the condo’s owner in the sale. The seller (whom Wolcott previously described as “horribly misguided”) and the brokerage reached a settlement with Baxter, who ultimately purchased a different home.

Wolcott is president of the Real Estate Information Network board, the region’s multiple listing service. She also serves on TowneBank’s Virginia Beach regional advisory board. A past Virginia Realtors president, she received a 2019 lifetime achievement award from the Hampton Roads Realtors Association.

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Real Estate 2025: HOLLAND, BRIAN

A Hampton Roads native, Holland started Atlantic Bay in 1996, three years after graduating with a bachelor’s degree in finance from Old Dominion University. Today, the mortgage lender has served more than 180,000 homeowners across the country, and Atlantic Bay employs more than 800 people at 138 branch offices in 17 states.

Holland maintains close ties to ODU, serving as a member of its board of visitors and a member of the Old Dominion Athletic Foundation’s board of trustees. Additionally, Atlantic Bay has naming rights for the football game day complex at the university’s stadium.

The company also contributes to community organizations like the Boys & Girls Clubs of Southeast Virginia, as well as holding an annual week of service while Atlantic Bay employees take time to do service projects.

Holland created the AB Cares program for civic causes, as well as employment wellness initiatives. In 2006, Holland helped found the Virginia chapter of Young Presidents’ Organization, or YPO, a global leadership group of chief executives.

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Real Estate 2025: MOLIVADAS, CHRIS

Molivadas has been in commercial 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 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.

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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.

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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.

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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.

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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.

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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.

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