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Real Estate 2025: BOSTON, BYRON L.
CO-CEO AND CHAIRMAN, DYNEX CAPITAL, GLEN ALLEN
Virginia Business //September 2, 2025//
Real Estate 2025: BOSTON, BYRON L.
CO-CEO AND CHAIRMAN, DYNEX CAPITAL, GLEN ALLEN
Virginia Business //September 2, 2025//
A St. Louis native, Boston joined real estate investment trust Dynex Capital in 2008 as executive vice president and chief investment officer. Four years later, he was promoted to president and given a seat on the board. He took the role of CEO in 2014. In 2023, Dynex board members appointed Boston their chairman, and Smriti L. Popenoe, also Dynex’s president, became the firm’s new co-CEO in 2024.
Dynex reported more than $8.18 billion in total assets at the end of 2024, up from $6.36 billion in 2023. In July, the company announced its portfolio was at $14 billion, more than 50% growth since June 2024.
Boston launched his career as a corporate banker with Chemical Bank and later traded mortgage securities. He served in a senior leadership role in the investment division of Freddie Mac for almost seven years.
The first person in his family to graduate from college, Boston majored in economics at Dartmouth College and earned an MBA from the University of Chicago. He serves on the board of directors for Salzburg Global, a worldwide leadership organization.
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