PRESIDENT, STANLEY MARTIN HOMES, RESTON
Virginia Business //September 2, 2025//
PRESIDENT, STANLEY MARTIN HOMES, RESTON
Virginia Business //September 2, 2025//
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 real estate 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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