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REAL ESTATE


COLIN ROBINSON AREA MANAGER AND RICHMOND BUSINESS UNIT LEADER, GILBANE BUILDING CO., RICHMOND


Robinson joined Gilbane as a project engineer in 2000. Today, he leads the Richmond office for the Providence, Rhode Island-based construc- tion company. At the time of Robinson’s 2020 promotion,


Executive Vice President Paul Choquette III described him as having led “some of the most complex and technical projects Gilbane has ever completed.” Robinson was project manager for the renovations of Richmond’s Carpenter Theatre, which reopened in 2009, and the Altria Theater, which was completed in 2014.


Last year, Gilbane completed a renovation of Altria Group’s corporate headquarters in Henrico County that included an addition, and the company is finishing construction of the Virginia General Assembly’s new 14-story tower, a $181 million project started in 2016. Gilbane has more than 3,000 employees and reported $6.5 billion in 2020 revenue. A James Madison University alum, Robinson is a Richmond native.


LOUIS J. ROGERS FOUNDER AND CEO, CAPITAL SQUARE 1031, GLEN ALLEN


In 2012, Rogers founded Capital Square 1031, a firm that helps investors qualify for tax cuts (under IRS Section 1031) by spending their earnings on other properties. Rogers came from Hirschler, where he founded and led the law firm’s real estate securities practice group from 1987 to 2004. Additionally, he helped form and lead Triple Net Properties LLC, which became the nation’s largest sponsor of securitized Section 1031 exchange programs. Capital Square has completed more than $3 billion in


transactions since its founding, although that could change with the American Families Plan, a $1.8 trillion federal spending bill that would cap the 1031 exchange at $500,000. Rogers’ firm has recently entered real estate development, focusing on tax-advan- taged properties. The company is currently building three mixed-use developments in Richmond’s Scott’s Addition neighborhood.


WHAT MAKES ME PASSIONATE ABOUT MY WORK: I live to work, and work is like play when you genuinely enjoy what you do.


HOW MY ORGANIZATION WEATHERED THE PANDEMIC: Capital Square has experienced real estate professionals who are able to get the job done from home, while on the road or from the office.


BEVERAGE OF CHOICE: Margarita


PAUL C. SAVILLE PRESIDENT AND CEO, NVR INC., RESTON


Work is like play when


you genuinely enjoy what you do.”


LOUIS J. ROGERS BENJAMIN W.


SCHALL PRESIDENT, AVALONBAY COMMUNITIES INC., ARLINGTON


Schall joined AvalonBay in January as president of the publicly traded real estate investment trust. He will succeed Timothy J. Naughton as CEO at the end of 2021, with Naughton transitioning to executive chair aſter more than 30 years at the company. AvalonBay acquires, develops and manages multifamily communities across the country, and more than 650 of its 3,100 employees are based in Virginia. The company was on the 2021 Fortune 1000 list. As of March 31, it owned or held interest in 290 apartment communities, with most of its Virginia holdings in Fairfax and Arlington counties and Alexandria. A graduate of Swarthmore College and Harvard


Business School, Schall previously was president and CEO at Seritage Growth Properties, a New York-based publicly traded real estate investment trust. He also held executive roles at Rouse Properties Inc. and Vornado Realty Trust.


166 VIRGINIA 500


In 2005, Saville was named CEO of NVR, a publicly traded homebuilding company that sells and constructs homes under the Ryan Homes, NVHomes and Heartland Homes brands.


One of the nation’s leading homebuilders, NVR was founded in 1980 and now serves home buyers in 14 states. The company also operates a mortgage banking and title services business.


Saville, who joined Ryan Homes in 1981 and worked his way up to chief financial officer in 1993, now leads about 6,100 full-time employees, up by 400 from the end of 2019. NVR reported more than $7.5 billion in 2020 revenue. In 2018, Saville was the highest-paid CEO of a publicly


held Virginia company, receiving $39.1 million, mostly in option awards, but his earnings came back down to earth in 2019 and 2020. Last year, he made $4 million in salary and bonuses. Saville is an alum of William & Mary and the University of Pittsburgh’s business school.


DONALD E. ‘DON’ STONE JR. CEO, THE DEWBERRY COS. INC., FAIRFAX


Stone, who has more than 35 years of engineering experience, took the reins at Dewberry in 2010. Two years earlier, he arrived at the family-owned planning, design and construction firm as chief operating officer and leader of the infrastructure engineering services practice.


During his tenure, Stone has overseen several significant acquisitions, including Alabama-based Edmonds Engineering. Dewberry, which has more than 2,000 employees and more than 50 offices, reported $463 million in 2020 revenue. In March, the firm won a $2.6 million contract to develop the state’s first Coastal


Resilience Master Plan, and in May, the Virginia Department of Transportation selected the firm to provide engineering services for the $200 million widening of Interstate 81 in Roanoke County and Salem. Previously, Dewberry was lead consultant on Virginia Beach’s Sea Level Wise project and worked on developing a coastal protection plan for Louisiana. Before joining Dewberry, Stone spent 25 years at O’Brien & Gere, where he rose to presi- dent of the company’s total water solutions division. A graduate of the Citadel, Stone served in the U.S. Army Corps of Engineers, retiring as a captain in 1983.


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