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Old Dominion University Old Dominion University Director Director s Message s Message Hampton Roads Real Estate Hampton Roads Real Estate Market Review and Forecast Market Review and Forecast John R. Lombard, PhD 2008 2008


  1. Old Dominion University Old Dominion University Director’ Director ’s Message s Message Hampton Roads Real Estate Hampton Roads Real Estate Market Review and Forecast Market Review and Forecast John R. Lombard, PhD 2008 2008 Associate Professor, Department of Urban Studies and Public Administration, College of Business and Public Administration Director, E. V. Williams Center for Presented by: Presented by: Real Estate and Economic E.V. Williams E.V. Williams Development Center for Real Estate Center for Real Estate and Economic Development and Economic Development A Message from the Dean A Message from the Dean Nancy Bagranoff, DBA Dean, College of Business & Public Administration, Old Dominion University T ED C ONSTANT E NGINEERING & C OMPUTATIONAL C ONVOCATION C ENTER S CIENCES B UILDING 1

  2. U NIVERSITY V ILLAGE H EALTH S CIENCES B UILDING B ARON & E LLIN I NNOVATION R ESEARCH P ARK G ORDON A RT G ALLERIES U NIVERSITY Q UADS F OLKES -S TEVENS S TUDENT H OUSING I NDOOR T ENNIS C ENTER 2

  3. Executive Committee Executive Committee Chair: Tom Dillon Executive Director: John Lombard Vice Chair: Brad Sanford Program Chair: Stephanie Sanker Research Chair: Brian Dundon Membership Chair: Craig Cope Curriculum Co-Chairs: John Crunkleton, Brad Sanford Sponsorship Chair: Fred Facka By-Laws Chair: Andrew Keeney Past Chair: Joyce Hartman At Large: Jonathan Guion Billy King Aubrey Layne Sponsorship Committee Sponsorship Committee Program Committee Program Committee Stephanie Sanker, GVA Advantis Fred Facka (Chair), Smith Barney - Citigroup Tom Dillon, Resource Bank Stephanie Sanker, GVA Advantis David Chapman, Old Dominion University Tom Dillon, Resource Bank Erica Ferron, Old Dominion University Research Committee Our Proud Sponsors Research Committee Our Proud Sponsors Brian Dundon, Brian J. Dundon & Assoc. Ashley Capital, LLC Atlantic Mortgage & Investment Company Axial Advisory Group, LLC John Lombard, PhD, ODU Bank of America Real Estate Banking BB&T Beth Hancock, City of Chesapeake Cavalier Land, Inc. CB Richard Ellis Joy Learn, Resource Bank Cherry, Bekaert, & Holland, L.L.P. City of Chesapeake – Economic Development Sandi Prestridge, City of Norfolk City of Hampton – Economic Development City of Norfolk – Department of Development Maureen Rooks, Thalhimer City of Portsmouth – Dept. of Economic Development City of Suffolk – Dept. of Economic Development Bradley Sanford, Dominion Realty Advisors City of Virginia Beach – Dept. of Economic Development Clark Nexsen Lane Shea, Harbor Group CREED Continental Realty Services, Inc. Kristi Sutphin, City of Portsmouth Creative Office Environments, LLC 3

  4. Our Proud Sponsors Our Proud Sponsors Our Proud Sponsors Our Proud Sponsors Davenport Group & Lefcoe Development Co ODU Real Estate Foundation Dominion Realty Advisors Resource Bank/Fulton Bank Drucker & Falk, LLC S.L. Nusbaum Realty Co. ECS Mid-Atlantic, LLC Sam Segar & Associates, Inc. First Potomac Realty Trust Sperry Van Ness - Virginia Beach Grandbridge Real Estate Capital SunTrust Real Estate Finance Great Atlantic Management Co. Thalhimer/Cushman & Wakefield GVA Advantis The Cost Segregation Group Hampton Roads Security Corporation The Runnymede Corporation Harbor Group Management Tri City Developers, LLC Harvey Lindsey Commercial Real Estate Virginia Housing Development Authority Innovative Research Park - ODU W.M. Jordan Company Kaufman & Canoles Wachovia Bank LandMark Design Group, Inc. Wall, Einhorn & Chernitzer, P.C. Liberty Property Trust Wells Fargo Real Estate Group McDonald Development Company Wexford Science & Technology, LLC McPhillips Roberts & Deans Wheeler Interests Mid Eastern Builders, Inc. Williams Mullen Special thank you to Inside Business for their sponsorship over the past six years. 4

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