March 9, 2021
2021 ODU Hampton Roads Market Review & Forecast
Join us at the 26th Annual Hampton Roads’ Real Estate Market Review & Forecast. For over two decades, the E.V. Williams Center for Real Estate has been working with Hampton Roads’ industry leaders to produce the Market Review. Our speakers are industry experts and will be contributing their valuable time and leadership to this event and to the Center.
As part of Old Dominion University’s Strome College of Business, the E.V. Williams Center for Real Estate strives to connect the Hampton Roads’ real estate community to the research, curriculum, and students at the University. Through our dedicated membership, comprised of community leaders and industry experts, we educate and empower the next generation of professionals and leaders.
Tuesday, March 9
12:00pm – 2:00pm
Hampton Roads Market Review & Forecast
Old Dominion University
Dr. Agarwal is Director of the Economic Forecasting Project and a Professor of Economics at Old Dominion University. He served as Interim Dean of the Strome College of Business from July 2014 to June 2015, as well as Chairman of ODU’s Economics Department from 2001 to 2006. He was a member of the Virginia College Building Authority for the Commonwealth of Virginia from July 2004 to June 2012 and served on the Governor's Advisory Board of Economists from 2006 to 2010. Dr. Agarwal's research focuses on applied economics. He has authored or co-authored more than 60 professional journal publications and research monographs. In addition to citations in professional publications, his work has also been cited in more than 130 newspapers, magazines, and wire reports throughout the U.S., including the Dow Jones Newswire, The Economist, and USA Today.
Valbridge Property Advisors
Mr. Colorito manages the Virginia offices and serves on the National Board of Directors of Valbridge Property Advisors, the largest independent commercial real estate valuation and consulting firm in North America. He has been in the valuation industry for 30 years and has worked on assets in more than 20 states and valued at billions of dollars. He is the Chair of the E.V. Williams Center for Real Estate and teaches real estate valuation for the Strome College of Business. He holds a B.S. in Finance from Penn State, an M.S. in Real Estate and Construction Management from the University of Denver, and the Appraisal Institute's prestigious MAI designation. He has also served in the leadership of several local professional and philanthropic organizations in Virginia. Currently, he serves on the Advisory Board of the Institute of Real Estate Studies for the Smeal College of Business, Penn State.
The Franklin Johnston Group
Ms. Faatz manages The Franklin Johnston Group’s internal finances, including budgeting and strategic planning, treasury/banking, cash management, 401k investments, audit/tax, as well as any additional financial concerns relative to the corporation and its assets. Previously, she served as Vice President of Operations during a tremendous growth phase, when the Group assumed management of an additional 11,000 apartment units, doubling the portfolio. She was responsible for onboarding those assets as well as overseeing budgeting, policy creation, standardization and implementation, and collaborating on development projects. Ms. Faatz joined The Franklin Johnston Group in March 2015 as Director of Corporate Strategy, after several years working with Virginia General Assembly members.
She is a graduate of the University of Virginia and received her MBA from The Mason School of Business at the College of William & Mary. She currently serves on the Region 5 Board of GO Virginia, a bipartisan, business-led economic development initiative that is changing the way Virginia’s diverse regions collaborate on economic and workforce development.
Cushman & Wakefield | Thalhimer
"Mr. Poston leads the Cushman & Wakefield | Thalhimer Hampton Roads Industrial Group, working alongside ten industrial brokers in two offices. He specializes in the acquisition and disposition of industrial facilities throughout Southside Hampton Roads. Through procurement, as well as marketing services, he has successfully represented local, national, and international clients within the region. Clients range from local government agencies to nationally recognized REITs and global manufacturers, including Norfolk Southern Corporation, Equus Capital Partners, FedEx, Lidl, thyssenkrupp, Fastenal, Hampton Roads Transit, Norfolk Marine Company, and others.
To date, Mr. Poston has completed over 210 transactions totaling more than 4.1mm square feet valued at over $155mm. He is Vice President of the Virginia Chapter – Society of Industrial and Office Realtors (SIOR). He also has specialized experience in the acquisition and disposition of investment grade properties and is an active Certified Commercial Investment Member (CCIM) designee.
A 2011 graduate of Old Dominion University and 2020 Hampton Roads Chamber LEAD Program Alumnus, he prides himself on collaborating with community stakeholders to promote economic development within the region."
Rose and Womble
Mr. Rose has served as President of Rose & Womble Realty’s New Homes Division for 30 years and was named Chief Operating Officer in 2016. Under his leadership, the New Homes team has marketed over 450 individual communities in Virginia and North Carolina and sold more than 30,000 homes. Rose & Womble is one of the largest real estate agencies in Southeastern Virginia and consistently ranks first in sales with more than $1 billion in annual residential real estate volume. The New Homes Division has received many awards for excellence, including recognition from the National Association of Home Builders, Tidewater Builders Association, and Peninsula Home Builders Association. Mr. Rose has been named a “Legend of Real Estate Marketing” by the National Association of Home Builders. He is a 1975 graduate of the U.S. Naval Academy and served as a decorated Naval aviator.
Jones Lang LaSalle
Ms. Stearns is a Senior Vice President with JLL’s Hampton Roads office and specializes in office and industrial property sales and leasing. She is a consistent top producer and has been recognized several times as a CoStar Power Broker, most recently in 2018.. With more than 40 years of experience in commercial real estate, she has served as Senior Vice President at Harvey Lindsay Commercial Real Estate, Managing Director at Advantis Real Estate Services, and Vice President of Rowe Development. She was inducted into the Junior Achievement Business Hall of Fame in 2015 and received the Lifetime Achievement Award from Volunteer Hampton Roads in 2009. Ms. Stearns is a graduate of Old Dominion University and received the Alumni Legacy Award from the Strome College of Business in 2019.
S.L. Nusbaum Realty Co.
Mr. Zarpas is Vice President of Retail Brokerage and Development at S.L. Nusbaum Realty Co., a fifth generation full-service commercial real estate firm founded in 1906. He is a seasoned veteran of the industry with 30 years of active service in the Coastal Virginia region. He brings a unique perspective to the retail industry, with experience as a broker, landlord, tenant, developer, and manager on a multitude of commercial projects. His current focus is in the areas of investment sales, leasing, tenant representation, and development of retail properties in Virginia and North Carolina. Before joining S.L. Nusbaum, he founded Global Real Estate Investment, Inc., a comprehensive commercial real estate firm serving the mid-Atlantic region. Mr. Zarpas is a graduate of Old Dominion University’s finance and real estate program and served as Government Relations Committee Chair for the International Council of Shopping Centers (ICSC).
Q: Will the event be recorded?
A: Yes, the event recording will be available for playback after the event.
Q: Is there an app for this event?
A: Yes, the Expo Pass event app may be downloaded from the Google Play or iTunes store by searching “Expo Pass”.
Q: Where do I find the link to access the event?
A: You will receive the link to the event via email at least 3 business days prior to the scheduled event date.