Acquiring, building & managing real estate on behalf of 51Ç鱨վ
Established in 1995, the 51Ç鱨վ Real Estate Foundation has been developing much of the area in Monarch Way, a 75-acre mixed use development that includes retail, student apartments, and office buildings.
In addition, the Foundation acquires, builds and manages real estate on behalf of the University. The results of its work are visible to all in the form of the University Apartments, restaurants, shops, the Innovation Research Park, The President's House, Marriott SpringHill Suites Hotel, the University Bookstore, Baron & Ellin Gordon Art Galleries, and the Barry Art Museum. View highlights of our properties below:
Real Estate Foundation Portfolio
Barry Art Museum
51Ç鱨վ President's House
Innovation Research Park I & II
Springhill Suites 51Ç鱨վ
Virginia Beach Higher Education Center
University Bookstore
Monarch Way Apartments & Retail
45th Street Garage
51Ç鱨վ Facilities Management Warehouse
51Ç鱨վ Institute for Coastal Adaptation & Resilience
51Ç鱨վ Facilities Management Storage Facility
51Ç鱨վ Wet Lab & Colley Avenue Printers
Office of Governmental Relations
51Ç鱨վ Institute for Innovation & Entrepreneurship
Nusbaum Apartments
49th Street Vacant Lots
Monarch Way Mixed Use Development
51Ç鱨վ Facilities Management Recycling Center
51Ç鱨վ Facilities Management Storage Lot
Barry Art Museum
51Ç鱨վ President's House
Innovation Research Park I & II
Springhill Suites 51Ç鱨վ
Virginia Beach Higher Education Center
University Bookstore
Monarch Way Apartments & Retail
45th Street Garage
51Ç鱨վ Facilities Management Warehouse
51Ç鱨վ Institute for Coastal Adaptation & Resilience
51Ç鱨վ Facilities Management Storage Facility
51Ç鱨վ Wet Lab & Colley Avenue Printers
Office of Governmental Relations
51Ç鱨վ Institute for Innovation & Entrepreneurship
Nusbaum Apartments
49th Street Vacant Lots
Monarch Way Mixed Use Development
51Ç鱨վ Facilities Management Recycling Center
51Ç鱨վ Facilities Management Storage Lot
Discover Monarch Way
Monarch Way provides indoor and outdoor dining with an eclectic collection of restaurants and casual dining establishments.
Trustees
Lisa F. Chandler ’76, Chairperson
Teresa C. Peters, Vice Chairperson
Joseph A. Lowery ’05, Secretary/Treasurer
Jared Chalk
Miles B. Leon
Kenneth E. Rodman, Jr. P.E. ’88
Karen Shaffer ‘97
Jeremy R. Starkey
Deborah K. Stearns ’80
Nathaniel P. Tyler
Steven C. Wright
Ex Officio
Chad A. Reed, VP for Administration & Finance
Directors Emeriti
George Consolve '67
Robert L. Dewey
BOV Representative
Larry Hill
Staff
Tara Saunders ’85, ’92, Executive Director
Mike LaRock ’85, Assistant VP of Foundations
Cindy Gall ’09, Foundation Board Administration Coordinator
Debra Howard ’95, '18, Property Manager
Kim Ross ’93, CFO & Director of Accounting