Acquiring, building & managing real estate on behalf of ¹ú²úÂ×Àí
Established in 1995, the ¹ú²úÂ×Àí 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
![](/sites/default/files/styles/image_gallery/public/photos/covid-19-photos/covid-19-barry-art-museum/covid-19-barry-art-museum-2-Edit-1.jpg?h=812439d5)
Barry Art Museum
![](/sites/default/files/styles/image_gallery/public/images/preshouse.jpeg?h=eed8f32f)
¹ú²úÂ×Àí President's House
![](/sites/default/files/styles/image_gallery/public/images/real-estate-6.jpg?h=87ff7951)
Innovation Research Park I & II
![](/sites/default/files/styles/image_gallery/public/images/springhill-suites.jpg?h=1892700a)
Springhill Suites ¹ú²úÂ×Àí
![](/sites/default/files/styles/image_gallery/public/images/beach-campus_0187.jpg?h=fa1c963e)
Virginia Beach Higher Education Center
![](/sites/default/files/styles/image_gallery/public/photos/campus/buildings/university-village-bookstore/university-village-bookstore-3.jpg?h=9f05dd35)
University Bookstore
![](/sites/default/files/styles/image_gallery/public/images/monarchway_0.jpg?h=71976bb4)
Monarch Way Apartments & Retail
45th Street Garage
![](/sites/default/files/styles/image_gallery/public/images/4510killam.jpg?h=0d86c9aa)
¹ú²úÂ×Àí Facilities Management Warehouse
![](/sites/default/files/styles/image_gallery/public/images/oduicar.jpg?h=0d86c9aa)
¹ú²úÂ×Àí Institute for Coastal Adaptation & Resilience
![](/sites/default/files/styles/image_gallery/public/images/4902powhatan.jpg?h=827069f2)
¹ú²úÂ×Àí Facilities Management Storage Facility
![](/sites/default/files/styles/image_gallery/public/images/oduwet-colley.png?h=0581818e)
¹ú²úÂ×Àí Wet Lab & Colley Avenue Printers
![](/sites/default/files/styles/image_gallery/public/images/hallofstates.png?h=89a9b0ef)
Office of Governmental Relations
![](/sites/default/files/styles/image_gallery/public/images/iie.jpg?h=252f27fa)
¹ú²úÂ×Àí Institute for Innovation & Entrepreneurship
![](/sites/default/files/styles/image_gallery/public/images/nusbaumapts.jpg?h=cbf66fb2)
Nusbaum Apartments
![](/sites/default/files/styles/image_gallery/public/images/49th-str-props_0.jpg?h=51c092ca)
49th Street Vacant Lots
![](/sites/default/files/styles/image_gallery/public/images/monarchway-ref.png?h=281cf00d)
Monarch Way Mixed Use Development
![](/sites/default/files/styles/image_gallery/public/images/odu-recycling-ref.jpg?h=f6d8a729)
¹ú²úÂ×Àí Facilities Management Recycling Center
![](/sites/default/files/styles/image_gallery/public/images/fre-parking.png?h=5ba87df9)
¹ú²úÂ×Àí Facilities Management Storage Lot
Barry Art Museum
¹ú²úÂ×Àí President's House
Innovation Research Park I & II
Springhill Suites ¹ú²úÂ×Àí
Virginia Beach Higher Education Center
University Bookstore
Monarch Way Apartments & Retail
45th Street Garage
¹ú²úÂ×Àí Facilities Management Warehouse
¹ú²úÂ×Àí Institute for Coastal Adaptation & Resilience
¹ú²úÂ×Àí Facilities Management Storage Facility
¹ú²úÂ×Àí Wet Lab & Colley Avenue Printers
Office of Governmental Relations
¹ú²úÂ×Àí Institute for Innovation & Entrepreneurship
Nusbaum Apartments
49th Street Vacant Lots
Monarch Way Mixed Use Development
¹ú²úÂ×Àí Facilities Management Recycling Center
¹ú²úÂ×Àí 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