Biography

MR. STEPHEN CUMBIE
PRESIDENT

Mr. Cumbie is the Chief Executive Officer and Principal of NVCommercial, Inc., NVRetail, Inc. and Metro Management Services, LLC, specializing in commercial real estate investment, development, asset management and property management services for office, retail, hotel and mixed-use projects which exceed $1.0 Billion in the Washington, D.C., Richmond, Virginia and Denver, Colorado markets.

Mr. Cumbie is also the President of NVCapital Advisors, LLC which managed the NVCommercial Real Estate Fund I, a $30+ Million opportunistic real estate investment fund. The Fund made nine (9) investments totaling in excess of $100 Million and successfully re-positioned and sold all of them. NVCapital Advisors, LLC also manages three apartment developments outside the Fund.

Mr. Cumbie co-founded NVR, a publicly traded home-building company, that operates through the Ryan Homes and NVHomes trade names (2017 revenues of $6.2 Billion).

He is the past Board Chair and board member of INOVA Health System (2016 revenues of $3.3 Billion). He actively serves on various Boards of Directors, including UNC's Kenan-Flagler Business School Foundation and Trustar Bank.

Mr. Cumbie previously served on the Boards of Directors for NVR Inc., WashingtonFirst Bank, NVR Savings Bank and the Potomac Bank of Virginia. He was appointed to the Virginia Public Buildings Board by Governor Mark Warner, the Virginia Port Authority Board of Commissioners by Governor Tim Kaine and the George Mason University Board of Visitors by Governor Terry McAuliffe.

He formerly served as the Executive Director of the Center for Real Estate Development at the University of North Carolina's Kenan-Flagler Business School and as an adjunct professor, co-teaching the real estate development course in the MBA program.

Mr. Cumbie graduated Phi Beta Kappa from the University of North Carolina in 1970 and received a Master of Business Administration degree from the University of North Carolina in 1973.

Mr. Peter Lunt

Chief Financial Officer

Mr. Lunt is a Principal of NVCommercial, Incorporated, NVRetail, Incorporated and Metro Realty Group since 1987. He is acting as general partner for the seven building office real estate portfolio of NVCommercial in Northern Virginia and Denver, Colorado, and is an active partner in its retail developments. Such developments include a 500,000 square foot shopping center in Winchester, Virginia, and a new town center in Loudoun County, Virginia.

For the first six years of his career, Mr. Lunt was in the real estate investment group of The Northwestern Mutual Life Insurance Company. During this period, he was actively involved in over $200,000,000 of new investments. From 1985 through 1987, Mr. Lunt was Senior Vice President of Oxford Development Corporation in Bethesda, Maryland, one of the nation’s largest apartment developers. He was head of the Institutional Markets Group, which managed all debt and joint venture financing for the company’s projects and initiated several public market financings on Wall Street.

Mr. Lunt graduated with a MBA in Finance from Indiana University and received a Bachelor’s in Economics from the University of Richmond. He earned Beta Gamma Sigma honors at both Universities, and Omicron Delta Kappa honors during his undergraduate years.

Mr. Lunt has served in various leadership roles in the Community. He was Chairman of Carpenter’s Shelter in Alexandria, Virginia from 1996 to 2001, and is currently serving as a Board Member. This is the largest homeless shelter in Virginia, which serves the needs of approximately 1,200 people each year. He has served as Chairman of Friends of Guest House, the only residential facility for female ex-offenders in Northern Virginia from 2003-2011. Mr. Lunt became involved in July of 2003 after the facility closed; it reopened in June 2004. Both charities are models in the community, and have been recognized by the Catalogue for Philanthropy.

Biography

Mr. Peter Lunt

Chief Financial Officer

Steve Cumbie

President