Real Estate 2023: ALBERT G. ‘BEAU’ VAN METRE JR.
CHAIRMAN AND PARTNER, VAN METRE COS., THE PLAINS
Van Metre’s late father founded his family real estate development company in 1955, partnering with B.B. Wills to build the first Van Metre Homes in Burke, a Fairfax County suburb. Like Northern Virginia, Van Metre Cos. has grown exponentially in the decades since.
Beau Van Metre joined the company in 1963. In 2002, he was appointed vice chairman and he became chairman in 2008. Ashburn-based Van Metre Homes, one of the company’s subsidiaries, was named Pro Builder magazine’s 2022 Builder of the Year. Van Metre Cos. owns and manages more than 1 million square feet of commercial space in Northern Virginia, and it has a design and build group and a mortgage division.
He also is a trustee for the Van Metre Family Trusts and runs the Van Metre Family Foundation with his sister, Alison Van Metre Paley. Their family foundation has made more than $4.4 million in donations to charitable organizations ranging from the Children’s National Health System to Loudoun County-based Women Giving Back.
Well-known in the yacht racing world for winning the 1976 Newport Bermuda Race with his father, Beau Van Metre also won last year’s New York Yacht Club Regatta.