John H. Peterson, Jr.

Chairman

John's career in the real estate development business spans over 38 years culminating in the development, construction, and sale of several thousand homes, apartments, as well as office and retail projects. He began his career in 1970 as a licensed real estate agent for Larasan Realty. After two years of marketing and selling new homes, John started his career developing and building homes throughout Hampton Roads.

In 1983, his company, Peterson Associates, Inc., formed a partnership with The Terry Companies to create Terry•Peterson Residential Companies allowing for expansion of the firm's capabilities to develop and build complete neighborhoods throughout Southeastern Virginia, Richmond, and the Raleigh/Durham area of North Carolina. Since 1983, The Terry•Peterson Companies has grown into a pre-eminent residential builder/developer in Hampton Roads. As the principal in charge, John has led all facets of the firm's operations, including in-house design, production, financing, and marketing.

John has served as President of the Tidewater Builders Association and has remained active on the TBA Board for the past 23 years. He also served as the Chair of the Hampton Roads District Council of the Urban Land Institute and remains active in the leadership at the national level of the Urban Land Institute.

John graduated in 1969 from Xavier University in Ohio with a BSBA in Economics.