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WAKEFIELD DEVELOPMENT
Art and Steven Sandler
L.M. Sandler & Sons, Inc., based in Virginia Beach, Virginia, is a real estate investment and residential land development company with a national profile for successful signature communities. One of the most distinctive features of the company, especially in today's business environment, is the reputation it has earned and maintained, over time, as a company that does what it says it will do, and delivers what is promised. The lines of business that reflect this success include residential development, commercial and office projects, apartments, homebuilding, mortgage/title financing and consumer credit.
L.M. Sandler & Sons, Inc., trading as Wakefield Development is one of the most successful real estate development companies in the Southeast United States. Their ability to identify and capitalize on market opportunities reaches far beyond regional borders, developing nearly one hundred communities and selling nearly eighty thousand homesites to builders. A full range of services are provided, from planning and design to contracts and construction, and from sales and marketing to property management services. The results
consistently garner awards in categories ranging from Traditional Neighborhood Developments, to Active Adult Communities, Luxury Golf Resorts, Planned Unit and Master Planned Communities, to Environmental and Urban Design and Real Estate Marketing Campaigns.
Their record speaks to several strengths of the company and the advantages of its development approach. First, the Sandler’s experience allows them to accurately assess and define the risks, opportunities and special characteristics of a given area or property, and to also evaluate the needs or challenges that may exist in terms of community relations, environmental impacts or market characteristics, among other factors. Secondly, their organization is structured to achieve efficiency, innovation and excellence. Because the company is privately owned, decisions can be made and acted on directly by the principals involved, without delays or complications related to multiple levels of approval from outside sources. Accountability is clearly defined at each stage of any project so there is no misunderstanding or uncertainty about what is to be achieved. This structure allows for strategic team-building and alliances with local or national talent and services to ensure that the potential of each project is fulfilled.
Additionally, over 20 years ago, L.M. Sandler & Sons started Chesapeake Homes. Today it is the largest privately owned homebuilder in Hampton Roads, Virginia and is emerging as the fastest growing builder in North Carolina’s Research Triangle. Specializing in townhomes and single-family homes for first-time and move-up home buyers. Chesapeake Homes is the market leader in value, design and quality. It is a remarkable homebuilder receiving accolades from its employees, sub-contractors and customers.