WHEREAS, founded in 1992, the Hampton Roads Association for Commercial Real Estate has served and supported commercial real estate professionals in the Virginia Peninsula and Southside Hampton Roads area for 25 years; and

WHEREAS, the Hampton Roads Association for Commercial Real Estate (HRACRE) membership comprises more than 550 industry professionals, including developers, brokers, bankers, contractors, attorneys, accountants, architects, and engineers; and

WHEREAS, HRACRE creates opportunities and an environment in which members can build relationships with each other and with local, regional, and statewide elected officials and decision makers; and

WHEREAS, HRACRE provides mentoring to the next generation of real estate professionals; it works with members and other stakeholders to promote economic development throughout the Commonwealth and is a member of the Virginia Association for Commercial Real Estate; and

WHEREAS, HRACRE provides a unified voice for the commercial real estate industry in Hampton Roads and before the General Assembly, advocating for local, regional, and statewide legislative initiatives; and

WHEREAS, HRACRE educates its members, the public, local governing bodies, and the General Assembly on relevant issues affecting commercial real estate through educational programs and events, general outreach and communications, and the work of its committees; now, therefore, be it

RESOLVED by the House of Delegates, the Senate concurring, That the General Assembly hereby commend the Hampton Roads Association for Commercial Real Estate on the occasion of its 25th anniversary of providing education, advocacy, and professional growth to its members and the broader commercial real estate industry; and, be it

RESOLVED FURTHER, That the Clerk of the House of Delegates prepare a copy of this resolution for presentation to Robert Orlando, president of the Hampton Roads Association for Commercial Real Estate, as an expression of the General Assembly's best wishes for the next 25 years of continuous service to the commercial real estate community of Hampton Roads.