Middleburg Appoints Lindsay Lechner as Managing Director and Head of Capital Markets

Seasoned Real Estate Finance Executive to Lead Firm’s Capital Strategy and Institutional Relationships

VIENNA, Va.--(BUSINESS WIRE)--Middleburg today announced that Lindsay Lechner has joined the firm as Managing Director and Head of Capital Markets. In this role, she will lead all aspects of Middleburg’s capital strategy, overseeing capital formation and execution across the firm’s growing national portfolio.

Lechner brings nearly two decades of institutional finance and real estate experience to Middleburg, with a track record of structuring and securing capital for large-scale development platforms. She will be responsible for advancing the firm’s relationships with institutional investors and supporting continued expansion across its development, construction and investment platforms.

“We’re excited to welcome Lindsay to the team. She brings a thoughtful, experienced perspective and a real ability to execute that aligns closely with where Middleburg is today,” said Chris Finlay, Chief Executive Officer and Founder of Middleburg. “As we continue to grow and deepen our relationships with our capital partners, her insight and leadership will be instrumental in this next chapter.”

Her appointment comes as Middleburg continues to scale its platform across high-growth markets. The firm was recently named to the National Multifamily Housing Council’s 2026 Top 25 Developers (No. 11) and Top 25 Builders (No. 13) lists, reflecting sustained execution at scale. Middleburg currently has 52 projects under control and in the development process for over 18,000 new units across its expanded target markets, representing approximately $4 billion in anticipated capitalization over the next three years. The firm is also advancing its Western U.S. expansion with the buildout of a regional development platform, including new leadership focused on market entry, team formation and full-cycle execution.

Prior to joining Middleburg, Lechner spent nine years at Trammell Crow Company, where she led equity capital formation and execution for U.S. development. During her tenure, she played a key role in managing global investor relationships and securing capital for major industrial and residential projects. She began her career at Goldman Sachs as a quantitative risk analyst and later held roles in Capital and Liquidity Management at PNC.

“Middleburg has built a differentiated platform with true vertical integration and a strong track record of performance,” said Lechner. “I’m excited to join at a time of continued growth and to help scale the firm’s capital relationships while supporting its disciplined approach to development and investment.”

Lechner holds a Master of Business Administration with a major in Real Estate from The Wharton School and a Bachelor of Science in Mechanical Engineering from the University of Notre Dame.

About Middleburg

Middleburg is a vertically integrated real estate investment, development, and construction firm operating in the highest growth markets across the United States. Since 2004, the firm has completed more than $4.5 billion in transactions and delivered over 32,000 homes across nine states. Headquartered in Vienna, Virginia, Middleburg operates through four integrated companies and has achieved a 30%+ realized IRR across multiple market cycles. For more information, please visit www.middleburg.com.