In the mid-1950s, while still overseeing his successful 30-year career with a steamboat excursion company, B.B. Wills, along with his son Trey and Tim’s grandfather, formed a partnership with Albert Van Metre. This collaboration led to the founding of the real estate development firm, Wills and Van Metre. By 1960, the company had rapidly established itself as a major player in the home-building industry, particularly in the burgeoning suburbs of Washington, D.C.
Shortly thereafter, Trey and Tim’s father, P. Reed Wills II (“Reed”), launched his own real estate firm and later co-founded NV Homes. NV Homes would go on to acquire Ryan Homes, ultimately rebranding as NVR. Over the years, Reed developed more than 10,000 residential lots and constructed millions of square feet of residential, office, and industrial properties, solidifying his legacy in the industry.
After college, Tim and Trey embarked on their real estate careers, gaining valuable experience working alongside their father. Not long after, they founded Potomac Land Management in 1992, which would later be rebranded as Wills Companies, carrying forward the family’s rich legacy in real estate development.
Wills Companies is a real estate development firm headquartered in the Washington D.C. area. The firm has completed transactions exceeding $2 billion over the course of its 30+ year history. Drawing on this extensive experience, Wills Companies oversees projects from entitlement through stabilization and provides expertise across multiple asset classes.
Wills Companies brings decades of experience in developing a wide range of properties, including residential, commercial, educational, and mixed-use projects, as well as managing raw land transactions. We oversee every stage of the process, from market analysis and financing to construction, leasing, and property management. As a third-generation real estate developer, we combine industry insight with proven expertise to identify opportunities that protect and grow our investors’ returns.
