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New Study Tracks Commercial Real Estate’s Impact on US GDP

New Study Tracks Commercial Real Estate’s Impact on US GDP

by Phil Hall | Feb 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Commercial real estate contributed $2.5 trillion to U.S. gross domestic product (GDP) during 2023, according to the newly released Economic Impacts of Commercial Real Estate research study by the NAIOP Research Foundation. The study determined that the combined...
Construction Begins on $76 Million Apartment Development in Georgia

Construction Begins on $76 Million Apartment Development in Georgia

by Phil Hall | Jan 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

ECI Group and its joint venture partner The Griffin Fund have begun construction on The Averly Collins Hill, a $76 million apartment development in Lawrenceville, Georgia. The new development covers 22 acres and will encompass 300 units spread across eight three-story...
Russell Square Secures MEP Licenses for California

Russell Square Secures MEP Licenses for California

by Phil Hall | Jan 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Russell Square Inc., a construction and development company focusing on the multifamily sector within the western half of the country, announced it has officially obtained its Mechanical, Electrical, and Plumbing (MEP) licenses in the state of California. With the...
Carnell Elliott Named SVP of Sales at Built

Carnell Elliott Named SVP of Sales at Built

by Phil Hall | Jan 22, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Built, a Nashville-based provider of construction and real estate finance software, has named Carnell Elliott as senior vice president of sales. In his new role, Elliott will oversee all sales functions across Built’s lender, owner, and contractor segments. He will...
Harrison Levy Named Construction Director at Belfonti Companies

Harrison Levy Named Construction Director at Belfonti Companies

by Phil Hall | Jan 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hamden, Connecticut-based Belfonti Companies, a real estate development and investment firm, has hired Harrison Levy as director of construction. In his new job, Levy will be responsible for the new development component of the company’s portfolio, providing...
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