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...
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 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...
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...
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...