News: Brokerage

Outside the Region: Gilbane Development Co. appoints Resetco as new senior development director

Arlington, VA Gilbane Development Co. has appointed Jeff Resetco as senior development director.  Resetco will enhance Gilbane’s capacity to develop student housing from a national platform in targeted markets, both on- and off-campus and through a variety of transactional structures, including joint ventures and public private partnerships. 

Prior to joining Gilbane, Resetco was a senior director with EdR/Greystar, where he oversaw the development of several P3 on-campus developments, including Southside Commons at Lehigh University, north campus residential and dining at South Carolina University, a live-learn residence hall and dining facility at UMass-Dartmouth, Maplewood graduate housing at Cornell University, as well as freshmen residence halls at West Chester University, East Stroudsburg University and Shepherd University. Resetco was also responsible for award winning off-campus developments, including 929 graduate student housing at Johns Hopkins Medical Institute, four phases of the mixed-use development, The Oaks on the Square, Storrs Center at the University of Connecticut, and 605West – graduate student housing at Duke University. Prior to joining EdR, Jeff was responsible for managing design and construction aspects of office, multifamily and hospitality projects for the Peterson Cos., including a major role in the development and construction of National Harbor. He formerly was a senior associate at IBI Group-Gruzen Samton Architects in New York City, where he managed major educational and multi-family projects in New York and New Jersey. He received his master’s in architecture from North Carolina State University and his B.S. in architecture from the University of Maryland.

“Jeff’s proven experience and skill set align very well with our long-term objectives in the student housing and public private partnership markets,” said Russell Broderick, senior vice president and head of GDCO’s “Next Level of Student Housing” development team. “We are delighted to welcome Jeff to the Gilbane family.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.