Elion is pleased to announce the expansion of its operational capabilities with the appointment of Vincent A. Griffith as our new Director of Development, effective January 31, 2019. He has joined the firm’s project management team and now oversees new development and redevelopment activities. Vincent will leverage his specialization in design and construction, bringing experience from The Related Companies L.P. as a Project Manager in the U.S. Southeast region.
Prior to The Related Companies, Vincent served at Coastal Construction Group as a Construction Project Manager. Throughout his career, he has overseen a variety of projects in a robust set of asset classes, including light industrial, hospitality, and high-end retail developments such as the Miami Design District. He also brings legal expertise as a licensed attorney with experience in real estate transactions, corporate contracts and litigation.
In the current environment, partners of real estate investment firms are increasingly looking to invest in robust teams that bring fiduciary expertise coupled with operational experience. This is why we have built a diverse team at Elion Partners. We believe that recruiting and retaining talent with various types of industry-specific experience is the key to success in the current investment environment. Our team is not only engaged in the day-to-day management of our properties, but this approach ensures that they have a deeper understanding of how to assess the value of an asset and drive appreciation.
What’s more: we combine our approach to investing with offerings in real estate development, so we are truly vertically integrated. Recently, we’ve seen the most opportunity for industrial in core regional distribution markets and urban last-mile opportunities located in demographically significant submarkets.
We look forward to the value Vincent will add to our construction and development team.