Student Housing Business

NOV-DEC 2017

Student Housing Business is the voice of the student housing industry.

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S ince its founding twelve years ago by construction industry leaders Jim Gray and Keith Faver, FaverGray has evolved into a thriving national construction management and general contracting company. As evidenced by the number of repeat clients, even during difficult eco- nomic conditions, FaverGray has consistently delivered high-quality construction services to real estate owners, developers and investors. The company has a well-earned rep- utation for providing turnkey devel- opment management, permitting, financial oversight, design/build contracting and general contracting services that create significant value for its clients. FaverGray's 70-person staff has the expertise and experience across a full scope of commercial real estate, including student housing, affordable housing, multi-family housing, hospitality, office, retail and healthcare projects. In addition, FaverGray's strong relationship with national subcon- tractors, surety underwriters and banking institutions, has enabled the company to successfully handle construction projects throughout the United States. To date, the firm has contracted for over 15,000 beds of student housing, nearly 5,000 units of multi-family apartments, and more than 2,500 units of senior living and hospitality projects, all with a contract value exceeding $1 .1 billion. FaverGray has rapidly expanded its construction reach nationally from its home in Jacksonville Beach, Florida, across 22 states, and has enjoyed steady growth generating record revenues of $240 million in 2016, and is on tract to produce similar revenue in 2017. FaverGray has successfully contracted for over 15,000 student housing beds, over 5,500 apartment units, and nearly1,900 hotel rooms across 17 states within the last 11 years. We have over 90% repeat business with all of our customers demonstrating that FaverGray delivers what we promise. Start building your success with FaverGray. 415 Pablo Ave., Suite 200, Jacksonville Beach, FL 32250 904.208.2023 Building Success. Delivering Value.

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