News: Spotlights

2023 Year in Review: Matthew Combs, Erland Construction, Inc.

Matthew Combs
Advanced Tech./Life Sciences General Manager
Erland Construction, Inc.

What person, project, transaction, or market trend had the greatest impact on your industry this year? Interest rates had a major impact on construction this year, indicating the FED’s success in curbing inflation. Unfortunately, this has led to a slowdown in work, stalling numerous projects. The silver lining is that it’s seen as a correction, not a crash, and optimism is high that projects will recommence.

How has your career path changed in 2023? This year, I assumed oversight of the advanced technology/life sciences group. In this new role, I’ve been able to pursue and contribute to meaningful projects that positively impact our lives. I also appreciate having more time to nurture the development of my colleagues, fostering a collaborative and supportive work environment.

What emerging trends will drive investment and development in 2024? Interest rates, enforcement of new code changes, and government investment in strategic programs.

MORE FROM Spotlights

The New England Real Estate Journal presents the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
READ ON THE GO
DIGITAL EDITIONS
Subscribe