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SAN DIEGO-Locally based Gafcon Inc., a construction management and real estate consulting firm, has formed an economics division that will serve as an advisor to both public and private entities. In rolling out the economics group, Gafcon has tapped senior financial analyst Jeff Graham to head the division.According to the firm, its new group will offer services including “market research and analysis, highest- and best-use studies, economic and fiscal impact studies, public/private partnership structuring, financial modeling and urban development.” Besides its consulting services, Gafcon utilizes its construction division to build many of the projects it advises on–with many of those focused on private and public partnerships for mixed-use projects. One such project is the plan to remake the San Pedro waterfront, a $704-million waterfront that includes an open park space, a grand promenade, retail and water taxis. For years, revitalization plans had fallen through, but Gafcon teamed with Ehrenkrantz, Eckstut & Kuhn Architects in crafting design plans that were able to pass muster with city officials and local residents last fall. Over the next year, the development group will continue pushing for permits and approvals that will make way for the project that includes 400 acres and eight miles of waterfront. Jeff Graham will lead the efforts in analyzing similar future projects. Graham has more than 20 years of financial and market analysis experience in real estate investment and developments that exceed $6 billion in value. Joining Graham will be Sanford Goodkin, who counts 49 years of experience in real estate consulting and analysis, including studies relating to more than $65 billion worth of real estate development. Goodkin made his name through analyzing master-planned communities, elderly housing and the nation’s earliest exchanges with Japan and China.

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