Favergray Company

Founded in February 2005 by construction industry veterans Jim Gray and Keith Faver, FaverGray is fast becoming a leading provider of specialized construction management services to real estate owners, developers and investors in the Southeast. The company is capable of providing a full range of services, including turnkey development management, permitting and financial oversight, design/build management and general contracting. Based in Jacksonville, Florida, FaverGray's market focus is primarily in the Southeastern U.S. with an emphasis on building multi-family and general commercial projects. The 27-person firm has expertise and experience across a full scope of commercial real estate, including multi-family, office, retail, industrial, education, healthcare and governmental projects. FaverGray posted sales of more than $25 million in project value in 2005 and recorded sales of $36 million with revenues of $34 million in 2006. FaverGray extended this success with $60 million in revenues in 2007. Supported by an experienced and talented team of construction professionals and a geographically-focused business strategy, FaverGray has the capacity to handle its early growth and projected growth over the coming years. The company expects to maintain annual revenues of between $50 million and $60 million over the next three years. The company's growth is attributable to the experience and expertise of the management team and project managers. Gray and Faver, for example, have more than 50 years combined construction management experience, representing more than $2.5 billion worth of completed construction projects. 2008 FaverGray // 11555 Central Pkwy, FL 32224 Jacksonville // 904.208.2000