Newsmakers: Greystar’s Andy Mest On Modular Construction’s Promise, Potential

This series goes deep with some of the most compelling figures in commercial real estate: the dealmakers, the game-changers, the city-shapers and the larger-than-life personalities who keep CRE interesting. For the last six years, Andy Mest, a managing director at Greystar, has been trying to push the multifamily industry in the U.S. forward. His premise of adopting modular, factory-built construction to make the industry more efficient required years of investment and innovation. The effort included convincing the nation’s largest apartment owner to build its own factory in Knox, Pennsylvania, to manufacture steel-framed apartment modules to ship via truck and assemble on-site like Legos. Earlier...