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Economic Impacts - nebf.com

NEBF and NEAPE conomic Impacts of Real Estate InvestmentsJUNE 2021 CONTENTSA cknowledgements .. 2 Executive Summary .. 3 Introduction .. 5 Background .. 8 Real Estate Investment Managers in the Study .. 13 Economic Impact Methodology .. 18 Economic Impact Results..25 Conclusion..33 Appendices .. 34 ACKNOWLEDGEMENTSNEBF and NEAP engaged Alec Josephson, senior economist, and president of Pinnacle Economics, to prepare this Economic impact analysis. Pinnacle Economics specializes in measuring Economic , fiscal and socioeconomic Impacts and its earlier, extensive work with BentallGreenOak, AFL-CIO Housing Investment Trust and Ullico using input-output modeling to measure the Impacts of real estate investments established a framework and methodology for this report. NEBF and NEAP are grateful for the analyses, contributions, comments and inputs provided by the real estate investment managers and their staff who participated in this report, including AFL-CIO Building Investment Trust (BIT), AFL-CIO Housing Investment Trust (HIT), ASB Real Estate Investments (ASB), BentallGreenOak, National Real Estate Advisors (National), and Ullico.

the International Brotherhood of Electrical Workers (IBEW). Worker photos on pages Cover Photo: National Real Estate Advisors, 13, 24, 33, back cover provided by HIT. Sheraton Grand at The Bloc, Mixed-Use, Los Angeles, CA For more information on this report, please contact: Monte Tarbox Executive Director, Investments National Electrical ...

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• A collective bargaining agreement with the International Brotherhood of Electrical Workers (IBEW) or one of its Local Unions, or • A signed participation agreement with NEBF. Section 2 — Participating in NEBF. You become a Participant in NEBF on your first day of Covered Employment. Your hours

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