2026 Spring Preview: Kenneth Nitz, The United Group of Companies, Inc.

What projects, initiatives, or types of work are currently keeping your team busiest? Right now, we have projects in all stages and phases of construction and development. And as we progress through the projects in our current pipeline, we are always looking for new opportunities. So, we are very busy! Currently, we are wrapping up a multifamily and commercial project in Troy, NY which features 40,000 s/f of commercial space and 87 residential units. We also have two active adult projects, The Arbella at Blue Hills in Bloomfield, Conn. and Terracotta Terrace in Casselberry, Fla., in the early stage of construction and progressing extremely well.

What opportunities or challenges do you see shaping the commercial real estate landscape over the next several months? The commercial real estate landscape continues to present both challenges and opportunities. Key challenges include financing constraints, evolving regulatory requirements, environmental considerations, and navigating complex approval processes. At the same time, the ongoing housing shortage remains a significant opportunity for developers, as supply is unlikely to meet demand in the near term. When deciding where to develop, our company focuses on a strategic, market-driven approach to mitigate risks while positioning projects for long-term success.