Larken Associates Marks Ongoing Expansion of In-House Construction Department with New Hire

BRANCHBURG, NJ 02/08/2021
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Larken Associates announces the hiring of Emilio Valdo as Senior Estimator. Valdo joins Core Enterprises, Larken Associates’ in-house, full-service construction team, and will assist with the company’s rapidly growing development pipeline and third-party construction projects.   

Bringing nearly 25 years of construction estimating experience to his role with Larken Associates, Valdo will work closely with Larken Associates and Core Enterprises’ senior leadership team to ensure cost-effective planning and delivery of projects. Valdo will deliver a full range of estimating services including resource and asset management, P&L and budget analysis, bidding, quotes and proposal assistance, procurement and cost reductions, and risk assessments. Throughout his career, Valdo’s organizational and communications skills have been trusted by notable construction firms such as Noble Construction Group, DPR Construction, Phelps Construction Group, Merritt Construction Services and Turner Construction Company.

Core Enterprises was established in 2010 to bolster Larken Associates’ development capabilities with a full suite of in-house, end-to-end residential and commercial construction services. The division also executes third-party construction jobs across New Jersey, Pennsylvania and New York. Valdo will further enhance Core Enterprises’ staff of highly experienced and detail-oriented project managers, project supervisors, carpenters, interior designers, estimators and other construction professionals who can expertly execute even the most complex construction projects.

“In such a competitive development market, the ability to streamline and find efficiencies within the construction process has never been more important,” said Lenny Tartamella, Chief Operating Officer at Larken Associates. “As we continue to grow our development pipeline, we know that having the right people in place will be crucial to our continued success. We are excited to bring Emilio on board and we are confident that we can lean on his experience and knowledge as we continue to bring unique and exciting projects to life.”  

Currently, Core Enterprises is overseeing construction on Larken Associates’ robust pipeline of multifamily residential rental projects across New Jersey and Pennsylvania totaling 1022 units across five communities. The development pipeline includes the nearly-completed 198-unit luxury multifamily community Autumn Ridge, in Lopatcong, NJ, as well as two projects where Core Enterprises recently broke ground: The Reserve at Crosswicks, a 272 market-rate and affordable residential rental community in Bordentown, NJ, and Hillsborough Village Center, a mixed-use project comprised of 191 luxury market-rate and affordable apartments and approximately 28,000 square feet of ground-level retail space for lease. Additionally, Core Enterprises is overseeing the construction of The Oaks at Copper Chase, a new 107-unit residential complex being constructed on the site of the 132-unit The Reserve at Copper Chase, a York, PA residential community Larken Associates acquired in 2019.

In addition to their work on Larken’s residential pipeline, Core Enterprises also provides construction support to Larken Associates’ three-million-square-foot commercial portfolio to complete capital improvement work, turnkey repositioning and redevelopment, and tenant fit-outs, as well as conduct preventative maintenance and inspection services, electrical, HVAC, plumbing, and lighting repairs and seasonal maintenance.

About Larken Associates
Larken Associates is a regional leader in commercial and residential real estate building, development and management. Leveraging over 50 years of experience, they are dedicated to bringing great spaces to live and work to life through a long-term ownership strategy and full suite of in-house capabilities. With a diverse commercial portfolio consisting of nearly three million square feet and 800 tenants across office, industrial, retail and mixed-use and approximately 2,000 owned and/or managed residential units across 22 unique communities, Larken Associates’ is deeply committed to the communities in which they work as well as the tenants and residents who call their buildings home. To learn more about Larken Associates, please visit us at https://www.larkenassociates.com/ and follow us on LinkedInFacebookTwitter, and Instagram.