Our Impact
Areas where we are active have seen an increase in jobs, property values, occupancy rates, and tax revenues, all while maintaining the cultural vibrancy of the surrounding communities. To validate the impact, GBX Group has engaged Rutgers Edward J. Bloustein School of Planning and Public Policy to study the economic impacts of GBX’s historic preservation properties in urban markets throughout the U.S. The school is one of the nation’s key centers for the theory, practice, and research of these impacts.
Featured News & Awards
WBTW News 13 Myrtle Beach
April 18, 2025MYRTLE BEACH, S.C. (WBTW) — An iconic piece of Myrtle Beach’s past is roaring back to life in a very modern way. The 62-year-old Waikiki Village Motel along South Ocean Boulevard has been fully renovated into workforce housing. The project — called Edge Apartments — looked to keep the building’s historic look while keeping up with current demand and new improvements happening around the city. Jeff Proreschi, acquisitions director for GBX Group and part of the renovation team, said if not for the work, the landmark may have been lost forever.
WMBF News Myrtle Beach
April 18, 2025MYRTLE BEACH, S.C. (WMBF) - For years, Myrtle Beach leaders have been trying to bring more affordable, workforce housing to city limits. Now, one development group has accomplished that goal in a unique way. Waikiki Village on Ocean Boulevard was once a motel, but has since been transformed into a workforce housing building called The Edge Apartments. “We want to keep this building here forever, we don’t want it to get torn down,” said Jeff Prioreschi, Director of Acquisitions for GBX Group, which bought the property.
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GBX has a diverse portfolio of historic commercial real estate throughout the US. We work with developers, landowners, JV partners and prospective tenants and invite you to connect with us for current opportunities.
We invite you to explore our current opportunities and learn more about working with GBX Group - our vision, mission, and values, and comprehensive benefits.
A GBX Group company, Silverlode Consulting was founded in 2002 by leaders of EY’s and PwC’s consulting practices. We measure and communicate the economic and fiscal impacts of organizations across the globe.