Solana Beach-based Xpera Group, which provides construction and related real estate consulting services, has launched a new economic and market research division, led by locally based real estate economist Alan Nevin.

Nevin’s research and consulting career includes more than two decades with locally based ConAm Management Co. and 14 years with MarketPointe Realty Advisors. For the past two years, he was affiliated with San Diego consulting firm The London Group.

Among past work with other industry groups, Nevin has also served as chief economist for the California Building Industry Association.

Xpera Group founder and President Ted Bumgardner called the hiring “a major coup” for the company because of Nevin’s national reputation in real estate economics and litigation support.

“We anticipate that this division will expand substantially as the economy recovers,” Bumgardner said in a statement.

— SDBJ Staff Report