DEVELOPMENT SERVICES
Primarily as an owner or principal, John T. Murphy, Vice Chairman of MB Real Estate, generates development opportunities in the multifamily, hospitality and office sectors across the country. Through sound investment strategies and extensive due diligence, the dynamic development team at MB Real Estate assists with identifying, evaluating and executing the projects by combining sound financial modeling, economic analysis and entrepreneurial creativity. MB Real Estate has assisted with numerous developments owned by affiliates including: Lincoln Park 2550, Hyatt Chicago “The Loop,” the Chicago Motor Club redevelopment into a Hampton Hotel, and the Oriental Theater redevelopment into a 230-unit multifamily apartment project.
   
  CORE CAPABILITIES
Accounting/Control/Reporting

Assembly of Technical Team

Conceptual Schedule and Budget

Environmental & Site Evaluations

Feasibility & Economic Analysis

Financial Structuring & Options
 
Government Approval Coordination

Land Acquisition & Negotiations

Planning, Design & Development

Pro-forma Development

Public Presentations & Negotiations

Value Engineering
 
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