GW Properties LLC is a commercial real estate investment and development company based in Chicago. We acquire, finance, develop, construct, lease and manage real estate throughout the Chicagoland area. GW principals have been involved with nearly $500 million of real estate over the last decade and currently have $50 million under development across fifteen projects. GW has acquired properties in a variety of ways, including direct fee simple transactions, loan and distressed sale acquisitions, and through various forms of partnerships and through joint ventures.
Our portfolio includes shopping centers, freestanding retail, restaurants and office buildings, apartments and industrial properties. We invest a substantial amount of our own equity in our projects and serve as the managing member for many other investments with private investors and groups.
Our style and approach to each project is hands-on, which enables us to responsibly safeguard and channel our own resources and that of our investors, lenders and partners. We strive to develop creative solutions to complex issues that may arise. Through conservative underwriting, GW strives to maintain sustainable debt and equity levels as the market changes, which is a benefit to investors seeking comfort in achieving that delicate balance between risk and return
Mitch is a experienced real estate investor/developer who focuses on new acquisition and development opportunities primarily in the retail sector within the Chicagoland area. He’s been involved in the acquisition, development, leasing and disposition of more than one million square feet of retail, industrial and office properties totaling over $200 million in the last decade. Mitch’s experience also includes design, construction, management, financing and overall execution of both short and long term investment plans for each property through implementation of various value added strategies such as leasing stabilization, re-positioning, redevelopment and dispositions.
Mitch has a deep understanding of the real estate business and has cultivated relationships with many of the top local and national retailers, restaurants and professionals in the real estate community. He is the son of a third generation Chicago retailer, so he is able to identify with both the financial and emotional significance of a purchase or sale of family owned properties. He understands that there can be several important factors, beyond money, that need to be considered and satisfied for a transaction to go smoothly and successfully.
Shai is a graduate of Carnegie Mellon University and gained his initial work experience at Merrill Lynch working on the Emerging Markets Fixed Income department focusing on trading strategies for both debt and credit derivatives. He later moved on to work as a Credit Risk Associate at TIAA-CREF analyzing debt, equities and real estate portfolios for the $400+ billion retirement fund. In 2008, he left to form Shai Town Realty Group Inc, a full service real estate brokerage and management firm that grew to over 40 agents. At the same time, he began developing single tenant assets and strip centers for national tenants across the Chicagoland area. He quickly realized that development was both his true passion and a better use of his skills and previous experiences. After working with Mitch on several projects, they recognized the tremendous synergies between the two of them and decided to join forces to create a boutique real estate firm that's now GW Properties.
What We Do
GW Properties works collaboratively with select tenants, brokers, consultants, banks, and attorneys to successfully navigate through every aspect of a transaction. With our collective experience, we can mitigate or avoid many of the common issues that can delay, jeopardize, or just make things difficult in areas such as:
- Contract & Legal
- Environmental & Site Conditions
- Building & Construction
- Financing & Development Budgets
- Zoning & Entitlements
- Architectural & Engineering
- Tenant, Lease, & Management Issues
In addition, GW Properties is internally funded so we are not reliant on outside investors. This affords us certain flexibilities and efficiencies that prove to be critical in every step of the process. The end result is a proven track record of enhanced value for all parties.