New multifamily CRE firm enters Chicago, KC markets

Specializing in the multifamily sector, Mid-Markets Group Real Estate Advisors (MMG) has launched in the Midwest. Alex Blagojevich, based in Chicago, and Michael Sullivan, based in Kansas City, will lead MMG as founding partners and executive managing directors.

The pair have worked with portfolios of all sizes and regularly handle multi-state transactions.

“Demand for multifamily properties remains strong, and we see this as an optimal time to begin expanding our independent footprint,” Sullivan said. “We pride ourselves on helping property owners minimize risk and maximize opportunity by using an elevated, cohesive approach to the acquisition and disposition process. We understand the nuances of multifamily sales, and we create negotiating leverage by marketing to many qualified buyer prospects simultaneously. This results in multiple-offer situations and premium pricing for our clients, and we expect it to serve as a catalyst for sustained growth in the short- and long-term.”

MMG aims to take a detailed, strategic approach to every assignment and create the highest quality marketing materials, tailored to each property and market. The team brings more than 50 years of collective brokering experience and a vast, nationwide network to its new venture.

“We’ve put together a talented team that delivers exceptional service to our clients, and that’s just one of the secrets to our success. We have the knowledge and resources to support clients every step of the way,” Blagojevich said. “We don’t believe in one-size-fits all solutions. Rather, every client, every asset and the ultimate objective for each listing is unique. By customizing each solution so that it is aligned with the client’s objectives, we’ve successfully helped hundreds of property owners meet or exceed their goals.”

Prior to launching MMG, Sullivan and Blagojevich led the Berkadia mid markets brokerage team. By leveraging an aggressive approach despite difficult market conditions, they closed more than $935 million in gross sales.

“Coming off of a challenging year has only ignited our passion for amplifying our ability to deliver outstanding client service,” said Sullivan. “We look forward to maintaining and increasing our momentum in 2021, leveraging our one-of-a-kind, full-service approach to consistently exceed clients’ expectations and deliver profitable outcomes.”