Multifamily Real Estate Veterans Launch Magellan Investment Partners
- Oct 08, 2014
Chicago—Magellan Investment Partners (MIP) recently launched, expanding the Magellan Development Group’s reach into the acquisition of multifamily housing investment opportunities across the country.
Magellan Investment Partners, the newest branch of Magellan Development Group, will utilize the extensive and proven strength of its principals and partners in the areas of development, investment and asset management to acquire and renovate multifamily properties in targeted locations throughout the United States.
David Levin, founder of Levin Realty Advisors, will be a principal and serve as Chief Investment Officer; Marc Swerdlow, former president and general counsel at Waterton Associates, will be a principal and serve as chief operating officer; and David Carlins, president of Magellan Development Group, will be a principal and serve as chief development officer.
With more than 75 years of combined experience, Levin, Swerdlow and Carlins plan to leverage their reputations, transactional experience and strong relationships with brokers, owners, lenders and property managers to create a robust portfolio of multifamily properties.