$3.5 Billion in Value Created - How the New Guard is Changing the Chicago Skyline & Beyond episode artwork

EPISODE · Jan 19, 2026 · 1H 22M

$3.5 Billion in Value Created - How the New Guard is Changing the Chicago Skyline & Beyond

from Real Estate Chicago Style Podcast · host Joe Smazal

In this episode of Real Estate Chicago Style, host Joe Smazal sits down with two powerhouses: Adam Friedberg, CEO of Mavrek, and Matt Wilke, Managing Partner of LG Group. Together, these two firms represent over $3.5 billion in real estate value and thousands of residential units. Instead of the "old guard" secrets and cut-throat competition, Adam and Matt discuss a new era of transparency and collaboration. They reveal exactly what is in their pipelines—from office-to-residential conversions on Wacker Drive to massive 700+ unit projects in Phoenix—and why diversification is the only way to survive a shifting market. What You’ll Learn in This Episode: Market Predictions: Why "Build-to-Rent" (BTR) is the hottest asset class and the risks involved with 30-year exits. The Chicago Advantage: Why Chicago’s concrete trades and union labor are significantly faster than those in Nashville or Columbus. Affordability vs. Luxury: A candid look at why "luxury" housing is the only way to drive down overall rents in the city. Diversification Strategy: How to balance high-rise development with boutique neighborhood projects and construction services. Career Advice: Why "picking up the phone" is still the #1 competitive advantage for young professionals today.

In this episode of Real Estate Chicago Style, host Joe Smazal sits down with two powerhouses: Adam Friedberg, CEO of Mavrek, and Matt Wilke, Managing Partner of LG Group. Together, these two firms represent over $3.5 billion in real estate value and thousands of residential units. Instead of the "old guard" secrets and cut-throat competition, Adam and Matt discuss a new era of transparency and collaboration. They reveal exactly what is in their pipelines—from office-to-residential conversions on Wacker Drive to massive 700+ unit projects in Phoenix—and why diversification is the only way to survive a shifting market. What You’ll Learn in This Episode: Market Predictions: Why "Build-to-Rent" (BTR) is the hottest asset class and the risks involved with 30-year exits. The Chicago Advantage: Why Chicago’s concrete trades and union labor are significantly faster than those in Nashville or Columbus. Affordability vs. Luxury: A candid look at why "luxury" housing is the only way to drive down overall rents in the city. Diversification Strategy: How to balance high-rise development with boutique neighborhood projects and construction services. Career Advice: Why "picking up the phone" is still the #1 competitive advantage for young professionals today.

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$3.5 Billion in Value Created - How the New Guard is Changing the Chicago Skyline & Beyond

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How long is this episode of Real Estate Chicago Style Podcast?

This episode is 1 hour and 22 minutes long.

When was this Real Estate Chicago Style Podcast episode published?

This episode was published on January 19, 2026.

What is this episode about?

In this episode of Real Estate Chicago Style, host Joe Smazal sits down with two powerhouses: Adam Friedberg, CEO of Mavrek, and Matt Wilke, Managing Partner of LG Group. Together, these two firms represent over $3.5 billion in real estate value and...

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