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.
What this episode covers
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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