Iconic 448-Unit Multifamily Development in Chicago’s South Loop Neighborhood

Golub & Company is pleased to announce the leasing of the reimagined River City Apartments, an iconic landmark located in the heart of Chicago’s South Loop neighborhood. Owned by The Wolcott Group and designed by the visionary architect Bertrand Goldberg, the innovative development, boasting a rich history, has been thoughtfully revitalized to blend the best of the past with a vision for the future.

Originally conceptualized by Goldberg in 1986 with a unique serpentine design, River City Apartments has undergone a contemporary transformation. Once apartments, then converted into condos, and now renovated back into apartments, the building has endured the test of time. Goldberg’s original vision was to create a self-contained urban oasis — a dynamic environment where residents could live, work, play, and learn.

River City Apartments offers a range of living options, from studios to townhomes and penthouses. Each unit is designed with contemporary living in mind, featuring quartz countertops, uniquely sculpted tiles imported from Spain, and premium Symmons fixtures. Residents also enjoy the convenience of an in-unit washer/dryer, access to private and shared outdoor spaces and parking.

“River City Apartments stands as a testament to architectural innovation and urban living. We are excited to lease this property to the community, offering a modern and vibrant living experience that pays homage to its rich history,” said Kristin Nason, Vice President of Golub & Company.

For leasing inquiries and more information, please visit https://rivercityapartments.com/.


168-Unit Multifamily Development in Chicago’s Gold Coast Neighborhood

Golub & Company, a vertically-integrated firm specializing in real estate development, operation, and investment, proudly announces its latest endeavor: the management and leasing of 21 East Chestnut. This 168-unit multifamily development offers an attractive mix of contemporary studio and one-bedroom units.

Nestled within the established and sought-after Gold Coast neighborhood of Chicago, 21 East Chestnut is ideally positioned amidst access to public transit, premier shopping destinations, and an array of dining options. This prime location places residents at the heart of it all, mere steps away from some of Chicago’s most renowned parks, outdoor spaces, and cultural attractions, including Lake Shore Park, the Lakefront Trail, City Gallery in the Historic Water Tower, the iconic Magnificent Mile, Oak Street Beach, and the Museum of Contemporary Art.

21 East Chestnut offers a modern, vibrant design, complemented by sleek community amenities. These include a fully furnished rooftop pool and sun deck, offering panoramic city views, a modern fitness center, and a co-working lounge equipped with individual pods to ensure privacy.

Beyond its core expertise as an owner and developer, Golub & Company excels in providing comprehensive property management services for both residential and commercial properties. Our comprehensive suite of management services includes: Leasing, Cutting Edge PropTech, Competitive Rent Analysis, Project Management, Maintenance, Marketing and Communications, Monthly Accounting, and Financial Reporting.

Steve Sise, Chief Operating Officer of Golub & Company, emphasized the company’s dedication to excellence, “Golub offers top-tier property management and leasing with a sharp focus on fostering exceptional resident relations. We bring a deep knowledge of the intricacies of property management and are committed to delivering outstanding service to 21 East Chestnut.”

Golub & Company and FORMATIV Break Ground on First Phase of Transformative 17-Acre Mixed-Use Development at Denargo Market

Phase I commences Sept. 28 with 4+ acres of public realm improvements, green space, activated pedestrian plaza, new sport courts, and more.

DENVER – Sept. 28, 2023 – Joint venture partners Golub and FORMATIV, today, celebrated the groundbreaking of the initial phase of development at Denargo Market. This first phase, focused on infrastructure improvements and the public realm, will bring 4+ acres of open space and much-needed amenities to the area. This phase is crucial for the future placemaking at Denargo Market. When fully built out, the 17-acre mixed-use development will provide office, residential, retail and hospitality woven together by a new, world-class public realm all situated along Denver’s South Platte River.

“We all want a city that is vibrant,” said Mayor Mike Johnston. “That means that it is active, engaged, where people are present and enjoying all the city has to offer. Denargo Market will add that vibrancy to this neighborhood and to downtown. As part of our goals on climate, we want more density, we want more walkable, bikeable neighborhoods. These residences will be easy to walk to, bike to, or stroll to work if you’re downtown or in the RiNo area. All of those are critical long-term goals, that are about making sure we bring development that expands the greatness of the city and the goodness of the city.”

Zoned for over 3 million square feet of development, Denargo Market, which lies just north of downtown Denver, will be a significant addition to Denver’s skyline. Ample public-facing amenities and public open spaces woven throughout the site are designed to maximize the Colorado lifestyle and invite everyone to gather and play.

The mixed-use development at Denargo Market features build-to-suit and campus opportunities for businesses seeking to be at the center of the dynamic development. Office opportunities range from 200,000 SF to 1.5M SF. residential and hospitality developments are slated to be strategically positioned throughout, and key to the vision will be 80,000 SF of captivating retail that will provide day-to-night activation.

“Today marks the start of improvements to the public realm that will come to define the Denargo Market experience,” said Laura Newman, Vice President of Investment & Development at Golub & Company. “Designed as a true community gathering space, we’ve intentionally protected mountain and city views, open green spaces and riverfront accessibility to ensure these vital elements will forever be part of the public experience at Denargo Market; we’re thrilled to be kicking off that work today.”

Horizontal improvements begin with extensive environmental remediation of a historic landfill, followed by the installation of underground wet and dry utilities, stormwater management, and a new street network with sidewalks, lighting, and protected/elevated bike lanes. Upon delivery, these improvements will strengthen connections between Brighton Boulevard and the South Platte River, making this area pedestrian-centric once again.

The public open space and amenities delivered as part of this phase will include new sport courts, a revamped dog park, an activated pedestrian plaza, a half-acre great lawn and splash pad, as well as a nature-based playground and one of the largest interactive public art installations in Denver. Through a partnership with Denver Urban Gardens, the development will also be home to a new community garden. When complete, these horizontal improvements will result in development pads that are virtually plug-and-play for future vertical development at Denargo Market.

“Developing 17 acres of prime riverfront space here in Denver is a once-in-a-lifetime opportunity and the culmination of years of development work in this area for our team,” said Sean Campbell, CEO of FORMATIV. “This is the largest infill taking shape in Denver right now, and it will be a game-changer for inclusivity in our city. Denargo Market will undoubtedly become a place where businesses want to establish their offices, residents chose to live, and Denverites will spend their nights and weekends; it’s incredible to see this vision begin to take shape.”

Sasaki is serving as the landscape architect and Swinerton as the general contractor on the public realm improvements, which are slated for completion in summer 2025. Additional project partners include Martin & Martin as civil and structural engineer, Denver Parks & Rec – a public/private partnership to enliven the South Platte River frontage – and CBRE and Sullivan Hayes for Office and Retail Leasing, respectively.

Planning for the vertical phases of Denargo Market is well underway. The first development, which broke ground in January of this year, is an affordable housing community made possible by the donation of land by the ownership group. The 56-unit community is being developed by Pennrose with services provided by TGTHR, a Boulder-based organization that provides supportive housing for youth ages 18-24 who are experiencing homelessness.

“Starting with the public realm improvements and the incredible affordable housing project with TGTHR was intentional; this ensures Denargo Market will be a sustainable place that welcomes everyone in our city to live, work, and play,” added Newman.

Earlier this month, the City of Denver’s Planning Board also advanced Golub & FORMATIV’s proposed 16-story, 380-unit multifamily community near the intersection of Denargo Street and Delgany Street. In keeping with the development’s prioritization of connections to nature and community, the project will feature protected mountain views to the west, city views to the south, private balconies, a pool and rooftop lounge, as well as nearly 4,000-square-feet of activated ground-floor retail. That project is set to break ground in Q1 of 2025.

For the latest Denargo Market updates, renderings and multimedia assets, please visit www.DenargoMarket.com.


Celebrating the Life of an Advocate for Women in Real Estate and Raising Funds to Support Emerging Female Leaders

Chicago, IL — On September 14, 2023, the real estate community came together at “Debbie’s Buck-It Bash,” in a heartfelt tribute to the late Debbie Frank. The event, attended by over 300 guests and generously supported by more than 40 corporate sponsors, commemorated Frank’s enduring legacy as a leader and staunch champion for women in the real estate industry.

Debbie Frank, whose spirit was described as ‘unbridled awesome,’ worked in Golub & Company’s commercial leasing division for a notable 14 years. She was both a force of nature and a beacon of light in local commercial real estate, and her legacy is characterized by her commitment to empowering women throughout the industry.

Buck-It Bash serves as the flagship fundraising initiative for the Debbie Frank Legacy Fund. While paying homage to her memory, this vibrant event helps carry forward her vision and influence; inspiring upcoming generations of women in real estate.

The Debbie Frank Legacy Fund donates annually to organizations that prioritize education, mentorship, and community engagement. Among the beneficiaries are the scholarship programs offered by CREW Chicago and The Goldie Initiative, organizations that closely embody the values dear to Debbie’s heart.

To date, the fund has disbursed over $150,000 in support of ten promising women pursuing graduate degrees in real estate.

Paula Harris, Managing Principal at Golub & Company, shared her sentiments, “We will always feel Debbie’s inspiration and energy in our lives and, for the second year in a row, we have honored her memory by following her lead; supporting women as they explore their own potential within the real estate sector.”

Photos from this heartfelt event, hosted at Joe’s Bar on Weed Street, can be viewed online at www.debbiefranklegacyfund.com/gallery.Top of Form


About Debbie Frank

A graduate of the University of Texas and Kent College of Law, Debbie enjoyed a compelling 22-year career in commercial real estate, spending her last years as senior vice president of leasing for Golub & Company. Throughout her career, she was known for having great energy and empathy. She was a proactive problem-solver and prolific relationship-builder.  Debbie died from cancer at the age of 44 in December 2020, leaving behind a husband and young daughter. Her family, friends, colleagues and peers remember her for her unique personality, brilliance, sharp sense of humor and boundless compassion.

Debbie always advocated for the advancement of women in the industry and was a mentor to many professionals, both within Golub and in the greater Chicago commercial real estate community. She was a member of CREW Chicago (Commercial Real Estate Executive Women), COLBA (Chicago Office Leasing Brokers Association), and the Goldie Initiative. The Debbie Frank Legacy Fund aims to capture her commitment of boosting others and helping women achieve great things in their lives and careers. More information: www.debbiefranklegacyfund.com.

About Golub & Company

Since its founding in 1960, with three generations of family working in the business, Golub & Company has built a strong reputation as a trusted co-investor and developer with its many institutional and private capital partners. Golub and its affiliates have owned, leased, or managed more than 50 million square feet of commercial, mixed-use, and multifamily real estate properties, including 45,000 residential units, valued in excess of $10 billion located across the United States and internationally. More information: www.golubandcompany.com.

About CREW Chicago

CREW Chicago is the preeminent organization for senior-level executive women in the Chicago real estate field. As part of CREW Network, with its robust global membership, CREW Chicago is dedicated to advancing the success of women in commercial real estate. Since 1987, CREW Chicago has connected commercial real estate professionals and created a dynamic and supportive environment to promote advancement and encourage our members to be a force of activism and involvement in our communities. CREW Chicago pushes the boundaries in every facet of commercial real estate, aiming to create more opportunities for women in commercial real estate.

CREW Chicago annually awards scholarships for graduate and junior or senior undergraduate students majoring or concentrating in real estate or related real estate fields. The scholarships are awarded to well-rounded candidates, with a focus on academics and community service, and are intended to help qualified students pursue an education that will lead them into productive careers in Chicagoland’s commercial real estate community, with active participation in CREW Chicago. CREW Chicago has added the Debbie Frank Legacy Fund Scholarship as an expansion of its program. More information: www.crewchicago.org.

About The Goldie Initiative®

The mission of The Goldie Initiative is to prepare women for senior leadership roles in all sectors of commercial real estate. The Goldie Initiative does this by providing scholarship support for graduate study, mentorship and networking opportunities to women with high potential who are committed to becoming the leaders in the real estate industry. More information: www.goldieinitiative.org.

Real Estate Expertise Delivered: Third-Party Management Services

Golub & Company is uniquely positioned to provide comprehensive third-party management services to investors, institutions, and lenders. 

Golub & Company excels at solving problems, and we understand that in today’s landscape, lenders, servicers and LP’s expect timely solutions for the challenging issues the real estate industry faces. By harnessing our in-house team of experts and leveraging our resources across all facets of the real estate industry, our team provides ownership-quality services. From creating business plans to marketing a property to improving operational efficiency, our understanding of the industry results in an approach that can move your business forward. 

Beyond our core activities of real estate development and ownership, we leverage our extensive expertise to extend a range of third-party management services to property owners. These encompass an array of offerings, including but not limited to property management, asset management and strategic leasing solutions.

“Our talented and experienced team is equipped to provide innovative solutions tailored to your property’s needs. Golub brings with it a history of outstanding performance and a proven, time-tested strategy in delivering third-party services. We deliver results.”

– Steve Sise, Chief Operating Officer

If you are interested in exploring the possibilities of partnering with Golub for your property, we welcome you to contact Steve Sise at ssise@goco.com.

Debbie’s 2023 Buck-It-Bash

You’re invited to join Golub & Company for Debbie’s 2023 Buck-It Bash, a joy-filled evening of music, dancing and laughter — an appropriate tribute to Debbie Frank, a woman who was uniquely effervescent, hilarious and sparkly.

Proceeds from this event, the primary fundraiser for the Debbie Frank Legacy Fund, support the professional development of women in real estate. As an initiative of the Golub Family Foundation, the Fund will contribute annually to organizations that are dedicated to education, mentorship, and community involvement. 

Since 2021, the Debbie Frank Legacy Fund’s primary beneficiaries have been the impactful scholarship programs offered by CREW Network Foundation and The Goldie Initiative. ​           

Event Details:

Thursday, Sept. 14th
5:30 pm – 9:30 pm

Joe’s Bar on Weed Street
940 W. Weed Street
Chicago IL 60642

Click HERE to learn more and purchase tickets.


The Mixed-Use, Multi-Family Development Will Open in 2024

A joint venture between real estate development and investment firms Golub & Company, AB Capital LLC, Atlanta entrepreneur Thierry François and a MetLife Investment Management-advised client has recently broken ground on BRYKS Upper Westside. Construction of the project is underway, and the first phase of the community is slated to open in the third quarter of 2024.

Located at 2200 Marietta Blvd NW in the rapidly growing Upper Westside submarket of Atlanta, the 5.8-acre development will feature retail spaces and two separate and distinct apartment buildings, joined together by a common plaza. The residential development includes a variety of 576 multi-family units consisting of studios, one-, two- and three-bedroom apartments. The joint venture has partnered with architecture and design firm Lord Aeck Sargent and general contractor New South Construction.

“We’re excited to enter the Atlanta market as we continue to expand our investments in the Southeast, and with the vast amount of growth we’ve seen on the west side of Atlanta, we feel that this project comes at the perfect time,” said President and CEO of Golub & Company, Michael Newman. “We anticipate that this area will continue to flourish in the coming years and look forward to offering our future residents the opportunity to be right in the center of it all.”

BRYKS Upper Westside will reflect the area’s industrial roots and character, offering spectacular skyline views from each building. The development will provide state-of-the-art living for its residents, including top-of-the-line amenities such as a pool, dog park, fitness center, co-working and lounge spaces as well as retail opportunities for an immersive community experience. Conveniently located, the development sits amidst local hotspots including Westside Village, Publix-anchored Moores Mill Center, Scofflaw Brewing, Top Golf and The Works.

“When entering this joint venture, we assessed the situation strategically, ensuring that all parties involved along with the Bolton Neighborhood and the greater community will greatly benefit from this mixed-use development,” said Senior Vice President of Acquisitions for Golub & Company, Adam Short. “The area’s revitalization along with its close proximity to Buckhead, Vinings and West Midtown make BRYKS Upper Westside a prime location to live, work and play.”

In addition to Michael Newman and Adam Short, Golub & Company enlisted the expertise of Senior Vice President of Development Bruce Armstrong, Vice President of Asset Management Alex Newman, Vice President of Design & Construction Joel Sandridge and Senior Development Manager Tony Bonavolonta.

Prairie Shores’ Multimillion-Dollar Community Clubhouse Opens In Bronzeville

BRONZEVILLE — Prairie Shores’ new community hub has opened more than a year after breaking ground.

The 17,541-square-foot complex at 2937 S. King Drive was unveiled Thursday at a ribbon-cutting ceremony. Representatives from Farpoint Development, Golub Development, Ald. Sophia King’s 4th Ward office and Rep. Kam Buckner were on hand to mark the occasion.

The facility boasts two workout studios, three tv lounges, study rooms and an oversized outdoor deck with a grilling station. It will also house the development’s leasing office.

The hub’s open floor plan is designed to inspire community and fellowship, from the earth tone couches and loveseats in the TV lounges to the second-floor bar where residents can shoot pool or play foosball on the rooftop deck, developers said.

The clubhouse is part of an initiative to modernize the 65-year-old housing development, which was built in 1957 and bought by Fairpoint and Golub in 2019. The developers have been renovating the five-building, 1,675-unit complex in phases, completing work on 150 units in 2021.

Known for its history of connecting middle- and working-class denizens of Black Chicago, Prairie Shores’ upgrade dovetails with other efforts to revitalize the area, including Bronzeville Lakefront, a multi-year, multibillion-dollar project of which Farpoint is a partner.

David Rudd, vice president and senior counselor for Rudd Resources, said he remembers moving into his Prairie Shores studio after graduating from Northwestern University to start his journalism career at the Tribune. He feels fortunate to be part of its renaissance, he said.

“It was my first time on my own, and Prairie Shores was a great place to live. Affordable, close to Downtown. … I have great memories here,” Rudd said.

Seeing the finished product gives Cheryl Bynum, a resident of the building, a sense of pride, she said.

The retired chemist was one of the longtime residents who worked with the development team on the concept, offering input on what would work best for the community. Bynum said she looks forward to getting to know her neighbors better and not having to scramble to find a place to host gatherings for friends and family or a meeting space for the organizations for which she volunteers.

“When I saw the space yesterday, I was in awe. It’s everything. The attention to detail, the art, the interior design. I’m so grateful,” Bynum said.

Link: Prairie Shores’ Multimillion-Dollar Community Clubhouse Opens In Bronzeville

‘Debbie’s Buck – It Bash’ Raises Funds To Support Emerging Women Leaders In Real Estate

CHICAGO, IL (JUNE 6, 2022) – With over 425 guests and more than 50 Corporate Sponsors, the inaugural “Debbie’s Buck-It Bash”, the primary fundraiser for the Debbie Frank Legacy Fund, was a huge success. The Fund, an initiative of Golub & Company and the Golub Family Foundation, supports organizations dedicated to providing education, mentorship, and community connection for emerging women leaders in real estate.

The late Debbie Frank, known for her “unbridled awesome,’ directed Golub & Company’s commercial leasing group for 14 years. She was a force of nature, a beacon of light, and a respected and accomplished leader in the Chicago-area commercial real estate community who spent a significant amount of time mentoring other women in the industry.

The Fund is donating $100,000, in her name, to support educational scholarships through two organizations: CREW Chicago and The Goldie Initiative. $25,000 will be awarded to each of four deserving women pursuing their graduate degrees in real estate.

“While we will always miss the inspiration and vibrancy Debbie added to our lives, I believe we have created something special that will keep her legacy of support for women in this industry alive,” said Paula Harris, managing principal, Golub & Company. “We are excited to help the scholarship recipients find their own “unbridled awesome’ just as Debbie did during her short life.”

Next year, Debbie’s Buck-it Bash will be held on Thursday, September 14, 2023. For more information, be sure to visit www.debbiefranklegacyfund.com.

About Debbie Frank

A graduate of the University of Texas and Kent College of Law, Debbie created a compelling 22-year career in commercial real estate, including most recently as senior vice president of leasing for Golub & Company. Throughout her career, she was known for being a proactive problem-solver and relationship-builder with great energy and empathy. Debbie died from cancer at the age of 44 in December 2020, leaving behind her husband, young daughter and numerous family members, friends, colleagues and peers who remember her for her brilliance, unique personality, sharp sense of humor and boundless compassion.

Link: ‘Debbie’s Buck – It Bash’ Raises Funds To Support Emerging Women Leaders In Real Estate


CHICAGO, IL–A joint venture between real estate development and investment firms Golub & Company, AB Capital, Thierry Francois a local entrepreneur,  and a MetLife Investment Management-advised client has announced the acquisition of a 5.8-acre parcel located at 2164 Marietta Blvd in the Upper West Side submarket of Atlanta, GA. The joint venture has retained architecture and design firm Lord Aeck Sargent. The planned mixed-use development will feature two separate and distinct multifamily buildings totaling 576 units surrounding a common plaza, offering a variety of unit types as well as state-of-the-art amenities and dynamic retail opportunities to enhance the community experience. Groundbreaking is expected in the 3rd quarter of 2022 with delivery of the first phase in the 3rd quarter of 2023.

The sale of the site closed on January 31, 2022 for an undisclosed price. Adam Short, senior vice president, acquisitions; and Alex Newman, vice president, asset management, both of Golub & Company, led the acquisition on behalf of the venture. Over the course of the last five years, Thierry Francois assembled the site and secured zoning approvals with assistance from AB Capital and Golub & Company. Bruce Armstrong and Joel Sandridge of Golub’s development team will oversee the design and construction.

“The site is strategically located in the rapidly growing west side of Atlanta which includes the Midtown/West Midtown and Upper West Side submarkets, as well as the new Microsoft campus. The area is becoming the epicenter of technology and innovation for the region,” said Michael Newman, president and CEO of Golub & Company. “As continued growth and capital investment continues to be attracted to the west side of Atlanta, residents of our future development will benefit.”

The Upper West Side of Atlanta has increased in popularity due to its easy access and close proximity to the in-town markets, as well as Buckhead. “We are excited to team up with our partners and expand our development platform into Atlanta,” said Short. “The market fundamentals there make it one of the top growth markets not only in the Sun Belt, but in the entire country. The Upper West Side submarket is especially well-positioned as it is directly in the path of the expanding cultural, infrastructure, and employment revitalization that Atlanta is experiencing,” he added.

The proposed design will reflect the industrial roots and character of the neighborhood, and the orientation of the building will take advantage of the spectacular skyline views. The development will also include retail space to serve the residences and surrounding neighborhood.

Golub & Company has a reputation for its ability to enter burgeoning submarkets across the country, work successfully with local communities and officials, and complete complex mixed-use development projects that truly transform the area. The Chicago-based developer is currently underway on a massive multi-year project on 13 acres in Denver’s River North Arts District (RiNO) neighborhood called Denargo Market, with other opportunities taking shape in in the Sun Belt region.

About Golub & Company

Since its founding in 1960, with three generations of professionals working in the business, Golub & Company has built a strong reputation as a trusted co-investor and developer with its many institutional and private capital partners. It’s a reputation based on track record; Golub and its affiliates have owned, leased, or managed more than 50 million square feet of commercial, mixed-use, and multifamily real estate properties, including 45,000 residential units, valued in excess of $10 billion located across the United States and internationally. Access more information by visiting www.golubandcompany.com.

About AB Capital

AB Capital LLC is a commercial real estate firm based in Atlanta, GA recently organized as a vehicle for the joint activities of its two principals J. Dwight Bell and Scott J. Arnold.  Mssrs. Bell and Arnold, longtime friends and business collaborators, combine complementary skill sets honed over many years in different sectors of the commercial real estate world.  Mr. Bell brings a long and diverse resume as a classic full service real estate developer with rich experience in the office and multi-family sectors.  Mr. Arnold led a global real estate law practice at a major law firm, concentrating in capital markets before co-founding a boutique private equity firm. AB Capital LLC has been formed to pursue unusual and perhaps complicated development and investment opportunities in the Southeastern US taking advantage of the many contacts cultivated by the principals of the firm over the years. AB Capital can invest in its projects for its own account and with third party private and institutional capital.  The firm can also provide an array of development and asset management services befitting the diverse experiences of its principals.