Development

Our professionals step into your shoes to coordinate all aspects of your project and help you identify valuable opportunities at each stage of the development process. Our team uses their dynamic skillset to combine sound investment strategy, extensive due diligence, design and construction oversight expertise and creative problem solving to effectively execute projects of all types and sizes. We’ve assisted client and affiliate companies with more than 1,010,000 million square feet of developments across the country, specializing in the multi-family, hospitality, healthcare, and office sectors.

Core Capabilities

  • Planning, Design & Development
  • Conceptual Schedule & Budget
  • Feasibility & Economic Analysis
  • Financial Structuring & Options
  • Construction monitoring
  • Pro-Forma Development
  • Land Acquisition & Negotiations
  • Environmental & Site Evaluations
  • Accounting/Control/Reporting
TEAM MEMBERS
RECENT NEWS

Civic Health Development Group, which includes John T. Murphy and MBRE, Move Forward with the Redevelopment of Old Cook County Hospital

Chicago, IL | February 14, 2018

The restoration and rehabilitation of Old Cook County Hospital has been turned over to a private development team, Civic Health Development Group (CHDG) with the execution of a long-term lease – a vital step in moving this highly anticipated project forward.

Murphy Development Group Closes Record-Breaking Hyatt Centric Sale

Chicago, IL | August 31, 2017

Murphy Development Group (MDG) announced that the sale of its 257-room Hyatt Centric the Loop Chicago Hotel to Germany-based Deka Immobilien has closed for $110 million as a long-term sale and leaseback agreement.