Development

Our real estate development professionals step into your shoes to coordinate all aspects of your project and 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 both residential and commercial property development that includes the multi-family, hospitality, retail, 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

MURPHY DEVELOPMENT GROUP CLOSES ON PROPERTY AND SECURES LOAN FOR NEW FULTON MARKET OFFICE BUILDING, 318 N. CARPENTER

Chicago, IL | February 05, 2019

Murphy Development Group (MDG) announced today that they closed on the property and a construction loan to develop a new Fulton Market office building located at 318 N. Carpenter, directly across from Google’s Midwest headquarters.

MURPHY DEVELOPMENT GROUP AND CIM GROUP HOSTS ARTIST SIGNING OF NEW MURAL FOR THE PARAGON CHICAGO

Chicago, IL | August 09, 2018

Murphy Development Group (MDG), along with their partner, CIM Group, will host an artist signing of a new mural, entitled The 1000 Wall, on Monday, August 13th. The signing will take place at one of MDG’s latest developments, The Paragon Chicago, a luxury apartment tower located at 1326 S. Michigan.

Murphy Development Group to Develop Cambria Hotels & Suites in Milwaukee

Chicago, IL | June 14, 2018

Murphy Development Group (MDG) announced today that the firm closed on a deal to develop a Cambria Hotels & Suites in downtown Milwaukee, marking the beginning of MDG’s newest hotel project.