Unlike most kids in high school, Michael Dobrov was not preoccupied with choosing which college to attend. Instead, he was busy preparing himself to enter their family’s real estate business. Since the 1970s, his family has been a forerunner in the real estate industry, and he continues this legacy until today through the United Group Development.
This real estate expert led one of the most significant condominium deconversions in Illinois, a deal that involved millions of dollars at stake. Numerous buyers attempted to take on the project but failed. Fortunately, Michael got the job done and took only less than a year to do so.
He has developed over 25 customized residential homes and has built 2,000,000 ft.² of industrial areas. He currently owns and manages around 2,500 units across Chicago, Wisconsin, and Northwest Indiana. He has also developed self-storage areas of 100,000 ft.²
Michael founded the UGD in 2009. It is a real estate investment company based in Chicago that is dedicated to acquiring, managing, and developing real estate properties through joint ventures and equity syndication. It is also one of the leading real estate advisory firms within the area of single-tenant and multi-tenant triple net-leased retail properties.
The company provides a unique advisory platform through its ability to establish collaborations with the UGD markets and UGD asset management to ensure seamless negotiations and transactions, resulting in creative, customized, and streamlined project execution.
The success of UGD in the real estate industry would not have been possible without Michael’s wife and daughter, who continue to inspire him to do better in the business. Just like how hands-on he is as a husband and father, Michael is also hands-on with his deals and projects. He also works closely with his wife, who accomplishes the bookkeeping aspect for his businesses. This loving family man also makes sure he has enough time with his family. Aside from their real estate business, they are avid animal lovers who consistently extend help to animal shelters and PAWS Chicago as a way to give back to the community.
Michael continues to pursue his passion for real estate and plans to expand his business for a wider reach outside Chicago. He is looking into apartment complexes and the development of storage businesses.
His primary goal is to provide opportunities for people to experience living in a pleasant home at a low cost. For Michael, his priority is helping people find the perfect real estate properties, which are tailored fit for their businesses or their personal use.
The United Development Group continues to foster strong relationships with their clients. The company also continues to ensure the protection of its clients by taking the necessary measures in every step of the process. The members of the group strive to keep their credibility and work ethic unmatched as these spell out the continued success of the company.
For more information regarding the United Group Development and Michael Dobrov, connect with them through their website.
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