Steve Denenberg Joins Michigan Avenue Real Estate Investors as Senior Vice President

Contact: Louise Edwards
773/818-3961 or 312/751-5511

FOR IMMEDIATE RELEASE

Michigan Avenue Real Estate Investors Expands…
Steve Denenberg Joins MAREI as Senior Vice President

Chicago, December 14--Steve Denenberg, 39, formerly one of the top people at Weyerhauser Realty Investors (WRI), the real estate affiliate of Weyerhauser Company in Seattle, has joined Michigan Avenue Real Estate Investors (MAREI) as Senior Vice President, announces MAREI principals Robert Judelson and Thomas Meador. (Chicago Bulls and White Sox Chairman Jerry Reinsdorf is also an inactive partner of MAREI).

Denenberg, known in real estate investment circles for his strategic capabilities in originating deals, previously served as Vice President/Investment Manager of WRI. Denenberg managed the WRI Chicago area office plus oversaw additional investments on the East Coast and in the Southeast, as part of WRI’s $2 billion investment fund.

In Denenberg’s new post at MAREI, he will help orchestrate the $250 million Michigan Avenue Real Estate Investors Opportunity Fund. The unique fund specializes in the acquisition of stressed developments across the country, such as failed condo conversions or uncompleted subdivisions. MAREI turns around the properties and re-markets them at attractive prices.
“We are thrilled to have Steve Denenberg be part of our team, helping us meet the needs of our rapidly expanding marketplace,” explains Michigan Avenue Real Estate Investors CEO Tom Meador.

Denenberg holds a bachelor’s degree in advertising from the University of Colorado and an MBA from Duke University’s Fuqua School of Business. He resides in Glen Ellyn, Illinois with his wife and three children.

MAREI has offices in Chicago and Northbrook, Illinois, with current holdings and receivership operations in Chicago, Milwaukee, Indianapolis, San Antonio, Houston, Dallas, Colorado Springs, Denver, and areas of North and South Carolina.

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