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Senior Vice President - Development
HQ Phone:  (312) 440-8800
Direct Phone: (312) ***-****
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625 North Michigan Avenue
Chicago-based Golub & Company and its affiliates are active internationally in real estate development, acquisitions, asset and property management, leasing and corporate real estate services. Since its founding more than 50 years ago, the company has owned, l... more.
GE Capital Golub Europe
Urban Land Institute
German Language , Literature and Political Science
University of Wisconsin-Madison
MBA degree Degree
Golub & Company, an international commercial real estate company.
Eugene Golub, Chairman | Michael Newman, President and CEO | Lee Golub, Executive Vice President | Michael Goldman, Senior Vice President/ Acquisitions | John Ferguson, Senior Vice President/ Leasing and Marketing | Paul Mertz, Senior Vice President/ Asset Management | Paula Harris, Senior Vice President/ Residential Asset Management | Bruce Armstrong, Director of Development Services | William Murray, C.P.A., Controller | Michael Glazier, Managing Director, Golub-Europe, L.L.C. | Rob Mathias, Director of Marketing and Leasing, Golub-Europe, L.L.C. | Norman Sherran, Director, Construction Management, Golub-Europe, L.L.C. | Jens Gloyer, Director of Design and Construction, Golub-Europe, L.L.C. | Stein Knutsen, Direction of New Business Development, Golub-Europe, L.L.C.Michael Glazier, Managing Director, Golub-Europe, L.L.C. Michael Glazier, Managing DirectorBased in London, Michael Glazier has played a key role in Golub-Europe's expanding development and investment activities in Central and Eastern Europe and Russia.He oversees the company's ongoing operations and continues to seek new opportunities for development, investment and real estate advisory services in the emerging markets.
Village president Anan Abu-Taleb joined Lake and Forest developers for a ceremonial groundbreaking Thursday. Pictured, from left to right: Gary Thalheimer, Tishman Construction; Clay Iman, Wood Partners; Michael Glazier, Golub & Co.; Anan Abu-Taleb, Village of Oak Park; Lee Golub, Golub & Co.; Gene Golub, Golub & Co.; and Tim McEntee, Wood Partners. | Photo courtesy village of Oak Park
Pictured, from left to right: Gary Thalheimer, Tishman Construction; Clay Iman, Wood Partners; Michael Glazier, Golub & Co.; Anan Abu-Taleb, Village of Oak Park; Lee Golub, Golub & Co.; Gene Golub, Golub & Co.; and Tim McEntee, Wood Partners. | Photo courtesy village of Oak Park "It was a long journey to get to today's groundbreaking, but we know this project will enhance downtown Oak Park and generate economic and community benefits for the village," said Michael Glazier, senior vice president at Golub, at the ceremony, which drew a crowd of about 75 attendees.
"It's imminent," said Michael Glazier, senior vice president of development with Golub & Company, the Chicago-based firm now in control of the project.
He said the group is close to capturing financing for project, which envisions 270 apartments, 25,000 square feet of commercial space and a 588-space parking facility that will replace the current village garage on the parcel, at the northeast corner of the intersection. On Monday, Glazier said that Golub expects to close on a financing agreement with an unnamed institutional investor "in the next week or so. The firm also has funding in place through a joint venture with Atlanta-based Wood Partners. "We are furiously working on all the legal documentation and permits in order to get going," he said.
Golub and Wood are negotiating to secure equity financing with three firms, including a multi-family fund that has agreed to underwrite the project and whose investment committee has approved the proposal, said Michael Glazier, a partner in Lake Street Investors and senior vice president of development for Golub.
The multi-family fund, which has requested anonymity, reviewed the project and is interested in investing, Glazier said. Golub and Wood are waiting only for a list of the specific terms of the package, he said. "They have to issue a term sheet and it has to be agreed to by us as to their commitment the project," Glazier said. "They're in the process of finishing that." Glazier declined to predict an outcome, but seemed confident the partners will meet Oak Park's Feb. 28 deadline. "If it didn't look good, we would throw in the towel," he said. Glazier has told Oak Park officials verbally that he believes the group will be able to meet the deadline, village Business Services Manager Loretta Daly said in a memo presented to the Village Board Monday. Equity financing is "at-risk money" provided by an institutional investment firm that will earn a profit if the project succeeds, Glazier said. "It involves institutional investors like insurance companies and pension funds," he said. "It's a very vigorous process. They have to be satisfied with the parameters that go into this." The equity investors co-invest as joint partners, but do not take part in the development process, Glazier said. "We are all collectively at risk," he said.
Sertus' Michael Glazier, who has been involved with the project since the beginning, worked for Golub before moving to Sertus.
Glazier said with respect to the "spirit" of the project thus far, "Lake Street Investors has made all the expenditures and investments… A million and a half dollars is a significant commitment."