Golub and Company

What Golub and Company does

Golub & Company is a privately held, vertically integrated real estate investment, development, and management firm founded in 1960 and headquartered in Chicago, Illinois. The firm operates across multifamily, commercial, mixed-use, and retail asset classes, with cumulative assets owned, leased, or managed exceeding $20 billion, 75 million+ square feet of commercial space, and 45,000+ residential units since inception. Its in-house platform covers the full real estate lifecycle including acquisitions, development, investment, property management, advisory services, marketing, and leasing. Golub pursues deals through institutional joint ventures, closed-end private GP funds with co-investment alongside LPs, and direct ownership, raising capital from pension funds, family offices, and high-net-worth investors while partnering with operating companies such as CIM Group, Altre (Votorantim), Banner Real Estate Group, Formativ, and AB Capital LLC.

The firm's portfolio spans marquee developments including Tribune Tower Residences (Chicago), Park Tower (San Francisco), Mennica Legacy Tower (Warsaw), Denargo Market (Denver), BRYKS Upper Westside (Atlanta), The Bristol (West Palm Beach), Moment and 1224 West Randolph (Chicago), with active ground-up and acquisition activity across Chicago, Denver, Atlanta, Florida, Texas, the San Francisco Bay Area, Minneapolis, Arizona, California, and Warsaw, Poland. The GoEnergy sustainability initiative, developed with Elara Engineering, pursues net-zero energy benchmarking across the portfolio and supports ESG differentiation in institutional capital raising. Revenue is generated through four streams: asset management and GP fund management fees (including sponsor promote/carried interest), development fees and profit participation, third-party property and asset management services for owners, lenders, and special servicers, and rental income plus asset appreciation from the owned portfolio.

The firm is family-controlled across multiple generations, with Eugene Golub as Founder & Chairman Emeritus, Michael Newman as Principal/President & CEO, Lee Golub and Paula Harris as Managing Principals, and Laura Newman (third-generation) as VP of Investment & Development. Go-to-market combines direct enterprise engagement with institutional investors and JV partners, broker and lender relationships for deal sourcing, and industry event participation (e.g., Bisnow Women Leading Real Estate) for thought leadership and partnership development. Pricing is fully negotiated and project-specific; no standardized tiers are disclosed.

Name

Golub and Company

Legal name

Golub & Company LLC

Website

https://golubandcompany.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

101–250 employees

Short description

Privately held, vertically integrated real estate investment, development, and management firm founded in 1960, operating multifamily, commercial, and mixed-use properties across the U.S. and Warsaw, Poland, serving institutional investors and high-net-worth investors through joint ventures and closed-end private funds.

Ownership category

akta.pro rank

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Asset Management & GP Fund Management Fees: Golub raises opportunistic closed-end private GP Funds where investors share in the sponsor's promote upside on each deal. Revenue is generated through management fees and carried interest (promote) on successful exits across the fund's investment portfolio.
2. Development Fees & Profit Participation: As a developer, Golub earns development fees and participates in the profit upside of projects it develops, including joint ventures with institutional partners. The firm co-invests in projects to align interests with investors.
3. Third-Party Property & Asset Management Services: Golub provides property management, leasing, and asset management services to third-party property owners, lenders, and servicers, generating fee income from services including business plan creation, property marketing, and operational efficiency improvements.
4. Real Estate Ownership — Rental Income & Asset Appreciation: As an owner-operator of multifamily, commercial, and mixed-use properties, Golub generates rental income from its owned portfolio. Assets owned and operated exceed $20 billion, spanning 75M+ SF of commercial and 45,000+ residential units.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Golub & Company is a vertically integrated real estate investment, development, and management firm that owns, develops, and manages multifamily, commercial, mixed-use, and retail properties across the U.S. and internationally. The firm raises private GP Funds from institutional and high-net-worth investors, forms joint ventures for specific developments, and provides third-party property management, asset management, and leasing services to outside owners. Its portfolio includes more than 75 million square feet of commercial space and over 45,000 residential units cumulatively owned and operated since 1960.

Product overview

Golub & Company is a vertically integrated real estate investment, development, and management firm with over 65 years of experience. The company operates as a unified platform offering acquisitions, development, investment advisory, property management, marketing, and leasing services across multifamily, commercial, mixed-use, and retail asset classes. The portfolio includes named property developments such as Tribune Tower Residences, Denargo Market, BRYKS Upper Westside, The Bristol, Park Tower, Aurum, Mennica Legacy Tower, and Moment, spanning markets in Chicago, San Francisco, Denver, Atlanta, West Palm Beach, Naples, and Warsaw, Poland. The firm also provides third-party property management and leasing services and operates sustainability initiatives through its GoEnergy program.

Differentiator

Problem solved

Functional benefit

Brands

• GoEnergy: A strategic initiative designed to elevate energy performance of Golub properties, focused on sustainability and carbon reduction.
• Debbie Frank Legacy Fund

Quantifiable outcome

• Tribune Tower conversion: 162 luxury residential condominiums plus 47,000 SF of prime retail space along Michigan Avenue
• +6 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Banner Real Estate GroupcoreStrategic or Co-development Partner · 8 October 2025Golub & Company and Banner Real Estate Group formed a joint venture to develop the final multifamily phase of Waterset, a 2,734-acre master-planned mixed-use community in Apollo Beach, Florida. The 400-unit luxury apartment community at 6202 Harmony Shore Loop is targeted for completion in 2027.
• FormativcoreStrategic or Co-development Partner · 1 September 2025Golub & Company and Formativ are joint venture partners on Denargo Market, a 17-acre transformational mixed-use development in Denver's RiNo neighborhood. Golub and Formativ completed Phase I in September 2025, delivering over four acres of parks and public realm. Formativ is responsible for developing the Hopscotch Beer Garden component.
• AltrecoreStrategic or Co-development Partner · 23 June 2025Golub & Company and Altre (the real estate investment platform of Votorantim) acquired Aurum Apartments, a 165-unit multifamily community in Golden, Colorado, in June 2025. Altre is a long-duration, value-oriented capital partner aligned with Golub's vertically integrated operating platform. The partnership is positioned for expansion across Golub's target U.S. markets.
• AB Capital LLCcoreStrategic or Co-development Partner · 14 October 2024Golub & Company and AB Capital LLC partnered to develop BRYKS Upper Westside, a 576-unit, 5.8-acre Class A multifamily community in Atlanta's Upper Westside neighborhood. The project was completed in 2025 with 12,000 SF of retail and targets NGBS Silver certification.
• CIM GroupcoreStrategic or Co-development Partner · 1 January 2016Golub & Company and CIM Group entered into a joint venture in 2016 to acquire and transform the iconic Tribune Tower in Chicago. The 36-story, 737,000 SF office building was reimagined into 162 luxury residential condominiums with 47,000 SF of retail. CIM Group and Golub have partnered on multiple Chicago investments, including Chestnut Place recapitalization and the Tribune Tower conversion.
• DrinkDenverminorGTM or Marketing PartnerDrinkDenver operates Hopscotch Beer Garden at Denargo Market, a 17,000 SF central gathering place and social anchor in Denver's RiNo neighborhood. Hopscotch is slated to open in late winter 2026 and will feature draft beer, wine, kombucha, canned cocktails, food trucks, and seasonal community programming.
• The John Buck CompanycoreStrategic or Co-development PartnerGolub & Company formed a joint venture with The John Buck Company and MetLife to develop Park Tower, a 750,000 SF Class A office tower in San Francisco's Transbay district. The project was LEED Gold certified and fully leased to Facebook. Golub's affiliated interest in Park Tower was sold in July 2019.
• Bentall KennedyminorStrategic or Co-development PartnerBentall Kennedy co-invested with Golub & Company and Multi-Employer Property Trust in Solaire, a 409-unit luxury high-rise completed in San Francisco in 2016.
• CIM GroupcoreStrategic or Co-development PartnerCIM Group has been Golub's primary joint venture partner on multiple Chicago investments including the Tribune Tower conversion (2016), John Hancock Center, and Chestnut Place. CIM Group sold Chestnut Place to Farallon in 2024 while Golub remained as an investor. CIM Group and Golub have partnered on multiple Chicago investments spanning more than a decade.
• BlueFive CapitalminorStrategic or Co-development PartnerGolub & Company and BlueFive Capital are co-landlords of the 28-story office building at 625 North Michigan Avenue on Chicago's Magnificent Mile. The property is the subject of a $50.6 million loan default and foreclosure lawsuit filed by Citibank and special servicer LNR Partners, with a court-appointed receiver managing operations.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• CIM Group: CIM Group is a closely comparable diversified real estate investment and development firm and has been Golub's primary JV partner on multiple Chicago investments including Tribune Tower and Chestnut Place, making it the most natural peer on dimensions of business model, vertical integration, and JV-led capital deployment.
• The John Buck Company: Chicago-based privately held real estate investment and development firm that co-developed Park Tower with Golub and operates across mixed-use, office, and multifamily, sharing an entrepreneurial, vertically integrated platform model anchored in landmark urban projects.
• Magellan Development Group: Chicago-headquartered real estate developer with a comparable vertically integrated platform and a portfolio spanning multifamily, mixed-use, and master-planned communities including Lakeshore East, directly competitive with Golub on large-scale urban Chicago development mandates.
• Sterling Bay: Chicago-based privately held commercial real estate investment and development firm focused on urban mixed-use and office-to-residential conversion projects including Lincoln Yards and The District at Fulton Market, highly comparable to Golub on Chicago-centric adaptive-reuse strategy and JV-driven capital structure.
• CA Ventures: Chicago-headquartered vertically integrated real estate investment, development, and management firm operating across multifamily, student housing, and mixed-use with institutional capital partners, overlapping Golub on platform structure and target asset classes.
• Banner Real Estate Group: Multifamily developer and JV partner with Golub on the Waterset master-planned community in Florida, similarly operating a vertically integrated platform across multifamily development with institutional capital partnerships in growth markets.
• Bentall Kennedy: Real estate investment management firm and co-investor with Golub on the Solaire luxury high-rise in San Francisco, sharing institutional JV capital structure and vertically integrated capabilities across multifamily and office.

Broad incumbents

• Related Companies: Large diversified national real estate developer and fund manager with a much broader portfolio spanning affordable and luxury housing, office, mixed-use, and fund management; overlaps with Golub across multifamily development and institutional JV capital formation at meaningfully larger scale.
• Hines: Global real estate investment, development, and management firm with a substantial office, multifamily, and mixed-use portfolio that competes with Golub for institutional capital and trophy urban development mandates at materially larger scale.

Emerging players

• Altre: Real estate investment platform of Votorantim that partnered with Golub on the June 2025 acquisition of Aurum Apartments, signifying a long-duration, value-oriented capital partner relationship that mirrors the role CIM Group plays for Golub but is positioned for expansion across US growth markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/golub-&-company
• Instagraminstagram.com/bryksupperwestside

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Golub and Company