The Opus Group (Opus) has promoted
Mike Yungerman to executive vice president and general manager, where he will be responsible for the leadership, development and overall management of Opus' Chicago and Indianapolis offices. In addition, he will continue to guide operating strategy and growth plans for Opus across the Illinois, Indiana, Ohio, Wisconsin and Michigan markets, as well as the pursuit and execution of real estate development opportunities within these geographies.
Yungerman joined Opus in 2005 and has been promoted multiple times to roles of increasing responsibility. Most recently he served as senior vice president and general manager overseeing real estate development for Opus' Chicago and Indianapolis offices. Yungerman brings more than 25 years of commercial real estate experience to his expanded role, developing more than 23 million-square-feet of space and managing significant Opus joint venture projects. Yungerman reports to Matt Rauenhorst, executive vice president and general manager of Opus.
“Mike is an incredible asset to Opus, not just because of his extensive real estate experience and capabilities, but because he leads by example and demonstrates our company values in his everyday interactions," said Rauenhorst.
Some recent projects that Yungerman has overseen include Dash Downers Grove apartments in Downers Grove, Ill., Tollway Corporate Center in North Aurora, Ill., the Tire Wholesalers/Armory Industrial development in Oak Park, Mich., and Point 70 Logistics Park in Mount Comfort, Ind. In the past three years, the Opus team he manages has developed more than 280 market-rate apartment units, 548 student living beds and 4.9-million-square-feet of industrial space in the Chicago and Indianapolis markets.
Yungerman holds a Master of Business Administration degree in real estate finance from DePaul University and Bachelor of Applied Science degree in construction management from Western Illinois University. He is a member of NAIOP, the Association of Industrial Real Estate Brokers, and the Society of Industrial and Office Realtors (SIOR).
Yungerman joined Opus in 2005 and has been promoted multiple times to roles of increasing responsibility. Most recently he served as senior vice president and general manager overseeing real estate development for Opus' Chicago and Indianapolis offices. Yungerman brings more than 25 years of commercial real estate experience to his expanded role, developing more than 23 million-square-feet of space and managing significant Opus joint venture projects. Yungerman reports to Matt Rauenhorst, executive vice president and general manager of Opus.
“Mike is an incredible asset to Opus, not just because of his extensive real estate experience and capabilities, but because he leads by example and demonstrates our company values in his everyday interactions," said Rauenhorst.
Some recent projects that Yungerman has overseen include Dash Downers Grove apartments in Downers Grove, Ill., Tollway Corporate Center in North Aurora, Ill., the Tire Wholesalers/Armory Industrial development in Oak Park, Mich., and Point 70 Logistics Park in Mount Comfort, Ind. In the past three years, the Opus team he manages has developed more than 280 market-rate apartment units, 548 student living beds and 4.9-million-square-feet of industrial space in the Chicago and Indianapolis markets.
Yungerman holds a Master of Business Administration degree in real estate finance from DePaul University and Bachelor of Applied Science degree in construction management from Western Illinois University. He is a member of NAIOP, the Association of Industrial Real Estate Brokers, and the Society of Industrial and Office Realtors (SIOR).
About The Opus Group:
The Opus Group® is a family of commercial real estate development, construction and design companies headquartered in Minneapolis with offices and projects across the country. Opus operates as an integrated, multidisciplinary team with expertise in development, capital markets and finance; project management and construction; architecture, engineering and interior design. The Opus Group includes Opus Holding, L.L.C. and its operating subsidiaries: Opus Development Company, L.L.C., Opus Design Build, L.L.C. and Opus AE Group, L.L.C. Specializing in industrial, office, residential, retail and institutional projects, The Opus Group has broad capabilities, deep experience and a proven design-build model that delivers solutions for customers on time and on budget. For more information, visit www.opus-group.com and follow @TheOpusGroup on Twitter and Instagram.