EDUCATION

Bachelors Degree - John Carroll University

Advanced Management Program - Harvard University Graduate School of Design

Advanced Real Estate Management & Analytics - Harvard Business School

ACHIEVEMENTS

Licensed real estate broker in the state of Illinois

Featured in Real Estate Chicago Magazine' 40 Under 40 List, Wall Street Journal, Chicago Tribune, Chicago Sun-Times and Crain's Chicago Business

Chicago Architectural Foundation Trustee Award

Illinois Real Estate Journal’s Broker All-Stars Award

ACTIVE INVOLVEMENT

Building Owners & Managers Association (BOMA)

Executive Club of Chicago

Urban Land Institute (ULI)

Co-chair of buildOn (formerly Building with Books)

CLIENT SAMPLING

AON

Chase

Cornerstone Real Estate Advisors LLC

Eurohypo

General Electric Pension Trust

MassMutual

JOHN T. MURPHY

CHAIRMAN AND CHIEF EXECUTIVE OFFICER

john@murphyres.com

John T. Murphy is Chairman and Chief Executive Officer of Murphy Real Estate Services, where he leads the firm’s development, investment, and advisory platform. Since entering the real estate industry in 1989, John has built a reputation as one of Chicago’s most experienced real estate professionals, overseeing development, brokerage, and investment initiatives across the United States.

As principal of the firm, John has led the development, acquisition, and repositioning of several million square feet of commercial, residential, hospitality, and mixed-use real estate throughout the Midwest and East Coast. Murphy Real Estate Services today focuses on urban and suburban mixed-use development, multifamily housing, hospitality, and education-related real estate, including a growing portfolio of early childhood education facilities developed in partnership with leading national operators.

Recent development initiatives include One Winnetka, a boutique luxury apartment and retail development in downtown Winnetka and Delray City Center, a mixed-use retail and residential project located in the heart of downtown Delray Beach, Florida.

Earlier in his career, John led several high-profile development and redevelopment projects in Chicago and throughout the Midwest, including Lincoln Park 2550, a three-tower luxury condominium development in Chicago’s Lincoln Park neighborhood; The Paragon, a 500-unit apartment tower in Chicago’s South Loop; and the redevelopment of several historic downtown Chicago buildings into hospitality and mixed-use properties.

Through his career, John has been actively involved in complex development projects, institutional investment partnerships, and large-scale urban redevelopment initiatives. Under his leadership, Murphy Real Estate Services continues to expand its development platform nationwide, focusing on high-quality projects in strong demographic markets.

PROJECTS

  • 1326 S Michigan, The Paragon Chicago: 500-unit class A luxury residential tower, delivery Q1 2019, $171 M

  • Old Cook County Hospital Redevelopment: Mixed-use, to include 210-key Hyatt hotel, 72,330 RSF of office space, 24,510 RSF retail and a 4,114 RSF Cook County Medical museum, delivery Q4 2019, $145M

  • Cambria Hotel & Suites, Chicago: Redevelopment of historical 1928 building, 199 keys, delivered Q3 2017, $74M

  • Hyatt Centric The Loop Chicago: Redevelopment into 257 key Hyatt Centric, delivered Q2 2015, $110M

  • Hampton Inn, Chicago Motor Club, Chicago: Award-winning redevelopment of City of Chicago landmark, 143 keys, delivered Q2 2015, $55

  • Lincoln Park 2550: 219-unit luxury condominiums, 7 single family homes, 427 parking spaces and a 1.25 acre park: Broke the record for $/sf in Chicago residential market, $438M

  • Bay Point Resort and Marina: 227-acre ground-up development, 744-slip marina, 9-hole golf course, 462 units and 43 lots $31M