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MG

Magellan Development Group

Agency

Member since October 2024

David Carlins
J.R. Berger
Nancy Furth

$907M

Volume

$486M

Sold

$421M

Financed

11

Closed

1M sf

Area

No bio available yet

This broker hasn't added a bio to their profile yet. Check back later for more details about their background and expertise.

Top Deals

FINANCED
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Magellan Development Group & Sterling Bay Acquires Mixed-use Property In Chicago For $174.5M
Illinois | Mixed-use | PPSF: $397
07/21/2020
SOLD
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Sterling Equities Acquires Multifamily Property In Miami For $154.35M
Florida | MultiFamily | PPSF: $220
Fred Wilpon
David Carlins
SK
01/06/2021
FINANCED
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Ares Management And Magellan Development Group Secure $144M Loan For Aqua Tower Multifamily In Chicago
Illinois | MultiFamily
Danny Kaufman
Medina Spiodic
Michael Arougheti
+ 3
04/02/2026
SOLD
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Gencom And GD Holdings Acquire St. Regis Chicago Hotel For $134M
Illinois | Hotel
05/17/2023
SOLD
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Peter Palandjian Of Intercontinental Real Estate And David Carlins Of Magellan Acquire Chicago Multifamily For $126M
Illinois | MultiFamily
Justin Puppi
John Jaeger
Peter Marino
+ 3
02/10/2026

Focus

Condo

Sale

Markets

FAQs

Magellan Development Group has closed 11 deals (5 sales, 2 loans).

Magellan Development Group's most recent deal was on April 20, 2026.

Magellan Development Group's largest deals include a sale of $154,350,000.00 for 125 Northeast 32nd Street, Miami, FL, USA, and a loan of $174,500,000.00 for 300 North Michigan Avenue, Chicago, IL 60601, USA.
Member since: October 2024

Deals

FINANCED

Rodrigo D’Escoto Of Reflection Window & Wall And Ted Weldon Of Weldon Development Group Secures $102M Loan For Multifamily Project In Chicago

410 North Elizabeth Street, Chicago, IL

ILCRE
David Carlins
George Gleason
Rodrigo d’Escoto
Apr 20, 2026
FINANCED

Ares Management And Magellan Development Group Secure $144M Loan For Aqua Tower Multifamily In Chicago

225 North Columbus Drive, Chicago, IL

ILCRE
Danny Kaufman
Medina Spiodic
Michael Arougheti
Apr 2, 2026
SOLD

Peter Palandjian Of Intercontinental Real Estate And David Carlins Of Magellan Acquire Chicago Multifamily For $126M

73 East Lake Street, Chicago, IL

ILCRE
Justin Puppi
John Jaeger
Peter Marino
Feb 10, 2026
SOLD

Magellan Development Group Sells Condo At 363 East Wacker Drive For $1.85M With Buyer's Rep Sophie Xu

$902/SF

363 East Wacker Drive, Chicago, IL

ILCRE
Sophie Xu
Jan 20, 2026