In a highly urbanized country like the US, people need to find a place that suits the lifestyle they desire. Individuals, companies, firms, or families seek spaces that meet their expectations. However, finding the appropriate spot requires time and effort. So others employ real estate agents to secure them an area that serves their best interests at heart. On this note, the real estate industry is a booming field. There are countless agents in the market. But none like Michael Dobrov.
The owner and chief executive of United Group Development, Michael Dobrov, stands at the forefront of the real estate industry in Chicago. Founded in 2009, UGD has become part of several projects—from renovations and asset management to land development and conversions. They have partnered with a diverse set of clients like high net-worth individuals, developers, institutional investment firms, families, and individuals. In all their deals, UGD makes sure to capture the desires of their clients.
The man behind the success of United Group Development is not new to the industry. Back in his childhood, young Michael Dobrov became well-versed with the concepts of real estate. This is because he grew up within a family of real estate investors. The knowledge he gained and his growing interest in the field laid the groundwork for his would-be career. He then decided not to continue his education.
His first job out of high school was within the field his family has worked in since 1970. Years into the industry, Dobrov has created a legacy of his own. He went on to secure deals to develop more than 25 residential homes. He partnered with companies to augment over 2,000,000 square feet of industrial lands. Currently, Dobrov owns and manages 2,500 units installed across several locations like Chicago, Northwest Indiana, and Wisconsin. He has also developed 100,000 square feet of space that are available for rent.
Dobrov’s catalog even swelled after securing a multi-million dollar project in Illinois. After finishing the project in just a year, he became the only real estate investor to complete the largest condominium conversion in Illinois. Dobrov shared that, as a professional, it is crucial to meet the expectations of clients. And the best way to address concerns is to communicate with them consistently. The approach used by Dobrov is true to all his operations in UGD.
Apart from his innate talent as a realtor, Dobrov apportions his success to his wife. Behind all the praise he gets from clients, his wife supports him as his bookkeeper. The personal and professional relationship they have maintained throughout the years have kept Dobrov on firm ground. Now with their 11-year-old daughter, Dobrov and his wife continue with their venture. To add, they donate money to PAWS Chicago, an animal shelter for abandoned and surrendered animals. When not on the field, Dobrov takes an interest in German shepherd dogs and watches.
The couple is now planning to expand operations. They want to venture further into self-storage businesses and multi-family apartments. For Dobrov, it is his mission to give people a chance to live in a beautiful environment at a lower cost.
For more information on United Group Development, visit their website.
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