Michael Podboy Email & Phone Number

Chicago, Il, Us

Chicago, Illinois, Us

PBRE Ventures provides strategic, operational, transactional, and financial advisory services to commercial real estate owners and operators. Current clients include a $1B+ industrial real estate owner / operator.

Chicago, Illinois, Us

Downers Grove, Illinois, Us

InvenTrust Properties (formerly Inland American Real Estate Trust) is a $3.5 billion REIT focused on grocery-anchored shopping centers. At its peak in 2012, the organization was a $13 billion REIT with 794 retail, office, industrial, prison, and charter school properties; 5,311 apartment units; 5,212 student housing beds; 16,345 hotel rooms; a $500+ million marketable securities portfolio; and joint venture investments supporting in excess of $8 billion of real estate.As Inland American was rebranded to InvenTrust and became a self-managed REIT, rapidly promoted to steer the company through a significant transition in organizational focus and culture. Reporting to President and CEO, oversaw investment functions, finance, accounting, and IT to support business priorities. ➤ Installed the business infrastructure to support transition from a diversified REIT with investments in hotels, student housing, and retail to a pure-play multi-tenant retail platform.➤ Built multi-tenant retail transaction group from the ground up and defined a strategy around grocery-anchored shopping centers in the Sun Belt.➤ Established and chaired Investment Committee (IC) to bring rigor and discipline to acquisition, disposition, financing, and development transactions.➤ Oversaw $15 billion of transactions to maximize the portfolio value. Led $2.3 billion of acquisitions and dispositions of multi-tenant retail properties, $3.6 billion spin-off of hotel portfolio, including NYSE listing of the full-service hotel business, and sale of $1.4 billion student housing platform.➤ Positioned the business for a liquidity event and improved credit pricing by directing the deleveraging of the balance sheet and shifting business financing from primarily secured mortgages to more portfolio financing. ➤ As a member of the IT Steering Committee, partnered with CTO to define the technology strategy, fill operational gaps, improve decision making, and enable the business.

Downers Grove, Illinois, Us

Chronology: ➤ Executive Vice President, Chief Investment Officer (2014–2015)➤ Executive Vice President, Investments (2014)

Brought on board by the CFO to support the growth of a non-listed REIT focused on acquiring and managing a diversified portfolio of commercial real estate—primarily retail, lodging and student housing properties. ➤ Supported rapid growth from $0 to $2 billion in JV equity capital supporting $8 billion in real estate within 2 years.➤ Protected portfolio value through 2008 financial crisis and steered company through restructurings for $7 billion in real estate. Orchestrated $2.3 billion all-cash net lease portfolio sale to the sponsor, negotiated $471 million JV restructuring, and managed sale of net lease fund to JV partner in a $480 million transaction.➤ Led formation of $600 million institutional joint venture relationship with Dutch pension fund PGGM.

New York, Ny, Us

Managed financial audits of SEC registrants and private real estate and manufacturing companies. Coordinated SEC filings and audit reports with clients’ senior management.Chronology: ➤ Senior Manager / Manager, Real Estate Group, Chicago (2002–2007)➤ Senior Associate / Associate, Manufacturing Group, Minneapolis (1999–2002)