Patrick J. O’Brien – Director

Mr. O’Brien is responsible for underwriting hotel, office, residential and retail development projects. Mr. O’Brien leads the analytical review of all aspects of Beitler’s underwriting including all feasibility studies, market evaluations, pricing and financing arrangements. Mr. O’Brien has underwritten a multitude of hotel, office and apartment projects including a dual branded 240-room Hyatt Place and Hyatt House hotel, 300-unit apartment complex and 400,000sf office tower. Mr. O’Brien has experience underwriting projects with not-for-profit partners that contain long-term ground and air-rights agreements. Mr. O’Brien has led numerous public presentations on behalf of Beitler, outlining the financial details of complex redevelopment structures and TIF arrangements.

Mr. O’Brien’s detailed underwriting is kept current with his ongoing transaction experience. In order to remain on the front of ongoing trends, Mr. O’Brien represents owners with their investments by providing asset management and product leasing services. Recent assignments included the office building at 208 South LaSalle Street in Chicago, IL (350,000sf) and 11 South LaSalle Street in Chicago, IL (330,000sf) – both buildings were transitioned from office to hotel use. Mr. O’Brien has also acted as a tenant representative for a diverse range of companies including Lerch Bates Inc., Lothan Van Hook DeStefano Architecture LLC, The Delves Group LLC, The Plum Tree Group LLC, S. Jerome Levy & Associates, Inc. and Beaman Public Relations, Inc.

Mr. O’Brien’s analytical background and ongoing market knowledge help provide a holistic approach to Beitler’s ongoing development strategy.

Prior to joining Beitler, Mr. O’Brien worked at Marcus & Millichap Real Estate Investment Services and graduated from Marquette University with a double major in Real Estate & Marketing. Mr. O’Brien is a licensed Illinois Real Estate Broker.

E: pobrien@beitlerre.com P: 312.768.7009