Gary Kachadurian, Formerly With Deutsche Bank Real Estate, To Join Award-Winning Development Firm Mccaffery Interests, Inc.

September 28, 2005 - Dan McCaffery, Founder and President of McCaffery Interests, Inc., is pleased to announce that Gary Kachadurian has joined the firm. In his role as Partner, Gary will provide strategic oversight and leadership as McCaffery seeks to expand its efforts in acquisition, property management and development.

Gary was most recently with Deutsche Bank Real Estate where he was Global Managing Director for New Business Initiatives. Gary was formerly in charge of the National Acquisitions Group and Value-Added and Development lines of business at RREEF, one of the largest pension fund advisors in the US, from 1999 to 2002. He served as a member of RREEF’s Policy Committee and Investment Committees. Prior to joining RREEF, Gary was the Midwest Regional Operating Partner for Lincoln Property Company, developing and managing apartment communities in Illinois, Indiana, Wisconsin, Kansas and Pennsylvania.

About McCaffery Interests, Inc.
Established in 1991, McCaffery Interests, Inc. is a privately held real estate development company specializing in the development, leasing, and construction and management of urban mixed-use properties nationwide. McCaffery Interests, Inc. is located at 737 Michigan Avenue, Suite 2050, Chicago, IL 60611, (312) 944-3777.

Some of McCaffery’s most notable projects include the adaptive reuse of the Reliance Building into The Hotel Burnham in Chicago; the development of The Market Common, Clarendon, an urban village in Arlington, VA; and the conversion of a former Sak’s Fifth Avenue into Chicago’s first Niketown on Michigan Avenue in Chicago. Current projects include the Bernardin residences in Chicago, the Cork Factory Lofts in Pittsburgh, and the transformation of a former Air Force Base into The Market Common, Myrtle Beach in South Carolina. McCaffery Interests has been honored in the industry by the ULI, ICSC, Landmarks Preservation Council, and the Washington Business Journal, amongst others.

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Media Contact:
Pamela Austin
McCaffery Interests, Inc
Ph: (312) 944-3777 x-31
email me