Mumford Company appointed George Arvanitis as managing director. In this role, Arvanitis, a 27-year veteran in the financial services section, will be based out of the Chicago office focused on bringing his expertise in real estate brokerage, development, leasing and finance to the Midwestern United States.
Prior to joining Mumford Company, Arvanitis closed both full- and limited-service hotels with IHG, Choice, Best Western and GrandStay. He founded A.G. Commercial in 2008, a boutique commercial real estate company located in Chicago and developed and secured financing for a turnkey Walgreens store in the midst of the 2008-2009 financial crisis, worked with 7 Eleven regarding site selections in Illinois and Indianapolis and financed numerous multifamily and retail properties as well as spending several years in recreational land development in Wisconsin, Iowa, and Minnesota with 4 Rivers Realty.
“By adding George to our team, Mumford Company will increase its ability to provide clients investment value that continues to go beyond their expectations,” said Ed James, principal, Mumford Company. “George will utilize his previous work experience to foster strong relationships with hospitality owners and investors in the Midwest and build upon the robust foundation we have in those markets.”