Michael co-founded Monroe Residential Partners. He is responsible for the company’s acquisitions, development, and construction management activities.

Michael brings 18 years of direct real estate experience to MRP. During his career, he has led the acquisition, development, construction, management, and sales of over 1,000 residential units, with a value in excess of $325M. He has built and led acquisition, development, construction, and sales teams, and implemented operational platforms that reduced costs, increased efficiencies, and streamlined workflow. He has extensive experience managing the successful execution of multiple projects simultaneously. More recently, Michael was Principal and Operating Officer at Hyperion Homes LLC (now Home Partners of America) where he was responsible for developing and leading sourcing and acquisitions activities, establishing an operating platform that acquired over 200 single family homes in 4 markets across the county.

Michael holds a Bachelor’s degree in Business Management from DePaul University and was recognized by the Department of Management for Outstanding Achievement in Real Estate Management. He is a Board Member of the City of Chicago Chapter of the Home Builders Association of Greater Chicago (HBAGC) and previously held positions on its Executive Committee and Regional Board of Directors.  Michael is also a member of the ELY Chapter of Lambda Alpha International, an honorary society for the advancement of land economics.

Michaels Associations:
LAI | Land Economics Society
Home Builders Association of Greater Chicago
Chicagoland Apartment Association

Drew brings 20 years of real estate development and hands-on business operating experience to his role at Monroe Residential Partners. He has developed over $1B of real estate across all asset classes, ranging from large mixed-use developments to regional malls.

Before founding Monroe Residential Partners , Drew was Chief Operating Officer at Centrum Properties, one of Chicago’s largest development companies. In addition to his operational responsibilities at Centrum, he managed the design, development, entitlement, and financing of the Roosevelt Collection, a $750 million mixed-use development in Chicago’s South Loop. From 1996 to 2006, he worked at General Growth Properties, Westfield Group, Kravco Company and Lucent Technologies where he managed the development and expansion of regional malls, office buildings, and manufacturing facilities exceeding $400 million in value.

Drew holds a BS in Construction Management from Arizona State University and an MS in Real Estate Development from the Massachusetts Institute of Technology.

Gary Kachadurian has over 30 years of real estate experience specializing in land and asset acquisition, construction, development, financing, and management.  Mr. Kachadurian was formerly Chairman of ARA, the nation’s largest privately owned multihousing investment advisory company.  Prior to that he was a Senior Managing Director for Global Business Development for Deutsche Bank Real Estate where his responsibilities included international fund development. He was also a senior member of the Policy Committee of RREEF, a leading pension fund advisor, in addition to being a member of RREEF’s Investment Committee for 14 years.  He was in charge of RREEF’s National Acquisitions Group and Value-Added and Development groups and also had oversight in the acquisition and management of  RREEF’s 24,000 unit apartment investment portfolio.  Prior to joining RREEF, he was the Midwest Regional Operating Partner for Lincoln Property Company, developing and managing apartment communities in Illinois, Indiana, Wisconsin, Kansas and Pennsylvania.

Mr. Kachadurian was formerly a founding Board member of the Chicago Apartment Association, was formerly Chairman and now serves on the Executive Committee of the National Multi Housing Council, and has served as Board Member of the Multifamily Council of the National Association of Home Builders and the Multi Family Council of the Urban Land Institute.  He is also an Advisor to Waypoint Residential,  a vertically integrated real estate investment manager specializing in apartment communities.  Mr. Kachadurian is also a Director of the KBS/Legacy REIT and a member of the Board of Bluerock Residential (BRG), Conor Commercial Real Estate, as well as a Director of Pangea Properties.  He is Chairman of the Village Foundation, is on the Advisory Board of the Yellowstone Park Foundation and the Advisory Board of Cure Violence and is a member of the Urban Land Institute.  Mr. Kachadurian received his B.S. in Accounting from the University of Illinois.