David Ariola, SIOR

President and Founder

1/1

As the founder and president of Chicago Realty Company, David personally manages every project and transaction.  His specialties Include:

•  Tenant Representation. David is a specialist in downtown and suburban Chicago office tenant representation.  Representative clients include Mercy Housing, MB Financial Bank, and law firm RMMS.

•  Brokerage /Consulting Services. David has performed every type of commercial real estate transaction including office and retail leasing, dispositions and acquisitions. Representative clients include portfolio management and leasing for Metra and master planning for a 110-acre site in IA for a religious order.

•  Owner Representation.  David has personally managed development projects from site selection and feasibility through design and construction management valued at over $1 billion from hi-rises to industrial expansions. 

•  Incentives.  David has a comprehensive understanding of complex financing structures including TIF, tax credits and other governmental incentives and the ability to properly implement these programs for developers and tenants.

•  Investments.  David leads CRC Capital which offers commercial real estate investment opportunities to investors.

•  Credentials.  David has achieved the SIOR designation, one of the most prestigious in commercial real estate.

David lives in Chicago’s Bucktown neighborhood with his wife and two children.  After giving up on triathlons and hardcore cycling, he is currently a competitive, professional, natural bodybuilder.  He is an avid skier (25 plus days per year out west), yogi, reader, occasional golfer and enjoys riding his several motorcycles.

 

Affiliations

 

  • MBA from Northwestern University’s Kellogg School of Management

  • B.S. in civil engineering from the University of Illinois at Champaign/Urbana

  • Certificate from the Advanced Management Development Program for Real Estate at the Harvard Graduate School of Design

  • SIOR Office Specialist.  SIOR, the Society of Industrial and Office Realtors, 

  • City of Chicago Community Development Commission, Mayoral appointment, Secretary, 2000 to 2009.  The CDC is responsible for reviewing and approving City financed TIF deals.

  • Board of Directors - Entrepreneur's Organization, Chair Mentorship Committee thru 2017

  • The Economic Club of Chicago, Reception Committee Chair – 2014/2015, Membership Committee since 2015.

  • Board of Directors, Kellogg Alumni Club of Chicago, Chair - Social Committee, 2013-14

  • Board of Directors, Rush University Medical Center Associates Board since 2008

  • Facilities Committee, Rush University Medical Center Board of Trustees

  • Facilities Committee, Frances Xavier Warde School, Chicago

  • Board of Directors, Chicagoland Entrepreneurial Center, 2003 - 2009

  • Real Estate Chicago Magazine ‘Top 40 Under 40’ list, 2003

  • Mentor, Kellogg Graduate School of Management

  • Licensed Illinois Real Estate Managing Broker

  • Registered Representative Series 22 and 63 Direct Participation Programs (DPP), FINRA thru 2016

  • Served on multiple Selection Committees for the $15B O’Hare Modernization Program

 

Memberships include:

 

  • Mentee - World Presidents Organization / Entrepreneurs Organization

  • The Executives’ Club of Chicago – Commercial Real Estate and Membership Committees

  • Chicagoland Chamber of Commerce, multiple committees

  • Italian American Chamber of Commerce (Midwest)

  • Urban Land Institute - Public Policy Committee

  • Lambda Alpha, the honorary society for the advancement of land economics

  • COLBA – the Chicago Office Leasing Broker Association

  • Mercy Housing Ambassador Council – contribute to fundraising for one of our clients

  • The Harvard Club of Chicago

  • Small Business Advocacy Council – Co-Chair Commercial Real Estate Committee, Membership Committee

  • Parent Association – St. Ignatius High School, Chicago

  • American Youth Soccer Organization (AYSO) – coach and referee

  • Subscriber to Lyric Opera of Chicago and Chicago Shakespeare Theater

  • Professional Bodybuilder NANBF (North American Natural Bodybuilding Federation) / IPE (International Pro Elite) 2017-present

© by Chicago Realty Company