Unimpeachable Real Estate Experts

D. Michael Kelly

Real Estate Developer & Manager

Profile

Mike Kelly is a Bay Area developer with over 35 years’ experience in the acquisition, disposition, development, adaptive reuse, and leasing and management of income producing real estate. He is a Principal at Urban Real Estate Equities, LLC, in San Francisco.

  • Mr. Kelly joined Consolidated Capital in 1972 and was responsible for the negotiation, acquisition and disposition, development, leasing and management of more than $2 billion in commercial and multi-family residential properties. When the company was sold in 1985, Mr. Kelly was CEO of four of their publicly traded REITs with combined capitalization in excess of $1 billion dollars.
  • Subsequently Mr. Kelly was principal of MK Consulting Company providing a full range of real estate services to clients in California and Texas, and a principal with an East Bay based partnership, engaged in private equity real estate investment and development in California.
  • In 2001, Mr. Kelly formed MK Equities Group focused on commercial and residential real estate in San Francisco and in 2009, formed Urban Real Estate with partner Monica Finnegan to engage in real estate development and redevelopment in San Francisco.

Special Qualifications

Mr. Kelly blends practiced analytical skills with years of experience in acquisition, development, financing, management and disposition of commercial real estate nationwide. Trained in his early career by Dun & Bradstreet as a business analyst and manager, Kelly is a solutions-oriented pragmatist. He has successfully negotiated complex real estate transactions for both apartment and commercial projects. Demonstrating proficiencies in rehabilitation and adaptive re-use of buildings and historic structures, he has restored properties to new uses and added significant value for many owners and investors.

Kelly has appeared before planning commissions and historic landmark boards, and more recently served on the planning commission and city council in Sausalito where he was mayor in 2007. He uses his considerate political skills to find agreement or consensus in partnership disputes, as well as public/private interfaces such as those that occur among governmental planning bodies and owner/developers. He is known for his perseverance resulting in satisfying resolutions for clients and partners.

Curriculum Vitae

Career Experience

Mike Kelly is a Bay Area developer with over 35 years’ experience in the acquisition, disposition, development, adaptive reuse, and leasing and management of income producing real estate. He is a Principal at Urban Real Estate Equities, LLC, in San Francisco.

  • Mr. Kelly joined Consolidated Capital in 1972 and was responsible for the negotiation, acquisition and disposition, development, leasing and management of more than $2 billion in commercial and multi-family residential properties. When the company was sold in 1985, Mr. Kelly was CEO of four of their publicly traded REITs with combined capitalization in excess of $1 billion dollars.
  • Subsequently Mr. Kelly was principal of MK Consulting Company providing a full range of real estate services to clients in California and Texas, and a principal with an East Bay based partnership, engaged in private equity real estate investment and development in California.
  • In 2001, Mr. Kelly formed MK Equities Group focused on commercial and residential real estate in San Francisco, and in 2009 formed Urban Real Estate with partner, Monica Finnegan, to engage in real estate development and redevelopment in San Francisco.
Real Estate Development & Redevelopment – Representative San Francisco Projects
  • 445 Bush Street - 45,000 sf office bldg., historic renovation
  • 300 Brannan Street – 67,000 sf office renovation and repositioning
  • 74 New Montgomery Street – 120,000 office bldg conversion to 107 residential condominiums, historic renovation
  • 945 Bryant Street – 40,000 sf adaptive reuse, warehouse to multi media/office use, headquarters of Pets.com
  • 840 Brannan – 25,000 sf expanded to 50,000 sf mixed use retail, REI major tenant
  • 190 Ninth Street – 45,000 sf adaptive reuse, industrial to office.
Real Estate Fund Management
  • President & CEO – Consolidated Capital Income Opportunity Trust. Combined mortgage and equity NASDAQ traded REIT.
  • President & CEO – Consolidated Capital Income Opportunity Trust II. $400 million public offering
  • Vice President & CEO Consolidated Capital Special Trust
  • Vice President & CEO Consolidated Capital Income Trust
  • Co-General Partner – numerous private California Limited Partnerships
Professional Certifications and Licenses
  • California Licensed Real Estate Broker
Education
  • Bachelor of Arts - San Francisco State University
  • Masters in Business Administration - Pepperdine University
References and Testimonials
Mark Hennigh, Esq.

Green, Radovsky, Maloney, Share & Hennigh 415-981-1400 mhennigh@grmslaw.com

Pamela Duffy,Esq.

Coblentz Patch Duffy & Bass 415-391-4800 psd@cpdb.com

Mary Murphy, Esq.

Gibson Dunn 415-393-8257 mgmurphy@gibsondunn.com

Olle Lundberg – Architect

Lundberg Design 415-695 -0110 olle@lundbergdesign.com

Mike McCarthy – Sr. VP Leasing

Colliers International 415-288-7855 mike_mccarthy@colliers.com

Clint Lininger, CPA – Real Estate Owner/Investor

Real Estate Owner/Investor 805-482-5041 clint@cwlininger.com

Mary Wagner, Esq.

City Attorney, City of Sausalito 415-453-8866 mwagner@ci.sausalito.ca.us

Contributions to Profession and Community
  • Member, Board of Directors, San Francisco Architectural Heritage
  • Planning Commissioner – City of Sausalito, 2002-2004
  • Council Member & Former Mayor – City of Sausalito, 2004 – Present
  • Member & Property Manager, San Francisco Planning + Urban Research Association
  • Lecturer, UC Berkeley Extension and Golden Gate University
  • Speaker, numerous conferences including Urban Land Institute
  • Mr. Kelly has taken an active role in making music throughout the Bay Area. A tireless member of The Family Club, a 107-year old San Francisco thespian and musical institution, he leads The Family’s 17 piece big band and is the originator and lead of West Coast Cool, a jazz octet and The Brass Express, a band specializing in the music of Blood, Sweat and Tears and Chicago. He sponsors an independent record label fostering striving artists in their pursuit of jazz, childrens and classical music. In 1993, his label d’Note Records was nominated for a Grammy for his production of Tubby the Tuba with The Manhattan Transfer.