Kevin P. Maloney (born December 5, 1958) is an American real estate developer and founder of Property Markets Group.The Real Deal: "PMG founder Kevin Maloney on avoiding Attica, leveraging his student loans and raising chickens" by Katherine Clarke April 01, 2014
Biography The son of a lawyer in the United States Marine Corps Maloney was raised on a farm. He graduated from University at Buffalo where he used his student loans to purchase several properties. After college, he worked for Chemical Bank in New York City and then Ensign Bank where he was responsible for their real estate unit. In 1991, he founded Property Markets Group which specializes in residential projects in New York, South Florida and Chicago.New York Times: "Kevin P. Maloney - The 30-Minute Interview" By VIVIAN MARINO June 4, 2013 In 1994, Gary Barnett (who would later found Extell Development Company) and Ziel Feldman (who later founded HFZ Capital Group) joined him as principals of the firm.New York Times: "NEIGHBORHOOD REPORT: UPPER WEST SIDE;Restoration Plan Irks Tenants" By BRUCE LAMBERT January 21, 1996
Maloney has developed or is developing a number of prominent buildings including the 60 story, 750 foot Echo Brickell in Miami,Forbes: "Rise Of The Super Towers: The Next Big Thing In Luxury Housing" by Morgan Brennan April 20, 2013Miami Herald: "Super tall condo coming to Brickell" April 12, 2013 the $160 million condominium project, Echo Aventura, in Aventura, Florida,South Florida Business Journal: "MG’s Kevin Maloney talks about the company’s strategy" by Oscar Pedro Musibay January 25, 2013The Real Deal: "PMG, JDS kick off $160M Miami condo project" By Hortense Leon March 08, 2013 and two projects being co-developed with Michael Stern, the 1,428 foot 111 West 57th Street in Manhattan,The Real Deal: "Solidarity Never: JDS, PMG look to build supertall tower sans union labor - 'It would be unprecedented': Extell's Gary Barnett, on 111 West 57th St January 15, 2015Curbed New York: "57th Street Tower Ignores the Existence of Taller Neighbors" by Hana R. Alberts March 30, 2015New York Yimby: "Interview: Michael Stern Of JDS Development" BY: NikolaiI Fedak January 24, 2014 and the Walker Tower at 212 West 18th Street in Chelsea which they are converting into condominiums.
PMG typically partners with other firms who are having some difficulty closing a project and need additional capital or expertise. PMG does not hold onto real estate as a long term investment; instead they sell it to either a third party or a real estate investment trust typically after it has been mostly leased or sold out as condominiums.
Personal life Maloney lives in Manhattan and Miami. He is married to Tania Babic, from London, with whom he has three children. He also has two adopted children from a previous relationship.
References
hello Do not lisen to this wikipedia people can type on it and change the real thing.
External links Property Markets Group website