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March 24, 2022

Urban Renaissance Group

Schmidt

Urban Renaissance Group recently announced that Brad Schmidt has joined the firm as managing director, to help lead its efforts in Denver. He makes the move from Sterling Bay, of Chicago. In his new mile-high post, he’ll oversee four existing investments and look for new development opportunities. URG’s Pat Callahan said in a statement, “Denver is an important growth market for Urban Renaissance Group, and we feel that Brad is the perfect person to lead the charge in our expansion. His diverse experiences in development, acquisitions and operations are key to driving our expansion.” Schmidt has over two decades in the field. URG currently lists about 350,000 square feet in Denver, where it began investing in 2014. Its four current holdings are mixed-use office buildings, but URG now says it wants to expand into multifamily and even hotel development there. It also has two sites where future plans haven’t yet been announced. In Denver, Portland and here, URG sizes its current portfolio at 12 million square feet.




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