Steve brings more than 40 years of experience in real estate and development advisory services. He has authored several articles, spoken at many state and national association conferences, and served on several community assistance panels. In 1994, he served as series chairman for the Urban Land Institute Chicago District Council's "An Agenda for Growth of the Chicago Region," and served as chair of the ULI Chicago District Council from 1998 to 2000. He is a member of the American Society of Real Estate Counselors, a member of the College of Fellows of the American Institute of Certified Planners, and a full member of the Urban Land Institute. His civic affiliations include the Civic Federation, University of Illinois at Chicago Real Estate Program Advisory Board and the ULI Urban Development Mixed-Use Council - Purple (Chair). In April 2013, he received the James Felt Creative Counseling Award of the Counselors of Real Estate for his development advisory role on The Shops and Residences of Uptown Park Ridge project. Steve holds a B.A. from Goddard College in Plainfield, VT and an M.S. in Urban and Regional Planning from the University of Wisconsin-Madison.
Stephen B. Friedman, FAICP, CRE
Practice Leader / Executive Vice President
Tony is a specialist in feasibility, strategy and financial aspects of community and economic development. While at SB Friedman, he has led numerous assignments including tax increment financing (TIF) analyses and eligibility studies, area revitalization strategies, feasibility-testing for redevelopment scenarios, negotiation and structuring of public-private financing for high-impact projects, and a range of New Markets Tax Credit (NMTC)-related services. Over the last nine years, he has participated in the origination of over $1.07 billion of public-private financing (including tax credit, TIF, revenue bond, and gap financing loan transactions) in support of over $2.75 billion of project investment. Of this activity, about 79% took place in low-income and disinvested communities as part of economic revitalization efforts. Tony has extensive NMTC-related experience, including the preparation of multiple successful NMTC allocation applications, securing $649 million of allocation and structuring/closing of about $687 million in NMTC transactions. He holds both Master's and Bachelor of Arts degrees from the University of Pennsylvania. He is a member of the American Planning Association, Urban Land Institute, Lambda Alpha Honorary Land Economics Society, and the Council of Development Finance Agencies (for which he also serves as national TIF curriculum advisor and instructor and lead editor of CDFA’s 2009 Advanced TIF Guide).
Ranadip Bose, AICP
Senior Project Manager
Ranadip has deep expertise in real estate market analysis, financial analysis, economic and fiscal impact studies, and urban economic development strategy. He excels in tackling various urban economic issues and delivering research-based implementation strategies to clients. He has led a consulting effort to foster economic development in the manufacturing sector under the Chicago Sustainable Industries initiative, and evaluated the effectiveness of various value capture mechanisms for transit improvements for the Chicago Metropolitan Agency for Planning. Other experience includes a market analysis and implementation of the lakefront area in downtown Cleveland, redevelopment strategies in connection with the Michael Reese Hospital site in Chicago, and a sector-based market analysis and master planning process for the Milwaukee 30th Street Industrial Corridor. Ranadip has a Master’s degree in Urban and Regional Planning from the University of Illinois at Urbana-Champaign and a Bachelor’s in Architecture from Jadavpur University, India. He is a member of the American Planning Association, Lambda Alpha Honorary Land Economics Society, and Urban Land Institute.
Geoffrey Dickinson, AICP
Senior Project Manager
Geoff is a real estate and economic development advisor with expertise in public-private finance partnerships, financial deal reviews and gap analysis, special taxing district (TIF, business district/special service area) establishment, market analysis and development strategy, and project implementation advisory services. While at SB Friedman, Geoff has assisted Presence Health in securing TIF and New Markets Tax Credit funding to help pay for the relocation of its affiliate, Resurrection University, from Oak Park to Chicago; and led numerous deal reviews for both public and private sector clients to evaluate or determine the need for and amount of financial assistance, including the City of Brookfield, Wisconsin and the Village of Lakewood, Illinois. He has also provided market-based development advisory services to public, private and institutional clients, and led multiple special district eligibility studies and designations throughout Illinois. Geoff holds a B.A. in History from Northwestern University, and a Master of Urban and Regional Planning degree from the University of Michigan. He is a member of the American Planning Association, Illinois Economic Development Association and Lambda Alpha Honorary Land Economics Society, and serves on the board of the Illinois Tax Increment Association and the Renaissance Council for Presence Saints Mary and Elizabeth Medical Center.
Fran Lefor Rood, AICP
Senior Project Manager
Fran focuses on real estate market analysis, redevelopment strategy, special district designation and reporting, fiscal and economic impact analysis, and financial deal reviews. Her ability to analyze various market scenarios and recommend strategic redevelopment options has been key to informing policy and development decisions. Fran’s work includes a downtown revitalization strategy in Midland, Michigan, market analyses and development strategies for the Cleveland lakefront and Cleveland Hopkins International Airport, a fiscal impact analysis of local development projects on the Chicago region for the Chicago Metropolitan Agency for Planning, and a comprehensive research and analysis assignment to develop TIF Status Reports and Strategic Review and Implementation Plan Reports for the City of Chicago. Prior to joining SB Friedman, Fran was a Senior Research Analyst at the Cook County Assessor’s Office. She holds a Master of Urban Planning and Policy degree from the University of Illinois at Chicago and a Bachelor of Arts degree in Public Policy from the University of Chicago. Fran is a member of the American Planning Association, Illinois Housing Council and Illinois Tax Increment Association.
Ryan has a background in community and economic development, real estate market analysis, and land use strategy. His experience includes analysis of smart growth development in metro Atlanta, econometric forecasting for fifty real estate markets across the United States, and asset management for a mixed-use complex in Shanghai, China. Prior to joining SB Friedman, Ryan was a graduate research assistant at the Enterprise Innovation Institute, where he advised clients on local economic development strategy, workforce development and economic impact analysis. Ryan holds a Master of City and Regional Planning, with concentrations in land and economic development, from Georgia Tech, and a Bachelor of Science in Business Administration, with a concentration in finance, from Boston University. He is a member of the Urban Land Institute.
James has five years of experience in economic development, community relations and tax credit finance. Since joining the firm in 2011, he has been instrumental in structuring successful public-private financial partnerships, which have provided support for the expansion of three Federally Qualified Health Centers, and the installation of solar energy and power conservation systems across eleven affordable housing complexes. James has also provided business and real estate consulting services to public, private and non-profit clients in a range of sectors, including manufacturing, entertainment and healthcare. Prior to joining SB Friedman, James contributed to planning and revitalization efforts at the Milwaukee Department of City Development, worked in community and government relations at New York City Economic Development Corporation, and helped manage a $149 million New Markets Tax Credit portfolio for a Harlem-based Community Development Financial Institution. James has a B.S. in Civil Engineering from Marquette University and an M.S. in Urban Planning from Columbia University.
Grace Kim, LEED AP
Marketing and Communications Manager
Grace is the Marketing and Communications Manager at SB Friedman. She has over 10 years of experience in marketing and communications for both professional service firms and not-for-profits. Since joining SB Friedman in 2010, Grace has revamped the firm’s website and led the firm through a rebranding process. She is responsible for managing all proposal and qualifications submittals as well as identifying and managing new business development pursuits. She also maintains and updates all of the firm’s marketing and communications materials. Her other responsibilities include representing the firm at regional conferences, designing and tracking advertising and sponsorships, and preparing awards submissions. Grace received a Bachelor of Arts degree in the College of Letters and French Studies from Wesleyan University (CT). She is a member of the Society for Marketing Professional Services.
Paul A. Dillon, CMC
Paul is an expert in the areas of transportation land use and aviation-related development. He is the president and CEO of Dillon Consulting Services LLC, a Chicago-based business and non-profit advisory firm. With over 35 years of experience, he has directed many studies, among them the economic impact of commuter rail station location alternatives, an analysis of land use at Chicago O'Hare International Airport and Los Angeles International Airport, a redevelopment program for Navy Pier, a tax and employment analysis of the North Loop Redevelopment area, and market and financial feasibility analyses for a new downtown headquarters for the Metropolitan Water Reclamation District of Greater Chicago. Paul has served on numerous non-profit boards and federal, gubernatorial, legislative and mayoral advisory commissions and committees. He is currently a trustee of the Chicago School of Professional Psychology, and a Public Member and Commissioner of the national Commission for Case Manager Certification.
Associate Project Manager
Lance has a background in market analysis, commercial real estate development and economic development planning. His experience includes analyzing development feasibility for a variety of land uses, redevelopment planning, and structuring public-private financing. Prior to joining SB Friedman, Lance was a Geographic Information Systems (GIS) & Research Specialist for a Maryland-based commercial real estate firm, where he was responsible for performing site selection and market potential analyses. He holds a Master’s degree in Real Estate Development from the University of Maryland, as well as a Graduate Certificate in Geographic Information Systems, and a B.A. in Urban Planning and Development from the University of Wisconsin-Milwaukee. He is a member of the Urban Land Institute, American Planning Association, and Young Real Estate Professionals of Chicago.
Caitlin has a background in community and economic development, finance and urban planning. Her experience includes market analysis and forecasting, GIS, and special district designation and management. Her primary area of research has been within the realms of public-private partnerships, downtown business district development, and special taxing and incentive districts. Prior to joining SB Friedman, Caitlin worked for the Better Bankside Business Improvement District in London, UK, where she conducted research on subarea planning frameworks under the new Localism Agenda introduced in Parliament. Additionally, she has worked for the Downtown Boston Business Improvement District as a policy and planning researcher, where she conducted market and financial analysis to determine feasible financing models for their public realm improvements. Caitlin holds a Master of Science in City Design and Social Science from the London School of Economics and Political Science, a dual Master of Business and Master of Arts in Community Development and Planning from Clark University, and a Bachelor of Arts in Economics from Wheaton College (MA). She is a member of the American Planning Association and the Urban Land Institute.
Ethan has a background in urban planning, public-private finance and real estate analysis. His experience includes conducting a market analysis for transit-oriented development in Chelsea, Massachusetts as well as securing EB-5 foreign investment eligibility for community enterprises in Minneapolis, Minnesota. Prior to joining SB Friedman, Ethan was a graduate fellow with the City of Minneapolis where he analyzed implementation strategy for an innovation district near the University of Minnesota. Ethan holds a Master in Urban Planning, with concentrations in Real Estate Development and Urban Design, from Harvard University, and a Bachelor of Arts in Urban Studies and Economics from Washington University in St. Louis. He is a member of the Urban Land Institute and the American Planning Association.
Malcolm has a background in real estate finance, policy analysis and urban planning. His experience includes: developing a white paper for the U.S. Department of Housing and Urban Development on the Challenges of Small Multifamily Finance; advising the City of Richmond, Virginia on how to address over 8,000 tax delinquent and vacant lots; and providing budget analysis for the U.S. Department of Commerce, Economic Development Administration. He has also worked as a manager for Archstone, a national real estate investment trust, for over six years, where he had responsibility for real assets ranging in value from $50-100 million dollars. Malcolm received a Bachelor of Arts degree in Government and a Master of Public Policy, both from the University of Virginia. He is a member of the Urban Land Institute.
Asset Management Associate
Thomas has a background in finance, economic development and entrepreneurship. His experience includes analyzing market conditions for seed-stage companies in central New York and managing a mixed-use development grant in New York’s Southern Tier. He has also been involved in facilitating international development by establishing businesses in rural Rwanda, while working with ThinkImpact, a global social enterprise. Prior to joining SB Friedman, Thomas contributed to downtown and neighborhood business district revitalization efforts while interning at the Binghamton Economic Development Office. He holds a Bachelor of Science in Management, with a concentration in Financial Engineering and a minor in Economics, from Binghamton University.
Associate- GIS Analyst
Harpreet has experience in research and analysis of demographic, real estate and business data, and existing and future development patterns in urban, suburban and rural contexts. She has assisted with land use recommendations for site specific and corridor planning projects. Harpreet holds a B.A. in Geography with a concentration in Metropolitan Land Use Planning and a minor in Economics from DePaul University. She is a member of the Association of American Geographers.
Elise has a background in visual communications, specializing in graphic design software and GIS. Her experience includes communicating transportation and urban planning concepts, including planning maps, project deliverables and client presentations, for a boutique planning firm in Houston, Texas. She also has experience in reviewing planning documents and permits for compliance with City regulations while interning at the City of Anaheim’s Planning Department in California. While at SB Friedman, Elise has been involved in conducting research and drafting TIF district reports for the City of Chicago, as well as designing various marketing materials for the firm. Elise holds a Bachelor of Fine Arts from School of the Art Institute of Chicago and a Master of Urban and Regional Planning (MURP) from University of California, Irvine. She is a member of the American Planning Association.