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Urban Renaissance Group CEO Stepping Down

Commercial real estate firm Urban Renaissance Group announced that founder and CEO Pat Callahan will step into a new role and continue to serve on the URG Board. URG’s current president and Chief Investment Officer, Matthew Simo, who has been with the company since it launched in 2006, will take over as CEO when the transition occurs at the end of 2024.

“I am deeply honored to step into the role of CEO at URG,” said Simo. “Pat’s unique blend of visionary and compassionate leadership has been the cornerstone of this company’s success for nearly two decades. I look forward to building on this strong foundation and leading URG into an exciting and transformative future.”

Prior to joining URG, Simo worked at Trizec Properties in Chicago. He also serves on the Runstad Department for Real Estate Advisory Board at the University of Washington. Prior to founding URG, Callahan held several roles at Equity Office Properties Trust. As SVP and regional head, he oversaw a business unit of 18 million square feet, 114 buildings, 300 employees and more than $450 million in revenue in Seattle, Bellevue, Portland, and Denver.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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