When asked about how long he has been interested in real estate, Cory McClendon revealed that he has been captivated by the industry since he was in high school. He has been investing in real estate for about ten years now and, before he reached the age of twenty-four, he has established a multi-million-dollar portfolio. Cory is a real estate developer, entrepreneur, and the owner of a real estate development company. With a focus on developing structures mostly in the Midwest, Cory’s company specializes in new construction affordable housing in neighborhoods that are in high-demand. Specifically, Cory McClendon and his companies offers a variety of services including site identification, back of envelope analysis (BOTE), full feasibility modeling, and project management. In addition, they source permanent funding and equity raising resources.
Cory has earned a Bachelor of Science degree in Real Estate and Finance from Marquette University in Wisconsin, and he is currently working towards his Master of Business Administration (MBA). He proudly serves as a NAIOP Public Policy committee member and, at one point, he was given the honor of receiving the NAIOP Developing Leader Award. One of Cory’s missions is to encourage minority members to bring their intelligence and perspective to the world of commercial real estate as the industry lacks diversity. In addition, his professional goal is to continuously improve his skills so he may provide the best quality housing possible for years to come. With his extensive background in real estate and a current real estate development pipeline of over $100 million dollars, Cory is confident in his abilities to provide quality services to his clients and the future residents of the projects his company builds.
Having grown up in a low-income household within an impoverished community, Cory sees the importance and need for quality structures within the affordable housing sector. When he is away from work, Cory enjoys de-stressing by training in Mixed Martial Arts including Muay Thai and Jujitsu. In addition, he loves to travel and explore the world as well as spend time with his family and friends. Even when Cory is out of the office, he finds himself continuing his education and researching updated best practices within the world of real estate development. Navigating the realm of real estate development has been a long and difficult journey for him, but he has found it to be his true passion in life. His favorite aspects of the field is turning an idea into a reality and to develop a final product that has a positive effect on people’s lives.
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