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Years of Experience

We Are RM Developers

Building Chicago's Future

New Construction & Development

Full-scale ground-up development from site acquisition through certificate of occupancy. We manage every phase with precision, delivering projects that meet municipal standards and exceed community expectations.

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Rehabilitation & Adaptive Reuse

Strategic rehabilitation of existing properties into modern, code-compliant assets. We specialize in transforming underutilized structures while preserving neighborhood character and maximizing value.

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Government Financing & Programs

Expert navigation of government programs, tax incentives, and institutional lending. We structure deals that satisfy regulatory requirements while maximizing returns and ensuring long-term project viability.

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Development Consulting & Advisory

Strategic consulting for government agencies, financial institutions, and developers on project feasibility, program compliance, and execution strategy. Our advisory services leverage decades of experience.

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ABOUT RM DEVELOPERS

Experienced Partners in Real Estate Development

RM Developers is a full-service real estate development firm specializing in residential and commercial development projects across Chicago. With over 25 years of combined experience, our team delivers comprehensive solutions from financing and approvals to ground-up construction and rehabilitation.

Our expertise lies at the critical intersection of government relations and construction management. We maintain established relationships with municipal decision-makers and possess deep knowledge of state and city financing programs—enabling us to secure approvals and funding where others cannot. More importantly, we execute. Our projects are completed on time, on budget, and to specification.

We develop affordable housing and revitalize disadvantaged communities through strategic partnerships with government agencies and financial institutions. Our track record speaks for itself: successful navigation of complex regulatory requirements, consistent delivery of quality construction, and lasting impact on the neighborhoods we serve.

Comprehensive Real Estate Development Services


New Construction & Development

Full-scale ground-up development from site acquisition through certificate of occupancy. We manage every phase with precision, delivering projects that meet municipal standards and exceed community expectations. Our comprehensive approach encompasses land evaluation, zoning approvals, permitting, and construction oversight to ensure seamless project execution.

From initial feasibility studies to final inspections, our team coordinates architects, engineers, contractors, and municipal officials to keep projects on schedule and within budget. We specialize in multi-unit residential developments, mixed-use properties, and affordable housing projects that align with community development goals and satisfy regulatory requirements for residential and commercial development financing.

Rehabilitation & Adaptive Reuse

Strategic rehabilitation of existing properties into modern, code-compliant assets. Our rehab portfolio demonstrates our ability to transform underutilized structures while preserving neighborhood character and maximizing value. We excel at identifying properties with strong potential and executing renovations that breathe new life into aging buildings.

Our rehabilitation projects range from cosmetic updates to complete structural overhauls, including mechanical, electrical, and plumbing system upgrades. We navigate historic preservation requirements, environmental remediation, and accessibility compliance while maintaining project timelines. Each rehabilitation is designed to enhance property value, reduce operating costs, and position assets for long-term success in their markets.

Public / Private Financing & Programs

Expert navigation of government programs, private financing, tax incentives, and institutional lending. We help clients identify and access funding sources while structuring deals that satisfy regulatory requirements and ensure long-term project viability. Our deep understanding of federal, state, and municipal financing programs positions clients to access capital that would otherwise remain out of reach.

We maintain established relationships with aldermen, city officials, and program administrators who control access to development incentives and funding. From Low-Income Housing Tax Credits to Tax Increment Financing districts, new market tax credits to opportunity zone benefits, we identify and secure every available financing tool. Our expertise ensures compliance throughout the application process and project lifecycle, protecting your investment and reputation.

Development Consulting & Advisory

Strategic consulting for government agencies, financial institutions, and developers on project feasibility, program compliance, and execution strategy. Our advisory services leverage decades of hands-on development experience to help clients make informed decisions before committing capital. We provide objective analysis on market conditions, regulatory pathways, and risk mitigation strategies.

Whether you're a municipality seeking qualified developers, a lender evaluating project viability, or a developer entering new markets, our consulting services provide the clarity needed for confident decision-making. We conduct due diligence reviews, assess construction budgets, evaluate team capabilities, and identify potential obstacles before they become costly problems. Our goal is to position every stakeholder for success through transparent communication and realistic planning.

The Team

London Rakestraw, Partner

London specializes in government relations and development financing, with proven success navigating municipal and state programs. His background includes leadership roles at the White House and U.S. Department of Transportation, where he honed his expertise in strategic communications and high-stakes negotiations. London's established relationships with federal, state, and local officials have secured approvals and funding for multiple large-scale developments. His strategic approach to financing structures deals that satisfy regulatory requirements while maximizing project viability and community impact.

Michael Moore, Partner

With over two decades of real estate development experience and more than 200 completed projects, Michael has built his reputation on flawless execution. Since 2001, he has specialized in rehabilitation and new construction across Chicago's South and West Sides, with expertise as a general contractor, property manager, and developer. As founder of MRM Construction Inc. and a former licensed Real Estate Broker, Michael's operational expertise guarantees that approved projects move from plans to reality—a critical requirement when working with government contracts and institutional partners who demand accountability.

Partner With Proven Developers

RM Developers works with government agencies and financial institutions seeking experienced partners who deliver results. Contact us to discuss your development objectives.

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RM DEVELOPERS


RM Developers delivers strategic real estate development solutions across Chicago. Specializing in residential and commercial development projects, we combine deep financing expertise with proven construction management to create lasting community impact.
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