We are not mind readers but we will build what is in your mind
WE ARE 3F
Meet The Team
The 3F Team is made up of experienced real estate developers and builders with decades of experience. We foster a culture of trust and accountability. We empower our team members to think creatively, solve complex problems and recommend solutions that maximize value for our clients. 3F is committed to providing a work environment that fosters personal and professional growth.
Mike Obloy co-founded 3F Construction. He is responsible for the company’s acquisitions, development, and construction management activities.
Mike brings 18 years of direct real estate experience to 3F Construction. During his career, he has led the acquisition, development, construction, management, and sales of over 1,000 residential units, with a value in excess of $325M. He has built and led acquisition, development, construction, and sales teams, and implemented operational platforms that reduced costs, increased efficiencies, and streamlined workflow. He has extensive experience managing the successful execution of multiple projects simultaneously. More recently, Mike was Principal and Operating Officer at Hyperion Homes LLC (now Home Partners of America) where he was responsible for developing and leading sourcing and acquisitions activities, establishing an operating platform that acquired over 200 single family homes in 4 markets across the county.
Mike holds a Bachelor’s degree in Business Management from DePaul University and was recognized by the Department of Management for Outstanding Achievement in Real Estate Management. He is a Board Member of the City of Chicago Chapter of the Home Builders Association of Greater Chicago (HBAGC) and previously held positions on its Executive Committee and Regional Board of Directors. Mike is also a member of the ELY Chapter of Lambda Alpha International, an honorary society for the advancement of land economics.
Drew Friestedt brings 20 years of real estate development and hands-on business operating experience to his role at 3F Construction. He has developed over $1B of real estate across all asset classes, ranging from large mixed-use developments to regional malls.
Before co-founding 3F Construction, Drew was Chief Operating Officer at Centrum Properties, one of Chicago’s largest development companies. In addition to his operational responsibilities at Centrum, he managed the design, development, entitlement, and financing of the Roosevelt Collection, a $750 million mixed-use development in Chicago’s South Loop. From 1996 to 2006, he worked at General Growth Properties, Westfield Group, Kravco Company and Lucent Technologies where he managed the development and expansion of regional malls, office buildings, and manufacturing facilities exceeding $400 million in value.
Drew holds a BS in Construction Management from Arizona State University and an MS in Real Estate Development from the Massachusetts Institute of Technology.
Dawn brings over 18 years of real estate finance and accounting experience to her role as the Vice President of Finance for 3F Construction. She manages all accounting, reporting and financial aspects for the company and its portfolios.
Before starting her career at 3F Construction Dawn was a Vice President, Senior Fund Account Manager at BNY Mellon. Dawn started her career on Wall Street working for JP Morgan in their Financial Control Outstanding Division where she became an Accounting Officer. After relocating back to her hometown Chicago she worked for Ernst & Young Kenneth Leventhal Real Estate Group as a Senior Auditor. Having a desired to continue her work in real estate finance and accounting she obtained a position at RREEF (Rosenberg Real Estate Equity Funds), which was later acquired by Deutsche Bank, and therefore became a part of their Deutsche Asset & Wealth Management Real Estate Investment Group. At Deutsche Bank Dawn was responsible for the financial affairs of 1 REIT with assets in excess of $565 million and 5 separate account funds with assets in excess of $1 billion. After working at Deutsche Bank for over 15 years the fund finance team at Deutsche Bank was acquired by BNY Mellon. At BNY Mellon Dawn was responsible for leading a team of fund accountants in all aspects of the day to day activities for the fund administration of a REIT and various separate account funds with assets in excess of $2 Billion.
Dawn holds a BS degree in Accounting from Hampton University, and an MBA with a concentration in Real Estate Finance from Roosevelt University.
Jeremy Reis is a principal in the law firm Ruttenberg Gilmartin Reis LLC. Jeremy has a wide range of expertise, including residential and commercial acquisitions and dispositions, development and real estate-based corporate matters. In his role as General Counsel to 3F Construction, Jeremy is an advisor and provides legal guidance in all matters to 3F Construction.
About 3F Construction
3F Construction is a Chicago based General Contractor founded by developers of multifamily and commercial real estate. 3F disrupts the traditional contractor-owner relationship. Our team works relentlessly to identify ways to make each project more efficient. We provide value for our clients through value-engineering, optimizing layouts, and procuring construction material directly.
We think like real estate developers and apply our experience with every project. That is how we are different and why so many institutional developers hire us to renovate their properties.
We work with some of the best clients
Innovate each project with no exceptions.
We are experts at identifying value, coordinating and executing on all project phases for a successful and timely completion.
Always overdeliver to our clients.
In order to keep costs down 3F leverages its experience in high volume material procurement, taking a chapter from production home builders.
Build things that inspire people.
Our team is founded by experienced real estate developers with an extensive background in general contracting and construction management.