The Michaels Organization

The Michaels Organization

About The Michaels Organization

Simplify's Rating
Why The Michaels Organization is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Social Impact

Real Estate

Company Size

501-1,000

Company Stage

Grant

Total Funding

$65.7M

Headquarters

Camden, New Jersey

Founded

1973

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for affordable housing aligns with Michaels' core business focus.
  • Growing interest in sustainable building practices supports Michaels' energy-efficient projects.
  • Mixed-income housing developments promote social integration, benefiting Michaels' projects.

What critics are saying

  • CEO indictment may damage reputation and lead to loss of business opportunities.
  • Involvement in alleged criminal activities could result in legal and financial repercussions.
  • Leadership changes may disrupt operations and project timelines.

What makes The Michaels Organization unique

  • Largest developer of affordable housing in the U.S., focusing on community integration.
  • Pioneers in integrating healthcare services into residential communities, enhancing project appeal.
  • Strong track record in public-private partnerships, exemplified by Sagebrush Apartments.

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Funding

Total Funding

$65.7M

Above

Industry Average

Funded Over

2 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

401(k) Retirement Plan

401(k) Company Match

Professional Development Budget

Company News

Rebusiness Online
Dec 9th, 2024
CBRE Arranges Sale of 552-Bed Student Housing Community Near University of Missouri

A joint venture between The Michaels Organization and Capital Solutions Inc. purchased the property from Hamilton Point Investments for an undisclosed price.

CityBiz
Jun 28th, 2024
The Michaels Organization Promoted Matt Sullivan to COO and Named Michael Flanagan as Chief Investment Officer

The Michaels Organization promoted Matt Sullivan to COO and named Michael Flanagan as Chief Investment Officer.

YieldPro
Jun 28th, 2024
The Michaels Organization Names Matt Sullivan New COO and Elevates President of Development Michael Flanagan to New Role of CIO

The Michaels Organization names Matt Sullivan new COO and elevates President of Development Michael Flanagan to new role of CIO.

Street Insider
Jun 27th, 2024
The Michaels Organization Names New Chief Operating Officer, Elevates President of Development to New Role of Chief Investment Officer

Flanagan joined Michaels in 2019 as Vice President of Capital Markets and was named President of Development in 2022.

Steamboat Pilot & Today
Jun 24th, 2024
Yampa Valley Housing Authority cuts ties with Michaels Organization after CEO gets indicted on racketeering charges

The Michaels Organization, a real estate firm that is considered the largest developer of affordable housing in the country, was selected by the YVHA to construct a proposed affordable housing project at Brown Ranch under a memorandum of understanding signed in July 2023.

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