Arrow Real Estate Advisors, a commercial real estate advisory firm specializing in debt and equity placement, promoted Jacob Petrovic to Director. In his expanded role, Petrovic will complement the firm’s continued growth across Chicago and broader Midwest markets while continuing to execute financing assignments nationwide.
Petrovic joined Arrow at the firm’s launch in 2024 and has played an integral role in the underwriting, structuring and execution of more than $3.5 billion in debt transactions across the firm’s national platform.
As Director, Petrovic will serve as an advisor to developers and institutional sponsors nationally, with a particular focus on construction, bridge and transitional financing. Leveraging Arrow’s extensive network of banks, debt funds, life insurance companies, agencies and alternative capital providers, Petrovic will help clients secure financing solutions tailored to complex development and value-add opportunities.
Petrovic has experience across a broad range of asset classes, including multifamily, mixed-use, retail, industrial and hospitality, with particular expertise in construction and bridge financing for development and value-add projects.
Notable recent transactions that Jacob participated in include the $377 million construction financing for a 462-unit, 64-story residential development at 8 Carlisle Street in Manhattan’s Financial District, the $105 million lease-up refinancing for The Pecora in Long Island City and the $137 million multi-phase lease-up and permanent financing for The Grove development in River Grove, Illinois.
