NEW YORK CITY—Drew McCourt is taking the reinsat MG Properties,the real estate investment anddevelopment arm of McCourt Global. Based in NewYork City, he'll lead day-to-day real estate activity at the firmas its president.

Specifically, that entails identifying and assessing newinvestment opportunities, the deployment of capital and theultimate development of properties. A principal of McCourtGlobal and the fifth generation of a family in the business since1893, McCourt will also play a key role in establishing and growingpartnership and joint venture opportunities for MG Properties.

Previously, Drew helped drive business development activity forMcCourt Global and helped guide its philanthropic strategy. Beforethat, he held numerous positions within the Los Angeles Dodgersorganization.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.