Michael Mikelic
Investment Professional in New York
A Certified Commercial Investment Member (CCIM) through the CCIM Institute, Michael Mikelic manages the King Penguin Opportunity Fund II and the King Penguin Opportunity Fund III. He got his start with the original King Penguin Opportunity Fund in 2009. Michael Mikelic’s daily responsibilities include expanding the King Penguin portfolio by acquiring downtown commercial properties in secondary cities across the United States.
Current property holdings under his management include multimillion-dollar office buildings at 429 and 429 Forbes Avenue in Pittsburgh, Pennsylvania. His previous property investments have earned internal rates of return that ranged from 14.55 to 32.11 percent.
Michael Mikelic previously served as treasurer and board member of Trump Place in lower Manhattan. This position placed him in charge of the financial operation of approximately 300,000 square feet of residential housing, office, retail, storage, and parking space. Mr. Mikelic laid the foundation for his 20-year career with a bachelor of science in economics from the University of Michigan in Ann Arbor.