Phil D. Forbes headshot

Phil D. Forbes

(312) 445-5454

Phil D. Forbes has been active in the commercial real estate industry since 2011. Mr. Forbes has become skilled in the extensive analysis of financial statements, performing in depth market research, the development of client/project specific templates, and due diligence assignments.  During his tenure, he has worked with a range of institutional and non-institutional clients on a wide variety of properties in terms of both spectrum of asset types, including retail, office, industrial, and multifamily uses, and complexity of asset, ranging from triple-net retail properties to trophy assets and global headquarters.

Prior to his current role, Mr. Forbes was the Director of Research in the Chicago office where he specialized in the production of a wide array of economic and market reports and works to maintain the high quality of the research materials produced by Chicago’s Research Group.  Mr. Forbes is experienced in conducting in-depth research in all properties types nationwide, with an emphasis on retail, industrial, multifamily, office, and special-use properties.


University of Chicago
Chicago, Illinois

  • Graduated with honors with a BA in Anthropology

Professional Affiliations

Urban Land Institute

  • Member

International Council of Shopping Centers (ICSC)

  • Affiliate Member

Appraisal Institute

  • Practicing Affiliate


Certified General Appraiser

  • Currently licensed in multiple states