the ground up
in real estate development provides the creative structure that
builds alum's lifelong passion
has a passion for building.
was evident in the Lego masterpieces he created as a boy,
and it shines in the nine-block makeover along North Michigan
Avenue that he helped manifest as a Chicago real estate developer
in the late 1990s.
when the Kellogg School graduate decided to pursue a career
outside the tried-and-true MBA world of consulting and investment
banking, he approached it the same way: He built it from the
wasn't in a field that was being heavily recruited, so it
became clear to me that I would have to go out and find my
own opportunities," says Carreira, a senior vice president
at The John Buck Company, a Chicago real estate development
going into nontraditional areas, such as entrepreneurship
or real estate development, kind of have to do it the hard
way," he added. "It's not realistic to expect to
be recruited on campus by a company that may hire just one
or two people a year."
his classmates lined up for interviews at the school's Career
Management Center, Carreira began his quest for a growth
position in real estate development. He knew finding that
ideal post-Kellogg job wouldn't be easy. But he also knew
he had a powerful tool at his disposal: the Kellogg alumni
that vast resource, however, was a thornier task in those
pre-Google days. Carreira combed through a thick printout
of alums working in real estate development, eventually identifying
was old-fashioned networking — just reaching out to
Kellogg alumni, hoping they'll open some doors or take your
résumé to the right people," Carreira recalls.
interviews and an internship later, Carreira landed his first
job at John Buck. His early research has paid off in a challenging
and fulfilling career at the firm ever since.
his early days assembling pro forma project budgets to his
current position as senior vice president, Carreira has played
pivotal roles in some $1 billion in real estate developments.
Those include the North Michigan Avenue project, which involved
several hotels and a Nordstrom-anchored retail development,
and most recently a 51-story office building at 111 South
dream work for Carreira, who earned his undergraduate degree
in architecture but soon realized that designing buildings
didn't satisfy his urge to create. He wanted to join the visionaries
behind the buildings — the developers who could take
a project from conception to completion.
an architecture undergrad, I had minimal exposure to business,"
he says. "It became evident that getting an MBA was a
emerged from Kellogg knowing how to turn a real estate project
into a viable business venture. Now he's involved in managing
and integrating site acquisition, financial analysis, entitlements,
design, leasing, construction and project financing. "I'm
responsible for a much bigger picture than I had ever understood
before," he says.
Carreira, the experience proves the value in charting his
own path and seeking help from his Kellogg peers — and
in giving back. Today, he serves as a mentor to Kellogg student
Agustin Rizo '08, whose background and aspirations are uncannily
similar to Carreira's.
been very honest about the challenges I might face, where
the opportunities might be and where I might want to strengthen
my résumé," says Rizo, who like Carreira is a Chicago
native, the son of immigrants and a former architecture student
at the University of Notre Dame.
a busy guy and there are plenty of things to occupy his time,"
Rizo adds. "But he's been very gracious in helping me.
He's worked hard and done the right things, and he's a role
model for me to follow."
believes in perpetuating the lessons and spirit of the Kellogg
experience he enjoyed.
who graduate from Kellogg and feel proud of the education
they received are motivated to help those who attend Kellogg
after them," he says. "If you feel it was a good
experience for you, you certainly want it to be a good thing
and valuable step for others."