Allan Gutkin – Principal
Stanford University, B.A. with distinction 1984
Stanford Law School, J.D. 1987
Allan Gutkin knew from an early age he wanted a career in real estate. Raised in north-central Phoenix and having attended Madison Rose Lane Elementary School and Central High School, he has always thought of Phoenix as home. Allan graduated from Stanford University in 1984 with distinction and from the Stanford Law School in 1987. Following a judicial clerkship in his hometown, Allan practiced real estate law and eminent domain law for 11 years in San Francisco, Los Angeles, San Diego, and Phoenix. With years of real estate retail experience and a strong desire to bring life back to the city he grew up in, Allan founded JAG Development in 1999.
Benjamin Gutkin – Principal
Stanford University, B.A. 1994
Kellogg School of Management, Northwestern University, M.B.A. with distinction 2002
Phoenix native Benjamin Gutkin grew up learning real estate from his father and grandfather. He began his own real estate career in the early 1990s working for the family business in Phoenix before moving to Los Angeles to work for CB Richard Ellis. As a Financial Analyst for CBRE, Benjamin underwrote more than $700 million of real estate assets across a wide range of development types including retail, office, multi-family, and industrial projects. He left CBRE to work as an Associate for Sonnenblick-Goldman Company, a boutique real estate investment bank, where he facilitated transactions involving the sale and financing of over $160 million of institutional commercial real estate assets and new developments.
After graduating from business school in 2002, Benjamin returned to work in the real estate industry. Before becoming a principal in JAG Development, Benjamin worked in acquisitions for a retail real estate firm in Los Angeles. In 2005, Benjamin returned to Phoenix and joined his brother Allan in the quest to build on the urban energy of downtown. The two have developed several residential projects over the last decade, and have acquired and managed dozens of commercial properties for both their personal and family accounts.