John J. O’Donnell is Chief Executive Officer of The Michaels Organization, a national leader in residential real estate with more than $4.5 billion in assets, and is serving more than 100,000 residents in 360 rental communities across 35 states, D.C., and the U.S. Virgin Islands. Comprised of nine independent but integrated companies, The Michaels Organization’s capabilities include all aspects of housing development, construction, property and asset management, tax credit syndication, and mortgage financing. The executives as well as the COO report directly to Mr. O’Donnell.
Under Mr. O’Donnell’s strategic direction, The Michaels Organization has more than doubled in size and grown its portfolio by more than 100 properties. In addition, Mr. O’Donnell has led the organization into several new lines of business, including military and student housing. He also launched a full-service construction company.
During Mr. O’Donnell’s tenure, The Michaels Organization has been named the number one owner of affordable housing for nine years in a row; and, in 2015, named the number one developer of affordable housing by the industry’s leading publication, Affordable Housing Finance Magazine. The Michaels Organization's student housing company, University Student Living, was ranked in the top five of student housing developers in the country by Student Housing Business Magazine in 2015, just four years after The Michaels Organization first began developing student housing. The companies of The Michaels Organization have enjoyed numerous industry awards under Mr. O’Donnell’s leadership, including Development Company of The Year and Property Management Company of the Year.
In 2014, The Michaels Organization was recognized with an Award of Excellence in Corporate Responsibility for its commitment to “giving back”. In 2011, Mr. O’Donnell was named Chief Operating Officer of the Year in the Mid-Atlantic Region. Mr. O'Donnell serves as Chairman of the Board to Better Tomorrows, a nonprofit multi-service organization that provides on-site supportive services to over 40,000 residents in nearly 130 affordable housing communities across the country.
Prior to being named Chief Executive Officer, Mr. O’Donnell served as The Michaels Organization’s Chief Operating Officer and, before that, as its Chief Financial Officer. Before joining The Michaels Organization in 1998, Mr. O’Donnell was a credit analyst in the commercial banking industry. He holds a Bachelor of Science in Finance and Information Systems and a Master’s Degree in Financial Management from St. Joseph’s University.