From Single-Family Homes to 200-Unit High-Rise, With Tony Andrews and Dimitri Nassis

Chicago real estate firm Tandem built an impressive portfolio scaling from single-family homes to a 200-unit high-rise in the competitive market. Co-founders Tony Andrews and Dimitri Nassis share their remarkable journey — which recently got noticed by Crain’s Chicago Business —with McGuireWoods partner and host Phil Coover.

After reconnecting at an airport, the childhood friends partnered on their first profitable single-family project. “The accounting was very simple for me,” Tony recalls. “It’s pluses and minuses and a little bit of division.” The duo expanded into multifamily developments, weathering the recession of ’08 and the COVID-19 shutdown.

Tune in for their insights about vertical integration in development, the hidden profit strategies some general contractors use and prioritizing transparency over traditional bidding battles.