Mr. Krivor developed an interest in real estate at a young age. He spent his teenage summers working at his uncle’s high-rise and commercial construction sites in Chicago.
While studying Economics at Northwestern University, he observed an incredible demand for affordable single-family homes in south Florida. Eager to take advantage of the market opportunity, Mr. Krivor took a leave from college at 19 and founded his first homebuilding company in 2004.
The firm initially set out to build 5-10 homes annually. By the end of 2006, the Company had built and sold over 200 homes. Recognizing the trend away from homeownership in 2008, Mr. Krivor sought to transform the firm into a powerhouse for multifamily development with a strong focus on upscale suburbs with difficult zoning laws.
He approached a family friend for equity and invested a great deal of his own money and in 2010, Dolce Living Mansfield, Mr. Krivor’s first rental community, opened its doors. Since then, under his various brand names, Mr. Krivor has led the development of approximately 5,000 apartments across five markets in the United States. Mr. Krivor formed the Sovereign Properties brand in 2017.
Today the firm manages over $250 million in committed capital to construct and acquire multifamily developments throughout the American southeast.