Michail Investment Group is an independent and privately owned real estate capital firm with a disciplined, outcome-driven approach to credit risk assessment and real estate financing.
We focus on the mid-market segment of real estate, as these projects often present more value creation due to capital and commercial structuring flexibility.
Our Collaboration
We work with two key groups whose interests naturally align through property and capital:
Investors
We provide direct access to real estate development, investment and financing opportunities supported by experienced counterparties, sound commercial structuring and ongoing risk management.
By sharing in the investment, we align interests, provide clear governance, and deliver results through a disciplined, performance-driven approach.
Developers
We partner with property developers to provide subordinated debt and equity funding for strong-performing developments.
Leveraging our structured finance and development experience, we provide tailored capital solutions that balance stakeholder interests, enhance value and ensure strong project results.
Our Focus
Metropolitan and high-growth corridors in New South Wales and Victoria, where demographic demand and infrastructure investment continue to drive opportunity.
We currently specialise in the following sectors:
Land Subdivisions
Delivering efficient subdivision outcomes that enhance land value and support future development.
Low-Rise Residential Developments
Providing high-quality housing supported by strong market fundamentals.
Mixed-Use Projects
Integrating residential, commercial, and retail uses to maximise land potential.
Industrial Real Estate Assets
Repositioning and developing functional spaces aligned with modern business needs.
Our Team
Steven Michail
Principal
Steven has more than two decades of experience in structured real estate finance, development and investment.
In addition to previously developing his own projects as Principal, he has held senior investment, financing and consulting roles with global real estate firms, leading Australian banks, and advisory platforms across Australia and Asia.
His expertise spans site acquisition, planning and design, highest and best use analysis, financial feasibility modelling, commercial structuring, capital raising, project delivery, sales, marketing and asset management - applying a disciplined, analytical, and commercially grounded approach to credit risk assessment and real estate financing.
Steven has graduated with a Bachelor of Commerce (Management) and a Master of Commerce (Property Investment and Development).
Outside of his professional work, Steven is the Founder of a charitable organisation dedicated to improving the lives and welfare of disadvantaged children in Australia and abroad.
John Macree
Senior Adviser
John has more than three decades of experience across commercial real estate, capital markets and valuation.
He spent 21 years at Jones Lang LaSalle in senior leadership roles, including Director – Capital Markets, NSW Head of Sales & Investments, Regional Director (Asia Pacific), and National Director – Industrial Investments.
John has advised institutional, government and corporate clients including Property NSW, Woolworths, Goodman, Landcom, The Salvation Army, Sydney Water, Parramatta Council, 7-Eleven, GPT, Dexus, Centuria, Grosvenor and major private capital groups on complex development and investment transactions.
His experience spans the sale and repositioning of mixed use, industrial and commercial assets, often involving rezoning, environmental, heritage and probity driven processes.
He is a former Certified Practising Valuer and holds formal qualifications in Valuations and Property Investment Finance.
Our Values
Alignment of Interests
Sharing risks and rewards with our partners ensures everyone works toward the same goals, creating better outcomes and long-term mutual success.
Trust and Transparency
Open, honest communication at every stage builds trust, keeps stakeholders informed, and ensures decisions are clear and accountable.
Accuracy and Accountability
Careful planning, disciplined execution, and reliable reporting mean projects are delivered responsibly, on time, within budget and to the highest standard.