Carmel, Ind. (January 13, 2025) — Carmel-based SC Bodner Company (SCB), a boutique multifamily real estate development and management company, announced the addition of Michael J. Garvey as Chief Financial Officer, effective January 2025.

Garvey comes to SCB from real estate development firm Lauth Group, Inc. (Lauth), where he served as Partner and Chief Investment Officer. Having been with Lauth more than 21 years, he was instrumental in the firm’s growth and responsible for directing all the firm’s capital relationships. Garvey brings a distinguished local real estate tenure to SCB and will be responsible for fostering all capital relationships and assisting with the firm’s growth across the country.

“Having known Steve Bodner personally and professionally for many years, I have always admired the real estate acumen of SCB as a vertically integrated multifamily development company,” said Garvey. “I am incredibly excited to be part of the firm’s continued success and assisting in growing our footprint, especially locally in Indiana and the Midwest.”

With more than 40 years of experience in the commercial real estate industry, Garvey is well-versed in all aspects of project capital procurement, acquisitions and dispositions, debt financings, joint ventures, and equity relationships. Throughout his professional career, Garvey has successfully negotiated and closed over $4B in real estate transactions. As one of the four partners at Lauth, he was integrally involved in the firm’s investment, development, and asset management decisions. He also served as President of Lauth Communities, the company’s multifamily division.

“I have known Garvey for 25+ years and have appreciated his professional talents and personal friendship,” said Bodner. “I am confident he adds another layer of talent necessary to our continued growth and prosperity.”

Drawing upon three generations of development expertise going back to 1924, SCB is an award-winning, multifamily development and property management company. Led by Steve Bodner, third-generation company President, SCB exclusively focuses on developing Class-A apartment communities across the Midwest, Southwest, and Southeast regions and boasts a portfolio of more than 30 best-in-class developments.