WHO WE ARE
We rebel against mediocrity and see value where others don't.
Gary Pachucki - Founder & President
Gary is Founder and Principal of the IBT Group LLC where he is responsible for strategic management of the development process including acquisition, planning, leasing, and financial relationships. Mr. Pachucki has over 20 years of real estate experience and has been responsible for the development of over 4,000,000 square feet of commercial projects.
Prior to the formation of the IBT Group, Mr. Pachucki held senior positions with several national real estate companies, most recently as Senior Director of Real Estate for Opus North Corporation for ten years where he was responsible for all retail developments in the Midwest.
Following his academic career, Mr. Pachucki spent several years with a large architectural firm in Milwaukee, Wisconsin where he was involved in various aspects of the design process for institutional and commercial buildings.
Mr. Pachucki graduated from the University of Wisconsin with a Bachelor of Science in Architecture and completed graduate studies at the University of Wisconsin Graduate School of Architecture and Urban Planning.
Armina Shakiba - Associate Director of Development
With a background focused in Architecture Engineering from Cardiff University and a Master’s in International Business from HULT Business School in the UK, Armina recently earned her second master's in Real Estate from DePaul University.
Over the past nine years, Armina has gained experience in various industries, including engineering and development. Currently, Armina is an Associate Director of Development at IBT Group, where Armina works closely with the principal on analyzing project viability and underwriting various projects across IBT’s entire portfolio. Using her unique past experiences including project management, engineering,and the ability effectively communicate across all level, Armina can effectively drive initiatives successfully to completion.
Malik Fahad Khan- Investment Intern
My name is Malik Fahad Khan. Born and raised in Karachi, Pakistan, I moved to Chicago in 2021 to pursue a bachelor’s degree in finance and business analytics at DePaul University, where I am currently a senior. Having worked in various roles in the past from commercial real estate to investment banking, I’m excited to pursue this new journey with IBT in real estate development and contribute to the team's success!
Ray Chaudoin-Development Intern
As a Development Intern at IBT Group, Ray Chaudoin contributes to capital raising efforts, development underwriting, and internal project management. His current focus is assisting with a large-scale mixed-use redevelopment project in the Chicago area.
Ray's background in management consulting allows him to bring a unique perspective to development. He has led strategic initiatives for organizations across industries including manufacturing, retail, logistics, and healthcare. With extensive experience in business strategy, product development, and data analytics, Ray enjoys leveraging these skills to create value in real estate projects.
Ray is currently pursuing an M.S. in Real Estate at DePaul University with a concentration in real estate investment and finance. He also holds a B.S. at the University of Virginia and an MBA from the Kenan-Flagler Business School at the University of North Carolina - Chapel Hill.
Ruchi Mehta- Finance Intern
Ruchi Mehta is a results-driven finance professional with over 5 years of experience in real estate finance, investment analysis, and risk management. As a lawyer, Indian CPA and an MS in Finance from DePaul University, she combines technical expertise with a deep understanding of financial regulations and business strategy. Ruchi has delivered impactful solutions by developing advanced cash flow models, performed credit risk assessments for commercial real estate portfolios exceeding $ 5M, and streamlined underwriting processes to enhance efficiency and mitigate risks. With a proven track record of creating value through data-driven insights and strategic financial analysis, Ruchi is committed to delivering innovative solutions that drive measurable impact for clients.
Vibhor Sahay- Real Estate Finance Intern
With over a decade of experience in business operations and management, and more than seven years successfully running a company in the education and migration industry, I bring a strong foundation in entrepreneurship and strategic leadership. Currently pursuing a Master of Science in Real Estate at DePaul University, I am seeking a development internship to gain hands-on industry experience and further my goal of becoming an accredited investor. I offer a proven track record in client relationship building and retention, as well as strong financial acumen, including expertise in analyzing financial statements and conducting cash flow analysis.
Oluwabukola Adeyinka- Development Intern
Oluwabukola “Bukky” Adeyinka brings a multidisciplinary approach to real estate development, blending a background in social impact, operations, and community-centered planning. With training from Roosevelt Graduate Program, the Chicago Rehab Network’s Empowerment Series and the Illinois Housing Council’s Low-Income Housing Tax Credit (LIHTC) program, they are committed to advancing projects that deliver both economic and cultural value.
A career changer, Bukky (pronounced Boo-key) transitioned into real estate after years of leading operations in mission-driven organizations, where they saw firsthand how the design, use, and accessibility of space can shape community outcomes. This experience sparked a deep passion for adaptive reuse—reimagining existing structures as vibrant, functional, and inclusive spaces. She has since led the transformation of underutilized properties, navigating zoning and permitting processes while developing sustainable frameworks for rehearsal studios, event venues, and retail corridors. Her work centers community engagement and equitable development, from leading outreach initiatives and focus groups to forging partnerships with local stakeholders, small businesses, and BIPOC-led organizations. Their operational expertise includes managing multi-site facilities, negotiating leases and vendor contracts, and directing renovation projects that align infrastructure investment with long-term financial and social sustainability.
At IBT Group, Bukky leverages this combined expertise to support the design, execution, and long-term viability of dynamic, community-driven developments.