Tripti Joshi (Editor)

Mahlon Apgar, IV

Updated on
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Mahlon IV


Dartmouth College

Mahlon Apgar, IV

Mahlon (Sandy) Apgar IV is a housing, infrastructure, and real estate consultant to global corporations and government agencies, and the founder of Apgar & Company. He has been senior advisor on real estate and a partner of the Boston Consulting Group (BCG), a partner of a McKinsey & Company, and a Senior Scholar at the Woodrow Wilson International Center for Scholars. President Bill Clinton appointed him Assistant Secretary of the Army for Installations and Environment in 1998, with global responsibility for the Army's housing, real estate and facilities.[1] In that role, he also established the Army's Residential Communities Initiative (RCI).


Education and military service

Apgar graduated from Blair Academy in 1958, and in 1962 received a BA in Sociology from Dartmouth College, where he was a Choate Scholar and a Distinguished Military Graduate of Army ROTC. Additionally, he was a member of Delta Tau Delta fraternity and helped lead the chapter's decision to break from the national organization due to its discriminatory admissions policy. In 1962, he was commissioned in the US Army and served as an intelligence officer in Germany until 1965. The following year, he studied the British new towns program at Oxford University. In 1968, he received an MBA from the Harvard Business School, where he was a National Fellow and Executive Editor of The MBA magazine.

Consulting career

Apgar began his real estate career with the developer James W. Rouse, and assisted in opening the new city of Columbia, Maryland. In 1968, he joined McKinsey, transferring to London in 1970, where he worked on British and European public sector housing, urban development, and local government issues. He wrote urban guidelines called The Sunderland Study: Tackling Urban Problems for the UK government and advised firms on real estate strategy. In 1974, he began a five-year engagement in Saudi Arabia, leading planning teams for Saudi Aramco's large-scale community development and infrastructure expansion and co-authoring the blueprint for the Saudi government's national urbanization strategy.

In 1980, he founded Apgar & Company, an advisory firm specializing in large-scale corporate real estate and facilities portfolio management. In 1997, he patented a corporate real estate evaluation system known as the Apgar Real Estate Score [2]. From 2002 to 2006, Mr. Apgar was a partner and director of BCG, where he established the Infrastructure and Real Estate practice. He was the firm’s senior advisor on real estate from 2007 to 2011.

Affiliations, publications, awards

Apgar is a Counselor of Real Estate, a Fellow of the Royal Institution of Chartered Surveyors, the Institute of Directors, and the Royal Society of Arts, as well as a Governor of the Urban Land Institute Foundation. He has taught courses at Harvard, Oxford, Princeton, and Yale. He has edited two books, including New Perspectives on Community Development, and authored more than 60 articles, including seven for the Harvard Business Review. In 2008, he co-authored "The Promise of Public-Private Partnerships: Principles and Proposals for the Next President." Mr. Apgar received the Army's Decoration for Distinguished Civilian Service, the Chairman's Award of the President's Advisory Council on Historic Preservation, the James Felt Award for Creative Counseling [3] and the William S. Ballard Award [4], both from the Counselors of Real Estate, and the Arthur A. May Award of the American Institute of Real Estate Appraisers.


Mahlon Apgar IV Wikipedia

Similar Topics