CHICAGO, IL (Aug. 6, 2009) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that the six-person commercial real estate mortgage banking team lead by Joel Simmons and Steve Roth have joined the company as executive vice presidents to build the firm’s practice in Chicago.The hires, which are effective immediately, are part of the company’s overall strategy to significantly enhance its Capital Markets capabilities.
The team joins from Cohen Financial and includes Ben Greazel, Adam Levinson, Steve Kundert and Trudi Weber. Greazel and Levinson, formerly directors at Cohen Financial, have joined as senior vice presidents. Kundert retains his title of vice president. Weber serves as the team’s executive assistant.
“The addition of Joel, Steve and their team significantly elevates our Capital Markets capabilities and gives Grubb & Ellis a best-in-class, comprehensive ownership services platform at a time when our ability to provide our clients with financing solutions and advice has never been more important,” said Shawn P. Mobley, (top right photo) executive vice president and Midwest market leader.
“In today’s environment of limited debt capital, the relationships Joel and Steve have with debt providers, mezzanine funds and equity investors offer tremendous value and have the potential to be the decisive factor in successfully completing disposition assignments.”
Contact: Erin Mays, 312.698.6735, erin.mays@grubb-ellis.com
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