Tuesday, June 22, 2010

Jim Donovan Joins Grubb & Ellis as Vice President, Multi Housing


SACRAMENTO, CA) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Jim Donovan, (top right photo) LEED AP, has joined the firm as vice president, Multi Housing Group.

“With 15 years of experience in all facets of multi housing commercial real estate, Jim’s reputation as a leading multi housing professionals spans the Western United States,” said Bob Dean,  (lower left photo) executive vice president and regional managing director of Grubb & Ellis’ Pacific Northwest offices.

 “His many relationships, coupled with his knowledge and penchant for service excellence, will be a tremendous value to our company and our clients.”

Donovan previously was senior vice president of Apartment Energy Consultants where he aided owners of multi-family projects in the western U.S. with the 45L Federal Tax Credit Program provided to owners of energy efficient homes.

Prior to joining Apartment Energy Consultants in 2007, he spent four years as the vice president of acquisitions and development for the California division of American Capital Group. In this role, he oversaw the development of approximately 1,500 apartment units valued in excess of $200 million. Donovan began his career in multi housing real estate serving as president of JD Development Company, a private firm he began in 1995.

He holds a bachelor’s degree from the University of California, Davis.

Contact: Julia McCartney, Phone: 714.975.2230, Email: julia.mccartney@grubb-ellis.com

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