ATLANTA, GA (Aug. 30, 2011) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, has announced that Gregory Kendall (top right photo), MAI, CRE, founder and former managing director of RERC Hospitality, and his team of real estate consulting and valuation professionals have joined Grubb & Ellis Landauer Valuation Advisory Services, based in the company’s Atlanta office. Kendall becomes managing director, hospitality and leisure valuation and consulting, for Grubb & Ellis Landauer. His practice group will focus on a number of segments in the hospitality and leisure category, including hotels, resorts, golf, gaming, pleasure craft marinas and other specialty property types.
Kendall will be joined by key members of his RERC appraiser team: Joseph Vegliacich, appraiser, and Garrett New, associate appraiser.
“The team’s addition greatly expands Grubb & Ellis Landauer’s hospitality and leisure valuation and consulting capabilities,” said Eduardo Alegre, executive managing director and chief operating officer of Grubb & Ellis Landauer.
“The goal is for Greg to ultimately lead a national consulting and appraiser team for Grubb & Ellis Landauer, engaging valuation specialists already with the company in virtually every major U.S. market.”
An industry veteran who brings more than 20 years of experience in real estate valuation and consulting, Kendall was the founder and managing director of RERC Hospitality, Real Estate Research Corporation’s valuation division focusing on hotels, resorts and other hospitality real estate.
Contact: Ted McDougal, Phone: 312.698.6735 (o) 630.308.8144 (m))
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