 |
| Mike Pedulla |
Mike
Pedulla will become president of the pioneer real estate development
company effective March 30, and will oversee operations of the company’s
extensive real estate portfolio.
Acditionally,
John Grossman will remain as CEO, and Matt Crow will join the company’s
board of directors.
 |
| John Grossman |
Pedulla has more than 20 years of experience in commercial real estate-related investment, development, asset management and finance.
Since 2003, he has worked with DLJ Real
Estate Capital Partners, an institutional real estate private equity investment
and development firm based in New York.
Pedulla
has worked on a variety of projects across many markets and property types
including hospitality, mixed-use, multifamily, office and land
development.
 |
| Matt Crow |
Most recently, Pedulla served as Managing
Director and Co-President of Cityline Partners, a DLJ subsidiary, on a large
scale mixed-use and land development investment in Northern Virginia.
“We are very pleased to welcome Mike to GCP and look forward to the impact he will have on our future,” Grossman said. “His expertise in development and planning will serve us well as we look to enhance and maximize our overall portfolio.”
Pedulla’s educational background includes a Master of Business Administration in Real Estate and Finance from the Wharton School, University of Pennsylvania and a Bachelor of Science from Cornell University, School of Hotel Administration.
Sam Grossman
“I
look forward to becoming part of Grossman Company Properties and continuing the
company’s legacy of quality development and hospitality operations,” Pedulla
said.
“The
company has a reputation for being a leading force in the real estate and
hospitality industries and its properties have an extremely bright future
moving forward.”
Grossman
Company Properties currently owns and operates extensive real estate holdings.
The
company was started by Sam Grossman in the early 1960s and has been
involved in many of the Valley’s signature developments.
For more information, visit grossmancompany.com.
CONTACT:
Tom Evans
Partner
Public Relations & Event Strategies
Cel: 602-448-5483 | Direct: 480-482-7360 |
Main Office: 480-705-6623
101 North 1st
Avenue, Suite 2000 | Phoenix, AZ 85003
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