Betts' hiring comes just weeks after former Grubb & Ellischairman and former Triple-Net Properties LLC founder Tony Thompsonlaunched a company to specialize in value-add investments and assetmanagement for high net-worth investors. In his new position, Bettswill be responsible for acquisitions as well as sourcing capitalfor Thompson National Properties' Middle East Fund. Betts' newoffice will be at 1330 Post Oak Blvd. in Houston's Galleriasubmarket.
"I am excited to be a partner with one of the most successfulreal estate investors of the past two decades, Tony Thompson,"Betts says in a press release announcing his appointment. NeitherBetts nor Thompson could be reached for comment by deadline.
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