X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO-Grubb & Ellis has brought on a six-person commercial real estate mortgage banking team from Cohen Financial to expand its Capital Markets capabilities. Led by Joel Simmons and Steve Roth, who come to Grubb as EVPs, the team also includes SVPs Ben Greazel and Adam Levinson, VP Steve Kundert and executive assistant Trudi Weber. This move is the latest in a series of steps Grubb has taken to enhance its Capital Markets division, having hired 28 senior-level institutional investment brokerage sales professionals nationwide in the last year.

“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,” Shawn Mobley, EVP and Midwest market leader, says. “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.”

The team will work with the company’s investment sales professionals to provide debt solutions, such as commercial mortgage brokerage and debt restructuring, to clients nationwide. Simmons and Roth both bring 25 years of experience to their work at Grubb. Combined, the two have arranged more than $10 billion in capital for more than 1,350 commercial real estate transactions in their careers.

“Over the past 18 months, Grubb & Ellis has built one of the most formidable investment sales divisions in the industry,” Simmons says. “It was a natural marriage to combine this investment sales expertise with our debt and equity capital markets experience. We believe that as part of a unified team we can provide unparalleled service quality to clients looking to maximize the value of their real estate holdings.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.