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Grubb & Ellis Realty Investors Names Mathieu Streiff Senior Vice President, Investment Operations

Posted on: Tuesday, 5 May 2009, 14:59 CDT

SANTA ANA, Calif., May 5 /PRNewswire/ -- Grubb & Ellis Realty Investors, LLC, the real estate investment and asset management subsidiary of Grubb & Ellis Company (NYSE: GBE), today announced that Mathieu Streiff has been appointed to the newly created position of senior vice president, investment operations. Streiff will also continue in his role as the firm's chief real estate counsel.

As senior vice president, investment operations, Streiff plays a key role in the development of new investment platforms and in the structuring and strategic management of securitized real estate investment offerings sponsored by Grubb & Ellis Realty Investors.

"Mat has demonstrated exceptional judgment and expertise during his tenure at Grubb & Ellis Realty Investors," said Jeff Hanson, president and chief investment officer of Grubb & Ellis Realty Investors. "He is a keen intellect and one of our most important senior executives."

Streiff joined Grubb & Ellis Realty Investors in 2006 and has since provided in-house legal advice for property acquisitions, financings, management and dispositions. He has extensive experience negotiating complex commercial real estate transactions, both with Grubb & Ellis Realty Investors and during his time as an associate in the real estate department of Latham & Watkins LLP in New York.

Streiff received a juris doctorate from Columbia University Law School and a bachelor's degree from the University of California, Berkeley. He is a member of the New York State Bar Association.

About Grubb & Ellis Realty Investors

Grubb & Ellis Realty Investors, LLC is the real estate investment and asset management subsidiary of Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm. Grubb & Ellis Realty Investors and affiliates manage a growing portfolio of assets valued in excess of $6.7 billion located throughout 30 states. One of the nation's most active buyers and sellers of commercial real estate, Grubb & Ellis Realty Investors has completed acquisition and disposition volume totaling more than $11.5 billion on behalf of program investors since its founding in 1998; in excess of $8.5 billion of this volume has been transacted since Jan.1, 2005.

Grubb & Ellis Realty Investors and affiliates are currently buying and selling properties throughout the United States, offering a full range of commercial real estate investment programs, including tenant-in-common (TIC) programs for investors structuring tax-deferred (like-kind) exchanges under Section 1031 of the Internal Revenue Code, non-traded public real estate investment trusts (REITs), multi-member limited liability companies (LLCs) and institutional investments. Through the Grubb & Ellis Wealth Management program, Grubb & Ellis Realty Investors also offers high net worth investors a comprehensive program to build or expand their commercial real estate portfolio, whether their investment objectives are 1031 exchange driven or not.

SOURCE Grubb & Ellis Realty Investors, LLC

Source: PR Newswire

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