Grubb & Ellis Realty Investors has hired John Caley to join the firm as senior managing director for real estate. In this newly created position, Caley will oversee acquisition and disposition for the Santa Ana, California-based firm’s commercial real estate investment programs.
Prior to joining Grubb & Ellis Realty Investors, Caley was managing director and founding principal of Meridian Value Partners, where he was responsible for acquisitions, capital raising and operations. Caley has also worked in acquisitions and dispositions with firms including Rexford Industrial, Argus Realty Investors, Transwestern Commercial Services and Koll General Partner Services.
Grubb & Ellis has been busy expanding its real estate investment team in recent months. In May, the firm appointed Dan O’Hare as vice president of asset management to lead its expansion of the platform. O’Hare rejoined the firm, where he was previously a senior asset manager responsible for a portfolio of US office, retail and industrial properties during 2003 and 2004, when the firm was known as Triple Net Properties. Grubb & Ellis bought out Triple Net in 2007. In his new post, O’Hare will lead the expansion of Grubb & Ellis’ wealth management unit as well as oversee assets acquired on behalf of investors in the program – designed exclusively for high net-worth investors.
The firm also promoted Ross Crowe in May to vice president of asset management. Crowe will be responsible for managing the firm’s property assets in the US markets of Texas and Kansas.