Property development and
investment company Grosvenor Americas has made changes to its senior management
team, promoting six executives located in the Company’s Vancouver, Calgary, and
Washington, DC offices.
Now in its 61st year
in North America, Grosvenor Americas has $2.4 billion of assets under
management in Vancouver, Calgary, San
Francisco, Washington, DC and other cities.
“This reorganization provides stronger oversight of our extensive
development pipeline, improves our partner relationships and supports our
expanding Co-Investment Lending Programme,” said Andrew Bibby, Chief
Executive, Grosvenor Americas.
Ryan Beechinor has been promoted to the newly created position of Chief Operating
Officer, responsible for the company’s day-to-day operations in North
America. He formerly served as Chief Development Officer. Mr. Beechinor is
based in Vancouver.
James Delmotte will assume the newly created position of Chief Co-Investment Officer.
Mr. Delmotte, who served previously as Senior Vice President of Equity and
Lending, will be responsible for establishing and maintaining relationships
with Grosvenor’s co-investors and for expanding the Company’s Co-Investment Lending
James Patillo has been promoted to Chief Development Officer, overseeing the Company's development
activities throughout the U.S.A. and Canada. He previously served as Senior Vice President & General Manager,
Ward has been promoted from Vice President, Development to Senior Vice
President, Development and General Manager of Grosvenor’sVancouver
office. He will lead Grosvenor’s development teams in Vancouver and Calgary.
Brody has been promoted from Vice President, Investment to Senior Vice
President. He will continue to serve as General Manager of Grosvenor’s
Washington, DC office, work on the investment team, and will have
responsibility for mezzanine lending activities in the Washington market.
Mark Purdy, currently Vice President, Investment, will serve as General Manager of the Calgary office, overseeing daily operations.
Grosvenor is a
privately-owned property group, active in some of the world’s most dynamic
cities. Our future success is tied to the sustainable growth of the cities in
which we have a presence. We have a vested interest in the future shape of the
urban landscape and aim to help create and manage attractive and vibrant cities
in which people choose to live and work.
Today we have 17
offices in 11 countries and assets in 16 countries. We have regional investment
& development businesses in Britain & Ireland, the Americas and Asia
Pacific. Our international fund management business operates across all these
markets and also Continental Europe. We also have indirect investments, managed
centrally. As at 31 December 2013, the
Group had total assets under management of £11.8bn. Unusually for a private
company, Grosvenor publishes a detailed reporting suite - Annual Review,
Financial Statements, Environment Data and index of sustainability reporting
under the GRI initiative - available at: www.grosvenor.com
About Grosvenor Americas
Grosvenor Americas aims to become a market leader in select geographical areas and sectors in Canada and the USA through focused, strategic expansion. We use our knowledge of the cities we work in and our property skills to develop projects that contribute to the vibrancy of those communities. As at December 31, 2013, Grosvenor Americas had assets under management of $2.4 billion.