SANTA ANA, Calif., March 25 /PRNewswire/ -- Grubb & Ellis Realty Investors, LLC today announced it has entered into an agreement with Family Wealth Alliance, LLC. The agreement provides Grubb & Ellis Realty Investors with greater access to high net-worth family offices and allows The Family Wealth Alliance to provide its constituents with increased capabilities.
"This partnership with The Family Wealth Alliance opens new avenues of opportunity for both firms," said Jeff Hanson, President of Grubb & Ellis Realty Investors. "The Alliance works with advisory firms in the family wealth space that serve well-qualified wealthy individuals and families who are suitable investors for our real estate investment programs."
Based in Wheaton, Ill., The Family Wealth Alliance is an objective resource for private families and the firms that serve them. It helps multifamily and single family offices identify best-in-class service providers. A family office is an organization built solely to manage the fortunes of wealthy private families.
"We believe our clients will benefit greatly from Grubb & Ellis Realty Investors' full-service real estate capabilities and their impressive ability to shepherd investment opportunities from initial deal sourcing through to the ultimate disposition of the asset. Additionally, Grubb & Ellis Realty Investors has a decade-long track record of experience and superior service to their program investors, which lends confidence to our arrangement," said Thomas Livergood, chief executive and founder of The Family Wealth Alliance.
About Grubb & Ellis Realty Investors
Grubb & Ellis Realty Investors, LLC is the real estate investment and asset management subsidiary of Grubb & Ellis Company , a leading real estate services and investment firm. Grubb & Ellis Realty Investors and affiliates manage a growing portfolio of assets valued in excess of $5.7 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 approximately $10 billion on behalf of program investors since its founding in 1998; more than 70 percent 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.
About The Family Wealth Alliance
The Family Wealth Alliance is an independent and objective resource to private families and the firms that serve them. The Alliance helps private families find best-in-class wealth managers, including multifamily offices, throughout North America. The firm also formulates standards, conducts valuable research, and serves as an advocate for the needs of private families to further the body of knowledge in this nascent field. The Family Wealth Alliance is based in Wheaton, Illinois, USA.
