Grosvenor Americas (GA) is strengthening its development team in Washington, DC with the addition of Don Capobres, Senior Vice President, Development. Mr. Capobres has moved from GA’s San Francisco headquarters to Washington, where he will head the company’s East Coast development enterprise established by his predecessor Mark Darley. While in San Francisco, Mr. Capobres served as Vice President, Development. Mr. Capobres has worked in real estate development in both the public and private sectors since1990.
Scott Brody, Vice President, Investment in the Washington, DC office is taking on an additional role as General Manager (GM) of the Washington office. Mr. Brody has over 25 years of experience in residential and commercial real estate. Over the past 12 months, GA has added more than 250,000 square feet of office space to its Washington area portfolio. The company continues to seek multifamily, office, and retail investment opportunities in the Washington metropolitan region.
While serving as Senior Vice President and GM of GA’s Washington office since 2006, Mr. Darley grew a successful development platform in the national capital region for GA and its partners. He is returning to GA’s San Francisco headquarters to focus on fostering partnerships and expanding GA’s development opportunities on the West Coast.
Grosvenor Americas holds a portfolio of over 1.5 million square feet of office, retail, and hotel property in the Washington, DC metropolitan area. The company is partnering with The JBG Companies in the development of District, a 125-unit luxury apartment building with ground-level retail space, now under construction in the heart of Washington’s exciting 14th Street corridor and delivering in October 2012.
Grosvenor is a privately owned property group with offices in 18 of the world’s most dynamic cities. The Group operates and invests in three different business areas; direct proprietary investment in real estate through our Operating Companies in Britain & Ireland, the Americas and Asia Pacific; indirect proprietary investment in real estate managed by others, which is the responsibility of the holding company; and our international fund management Operating Company – Grosvenor Fund Management – which manages capital on behalf of investors. As of December 31, 2011, the Group had total assets under management of US$19.4bn. Unusual for a private company, Grosvenor publishes a full Annual Report & Accounts, available at: www.grosvenor.com.