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RE #30: Ari Firoozabadi - President & CEO of Greysteel

The Fort

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Why I Left Marcus and Elchap and Found Grey's Deal

Grey: I left Marcus and Elchap, which is highly regarded as one of the largest investment sales or at least pure play investment sales shop in the country. Grey's deal shares a lot of similar characteristics to how Marcus has built. Both companies do investment sales. We both handle senior loan and structure of finance transactions. And then we have an auctions division role auction off to stress real estate on behalf of trustees for bankruptcy related matters or foreclosure auctions. But culturally, I found it very challenging. So I decided to start Grace still because I thought we could do it better.

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