7 May 2019
Grosvenor Americas announces Alexandra Johns as Vice President, Co-Investment
Alexandra Johns has joined Grosvenor Americas' D.C. Co-Investment team.
Grosvenor Americas (Grosvenor), a private property investment and development company, announced today that Alexandra Johns has joined the firm’s Washington, D.C. office in the position of Vice President, Co-Investment.
Alexandra will oversee Grosvenor Americas’ Structured Development Finance activities in Washington, D.C. and seek out new markets to broaden the programme’s reach on the East Coast.
In 2014, Grosvenor Americas formally established its Co-Investment team which provides preferred equity financing for residential developers. To date, the programme has financed over 70 development projects across Vancouver, Seattle, San Francisco, Los Angeles and Washington D.C., representing almost $4B in total developable value.
“We are delighted that Alexandra has joined the team,” said Alex Henderson, SVP, Co-Investment. “As we continue to grow the Structured Development Finance programme across North America, significant expansion in the East Coast will be of paramount importance. Alexandra brings with her a great breadth of experience, an excellent track record and is a highly respected industry player in the Washington, D.C. and Philadelphia markets. We look forward to her future success as we continue to build the platform.”
Alexandra has over 25 years of experience in the real estate industry and joins from Resmark where she opened the Mid-Atlantic office in 2013 to provide equity to developers of for-sale housing with investments in the Washington, D.C., and Philadelphia regions. She had earlier gained national experience at Arthur Andersen, as well as credit training at Riggs Bank. There, in addition to appraisal review, Alexandra performed special valuation projects, including in London for the UK operation. Prior to moving into the equity industry, Alexandra provided debt in structured finance, affordable housing, and traditional banking sectors.
“Developers have shared with me the importance of an equity partner who understands this complex industry, and Grosvenor is that partner,” said Alexandra. “With the capacity to grow, and the values that attract long-term alliances, Grosvenor sets the standard. I relish the opportunity to work with this team, and to help build the Co-Investment programme.”
Active in the commercial real estate industry, Alexandra is a member of the Urban Land Institute, serving colleagues on the Residential Neighborhood Development Council and Women’s Leadership Initiative. In her past, she chaired the Northern Virginia BIA Real Estate Finance Committee, was President of the Real Estate Lenders Association in Washington, D.C., and has led fundraising efforts for several local non-profit organizations.
About Grosvenor Americas.
Grosvenor Americas is an active developer and investor in several high-quality cities across the U.S. and Canada. Our strategy is to invest in vibrant urban locations where our activities can make a positive contribution to neighborhoods and communities.
Our active development pipeline focuses on projects in urban, transit-oriented and/or amenity-rich neighborhoods and includes current projects such as Crescent in San Francisco, The Pacific in downtown Vancouver, and Eckington Yards in Washington, D.C. We are also advancing larger multi-year projects in San Francisco, West Silicon Valley and Vancouver. Our Investment program adds value to residential, commercial and retail assets while also managing a portfolio of stable, high-quality properties across North America. Our Structured Development Finance business provides funds for much-needed residential development projects in our high growth markets.
We are part of Grosvenor Group, a privately owned international property company. With a track record of more than 340 years, the Group develops, manages and invests with a purpose of improving property and places to deliver lasting commercial and social benefit.
As of December 31, 2019, Grosvenor Americas had assets under management of US$3.9bn.
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