Grubb & Ellis' New Mortgage Man

Grubb & Ellis has tapped Steven Roberts as a new senior managing director for the firm’s Debt & Equity Finance group.

An industry veteran who helped launch CitiGroup’s CMBS lending program and led the company’s conduit business as its head of origination, Mr. Roberts will now be responsible for overseeing commercial mortgage origination, according to a release (PDF).

“New York City is ‘Main and Main’ for commercial mortgage banking, and it’s essential we have a professional in that market with the kind of reputation and relationships that Steve has in our industry,” said Jeff Majewski, executive managing director of Grubb & Ellis’ Debt & Equity Finance group, in a prepared statement.

“Because he will have daily interaction with existing and emerging sources of debt and equity and has excellent contacts with virtually every player in the business, he’s in a position to support clients of Grubb & Ellis professionals throughout the country in their capital needs,” Mr. Majewski added.

jsederstrom@observer.com