The Grossman Cos. Inc.
The Grossman family has deep New England roots. Family patriarch Louis Grossman emigrated from Podeski, Russia, to Massachusetts in 1890. He then started a salvage business that later became Grossman Lumber, for many years the largest distributor of lumber and building materials in the Eastern United States. Grossman Lumber had 87 retail branches at its peak. After selling the operating business in 1969, the family retained and has since opportunistically redeveloped or sold the real estate. In 1980 Morton Grossman, the grandson of the patriarch, and Louis, Morton's son, amicably bought out the other 83 family stockholders and launched The Grossman Companies. Today, Louis J. Grossman is chairman of The Grossman Companies, Inc. and sons, David and Jake (the fifth generation of Grossmans in the business) are Co-Presidents. We own a roughly 2.5 million square foot portfolio spanning all major property types and make private loans to builders, developers and real estate investors through our affiliate, First Boston Capital Partners.
Real Estate Specialization
| Office |
| Industrial |
| Retail |
| Storage |
Investment Type
| Equity syndication/Club Deal |
| Pref/Mezz equity |
| Acquisition/Fee Simple |
Investment Style
| Core |
| Value-add |
03.06.2018
07.13.2015
Co-President
David Grossman
David oversees the management and origination of new loans and homebuilder joint-venture equity investments for our private lending affiliate, First Boston Capital Partners. In addition, he is actively involved in the asset management and financing of our commercial real estate portfolio. Prior to joining The Grossman Companies in 2009, David served as vice president of acquisitions at Louis Dreyfus Property Group in New York. Earlier in his career, he worked for five years at Wells Fargo's Real Estate Merchant Banking Group in Boston; Washington, DC; and New York.
Chairman
Louis Grossman
Louis has been our chairman and treasurer since 1980, when he and his father, Morton, purchased the family real estate business and reformed the company under the new name. Under his leadership, The Grossman Companies has developed and acquired a portfolio of over 40 commercial and residential properties, primarily in New England. In 1976 Louis began his real estate career with Sonnenblick-Goldman Advisory Corporation in New York. There, he served as mortgage officer for two real estate investment trusts. A graduate of Brown University with a BA in economics, Louis earned his MBA from Columbia University's School of Business.
Co-President
Jacob Grossman
- 617 472 2049
- Jake@grossmanco.com
Jake and his brother David represent the fifth generation of the Grossman family to work in our business. Jake's roles include sourcing new acquisitions and investment partnerships along with the asset management of our real estate portfolio, which comprises approximately 3 million square feet of properties in Southern New England. Prior to joining The Grossman Companies in 2011, Jake spent five years at BayNorth Capital, a real estate private equity firm in Boston. There, he handled acquisitions and asset management of various real estate asset classes across the country. Earlier in his career, he worked in Cushman & Wakefield's Capital Markets Group. Jake graduated cum laude from Brown.
Managing Partner
Jake Grossman
- +1 617 472 2000
- jake@grossmanco.com
George Morrill
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2019-06-13 17:00:00
The Michaels Organization Starts Construction on New Workforce Housing Community in San Marcos, Texas
2019-04-09 17:00:00
Hamptons agent Erica Grossman snags her 2nd straight win at Elliman awards
2019-03-05 16:00:00
Hamptons Cheat Sheet: Southampton new build in contract at $35M, Spur co-working space faces eviction… & more
2019-02-18 16:00:00
DLA Piper’s new proptech practice to be led by Chicago partners
2019-01-27 16:00:00
GEM Realty Advisors pays $35M for Wells Fargo Plaza in Boca Raton
2019-01-27 16:00:00
High Costs, Slow Rent Growth Squeezing San Diego Multifamily Market
2018-11-28 16:00:00
Miami Beach finally OKs voter-mandated upzoning for North Beach
2018-11-14 16:00:00
Hamptons Cheat Sheet: Mel Brooks’ former Water Mill home has price cut to $11.5M … & more
2018-11-12 16:00:00
Hamptons Cheat Sheet: Montauk oceanfront property’s list price slashed to $39.5M … & more
2018-11-05 16:00:00
What happens when an EB-5 project fails?
2018-10-29 17:00:00
The $70B loophole, or: How to turn your mansion into an offshore account
2018-10-22 17:00:00
With Post-Industrial Authenticity, Creative Office Is Philly In A Nutshell
2018-10-21 17:00:00
Chinese investors sue Nick Mastroianni over alleged EB-5 fraud
2018-10-14 17:00:00
From Technology To Transit-Oriented Development: How Transportation Advances Are Changing Commutes
2018-09-16 17:00:00
Deauville Beach Resort lost a lawsuit and now can’t pay $400k judgment: court filings
2018-09-03 17:00:00
University of Chicago to build new dorm in Woodlawn with more than 1K beds
2018-07-19 17:00:00
California’s Affordability Crisis Attracts Investors
2018-06-27 17:00:00
Meridian Capital Lines Up $105M for SoCal Office Refi
2018-05-28 17:00:00
Buyer borrows $66M to finance a six-pack of Florida apartment properties
2018-05-25 17:00:00
Fire and Hurricane Irma ravaged the Deauville Beach Resort, but owners won’t make repairs, Miami Beach officials say
2018-05-24 17:00:00
Arts & Crafts Adds Multifamily Building To Spring Arts Portfolio
2018-05-09 17:00:00
Boston-Area Citizens Bank Changes Hands for $4M
2018-05-07 17:00:00
Hospitality Experts' Biggest Concerns: Trump's Unpredictability, Rising Costs, Lack Of Inventory
2018-05-01 17:00:00
Love City Brewing Opens In Spring Arts, Hopes To 'Anchor' New Neighborhood
2018-04-26 17:00:00
Douglas Elliman names top Hamptons brokers
2018-03-15 17:00:00
Just don’t call it a roast: CRE elite gather to honor Stephen Siegel
2018-02-07 16:00:00
Middle Market Digest: Southwest
2018-01-29 16:00:00
The priciest Hamptons deals of 2017
2018-01-14 16:00:00
Multifamily Demand Continues Unabated
2018-01-01 16:00:00
The LA Deal Sheet
2018-01-01 16:00:00
NoHo Office Asset Lands $68M in Financing
2017-12-20 16:00:00
Steph Curry Is Betting This New Grocery Store Concept Will Be A Slam Dunk
2017-12-16 16:00:00
Steph Curry Is Betting This New Grocery Store Concept Will Be A Slam Dunk
2017-12-16 16:00:00
Middle Market Digest: Southwest
2017-12-04 16:00:00
EXCLUSIVE: EagleBank Counsel Denies Insider Loan Accusation, Says It's Under Attack
2017-12-03 16:00:00
EXCLUSIVE: EagleBank Counsel Denies Insider Loan Accusation, Says It's Under Attack
2017-12-03 16:00:00
Preylock Acquires Seven Fully Leased Office Buildings In Santa Clara
2017-11-28 16:00:00
Meridian Capital Group Arranges $195M Loan For Large Santa Clara Office Acquisition
2017-11-28 16:00:00
Preylock Acquires Seven Fully Leased Office Buildings In Santa Clara
2017-11-28 16:00:00
Preylock Acquires Seven Fully Leased Office Buildings In Santa Clara
2017-11-28 16:00:00
Middle Market Digest: This Week in Florida
2017-11-27 16:00:00
is hiring a managing editor to join the ', 'LA bureau
2017-11-25 16:00:00
is hiring a managing editor to join ', 'LA bureau
2017-11-23 16:00:00
is hiring a managing editor to join ', 'LA bureau
2017-11-21 16:00:00
Westchester & Fairfield Cheat Sheet: Norwalk mall developer gets $15B buyout bid, Astorino proposes keeping 2018 property taxes flat in Westchester … & more
2017-11-14 16:00:00
Philly's Emerging Neighborhoods Are Reflecting Individual Developers' Visions
2017-11-07 16:00:00
Philly's Emerging Neighborhoods Are Reflecting Individual Developers' Visions
2017-11-07 16:00:00
Silicon Valley Office Portfolio Lands $195M
2017-11-07 16:00:00
DivcoWest Sells 7-Building Portfolio in Santa Clara for $240MM
2017-11-06 16:00:00
Hamptons Cheat Sheet: Grey Gardens goes into contract for first time in 40 years, Sbarro pizza heir sells estate for $24M … & more
2017-10-23 17:00:00
No $1 slices here: Pizza heir’s Hamptons compound sells for $24M
2017-10-19 17:00:00
Demand For Multifamily Is High In San Diego, Yet It's a Challenge To Develop More
2017-10-11 17:00:00
Demand For Multifamily Is High In San Diego, Yet It's a Challenge To Develop More
2017-10-11 17:00:00
Monday Properties Taps New SVP
2017-09-14 17:00:00
As CRE Tech Catches Fire, Cybersecurity Adoption Is A Must
2017-09-13 17:00:00
Oden Hughes Breaks Ground On Fifth San Antonio Project
2017-09-12 17:00:00
Oden Hughes Announces 57-Acre Mixed-Use Project in San Antonio
2017-09-06 17:00:00
Pelli Clarke Pelli Architects, YWLN renew leases at Newmark’s 322 Eighth Avenue
2017-06-20 17:00:00
Middle Market Digest: This Week in Florida
2017-06-01 17:00:00
Any half-decent hacker could break into Mar-a-Lago: Internet security at four Trump properties is not good
2017-05-29 17:00:00
Any half-decent hacker could break into Mar-a-Lago: Internet security at four Trump properties is not good
2017-05-28 17:00:00
Middle Market Digest: This Week in Southwest
2017-05-11 17:00:00
Phoenix-Area Retail Center Lands $31M in Financing
2017-05-11 17:00:00
New York Office Asset Changes Hands in $25M Deal
2017-05-10 17:00:00
Selling points: Kushner sells Astoria portfolio, CBRE arranges Chappaqua retail venture
2017-04-25 17:00:00
Meridian gets $34.5M loan for buyer of Daytona rentals
2017-04-22 17:00:00
Angelina Jolie makes offer to buy Cecil B. DeMille estate: report
2017-04-09 17:00:00
San Diego's Growth Means Booming Co-Working, UCSD Expansion And A Need For Housing
2017-03-29 17:00:00
San Diego’s Up Cycle Continues, UCSD Plans Massive Expansion, Co-Working Gets Specialized And Virtual Reality Replaces Model Homes
2017-03-29 17:00:00
How Much Longer Can the Bull Market Last?
2017-03-27 17:00:00
Cecil B. DeMille estate returns for $25M
2017-03-27 17:00:00
The Role Debt Plays In Capital Markets
2017-03-26 17:00:00
West Fifth Street Getting More Affordable Housing, Market Rate Multifamily
2017-03-19 17:00:00
Douglas Elliman celebrates $24B year with annual Ellies celebration
2017-03-14 17:00:00
Movers & Shakers: JLL taps new VP of retail in South Florida…and more
2017-02-19 16:00:00
Paper magnates pay $10M for condo at Oceana Bal Harbour
2017-02-19 16:00:00
Movers & Shakers: Housing Trust Group taps new COO, CBRE team expands…and more
2017-02-05 16:00:00
Bal Harbour Shops expansion plans put on hold as village reviews new submission
2017-01-17 16:00:00
The Rare Nature of This Innovation Campus
2017-01-02 16:00:00
Hamptons Cheat Sheet: East Hampton drags its feet on rent laws, winter is the new summer on the South Fork … & more
2016-11-29 16:00:00
Berkshire Group Invests in Leggat McCall Properties
2016-10-20 17:00:00
Berkshire Group’s venture fund invests in Leggat McCall Properties
2016-10-20 02:56:00
LA City Council approves Hudson Pacific’s 15-story office building
2016-08-31 17:00:00
Meridian Capital Arranges $75M for Adagio Acquisition
2016-08-25 17:00:00
Leases: Law firm Levy, Sonet & Siegel at 630 Third, BustedTees.com at 36 East 20th
2016-08-10 17:00:00
Brodsky scores $250M loan to refinance 400 West 59th and 925 Ninth Avenue
2016-07-07 17:00:00
WHO’S NEWS IN RESIDENTIAL BROKERAGE: Judi Lederer heads to Elliman; New development director at Bold
2016-06-30 17:00:00
Berkshire Investments Taps New VP
2016-06-29 17:00:00
LEASES: Mass Mutual signs long-term lease in Midtown, Kaufman Org. secures two full-floor leases
2016-06-28 17:00:00
Opening of 10 Hudson Yards tower marks major milestone
2016-06-02 17:00:00
Washington Trust provides construction financing for three-building retail project in Danbury, CT
2016-04-21 02:16:00
WHO’S NEWS: Richard J. Grossman named president of Halstead Property, Rutenberg hires six agents
2016-03-10 16:00:00
Sharif El-Gamal and Michael Stern to take on Toronto
2016-03-02 16:00:00
WHO’S NEWS: Savills Studley hire Hollander & Fray, Asia Pacific Land adds Scully
2016-03-02 16:00:00
Halstead Property names new president
2016-03-02 16:00:00
Halstead taps Richard Grossman as president
2016-03-01 16:00:00
Top names in Toronto real estate sign on for March showcase
2016-02-22 16:00:00
s US Real Estate Showcase and Forum takes Toronto
2016-02-11 16:00:00
Selling points: 6 Columbus Circle generating international interest, Hakimian corners LIC office market
2016-02-09 16:00:00
WHO’S NEWS: Stribling welcomes Janice Silver; Amala Redd moves to Elliman
2015-12-23 16:00:00
Taming the crowd: What does Fundrise’s new REIT mean for crowdfunding?
2015-11-23 16:00:00
Taming the crowd: What does Fundrise’s new REIT mean for crowdfunding?
2015-11-23 16:00:00
Reality imitates reality TV: Eklund out, Serhant in at 56 Walker
2015-10-17 17:00:00
Georgetown Co. Refinances One Washington
2015-10-08 02:08:00
SELLING POINTS: Columbus Avenue museum piece asking $50M; Slate selling re-vamped Chelsea apartment building
2015-09-22 17:00:00
Oh no, you didn’t: Manager denies Fredrik Eklund is on “MDLNY” chopping block
2015-09-10 17:00:00
Boutique Oceanfront Hotel Receives Refi
2015-09-07 17:00:00
Long Work Hours Require Different Amenities
2015-09-01 17:00:00
Boca financial center trades for $23M
2015-08-27 17:00:00
Sorrento Court Retail Center Trades
2015-08-25 05:59:00
STR reports improved July results for area hotels
2015-08-22 17:00:00
ON THE SCENE: C&W get LIC Exclusive, M&M announce Brooklyn Listing
2015-07-29 17:00:00
How Key Money Solidifies Hotel Transactions
2015-07-19 17:00:00
Meridian Capital Group Arranges $100M For Hotel Portfolio
2015-06-30 06:18:00
On the scene: Outer Boroughs retained in LIC, Ross and Zhu in Queens
2015-06-17 17:00:00
REBNY panel gives brokers new insights
2015-06-10 17:00:00
The X Factor for Distressed Condo Investors
2015-05-07 04:56:00
Bills Spell Bad News for Bulk Condo Investors
2015-05-06 17:00:00
LEASES
2015-04-02 17:00:00
Jim Gricar out as president of Halstead
2015-03-10 17:00:00
Jeff Greene picks up 29.5 acres of industrial property in Palm Beach County
2015-03-04 16:00:00
Bleecker Street building refinanced to tune of $30M
2015-02-26 16:00:00
Deal-Tracker: Multifamily on a Roll
2015-02-11 16:00:00
Who Are Today’s Rising Leaders?
2015-01-28 16:00:00
SELLING POINTS: Senior home fetches $16M; RFR to reposition 281 PAS; Greystone buys another apartment site
2015-01-26 16:00:00
Short Takes: JLL's Paul Spellman | PepsiCo Lease
2015-01-04 16:00:00
Miami Beach’s Deauville Condo-Hotel units to be terminated and sold
2014-12-15 16:00:00
Cash startups are separating from the crowd
2014-12-09 16:00:00
Multifamily funding deal for shipping container developer
2014-11-25 16:00:00
Do All-Cash Deals Lower Litigation Risks?
2014-11-13 16:00:00
Is Condo Litigation Wave Looming?
2014-11-13 16:00:00
Is SF heading towards a real estate litigation boom?
2014-11-13 16:00:00
Crowdfunding Leaders Share Insights
2014-10-26 17:00:00
Greater Downtown Miami condo market faces new risk
2014-10-16 17:00:00
Importer Signs 110,000 SF Lease in Franklin
2014-10-15 10:53:00
Suit claims KMG misled investors for distressed Bronx property
2014-10-08 17:00:00
Construction lawyers are seeing business boom
2014-10-08 17:00:00
Sanzari Introduces Small Space Program at Court Plaza South in Hackensack, NJ
2014-09-11 17:00:00
Related Beal Launches 343 KSF Congress Square Project in Boston
2014-09-08 17:00:00
Cable Manufacturer Leases 148,000 SF at CT Industrial Building
2014-09-03 17:00:00
ONE THE SCENE: Midtown south development site hits market; Bushwick package bought for $5M
2014-08-19 17:00:00
Meridian JV Arranges $64M for Senior Community
2014-08-06 01:43:00
Another gourmet food market to open in Chelsea
2014-08-05 17:00:00
Hudson Market to open beneath the High Line
2014-08-04 17:00:00
P.B. Bell Snaps Up Phoenix M-F Assets for $170M
2014-07-31 17:00:00
Meridian Arranges $18M in Financing
2014-07-24 17:00:00
LEASES
2014-06-19 17:00:00
Auction.com CEO Named Entrepreneur of the Year
2014-06-11 09:48:00
Phoenix Firm Picks Laguna Cliffs Inn
2014-05-20 17:00:00
Industry’s $200,000 Mother’s Day gift helps home-bound moms
2014-05-08 17:00:00
$59M loan for FiDi buy
2014-05-06 17:00:00
How to Find New Revenue in Old Industrial
2014-04-25 03:46:00
Meridian Arranges $26M Financing for Crossroads
2014-04-09 02:09:00
NAI Carves Palm Beach Medical CRE Niche
2014-04-06 17:00:00
South Florida hotels report strong February
2014-03-23 17:00:00
Are Lenders Looking for Reasons to Cry 'Default'?
2014-03-18 06:42:00
When the Miami Condo Boom Ends
2014-03-17 17:00:00
CT Office Building Spanning Over 92,000 SF Sold
2014-01-15 16:00:00
SELLING POINTS: Shorenstein, Wharton, Urstadt Biddle, HFZ & more
2014-01-14 16:00:00
Related Beal Lands ex-Fidelity HQ in Bostons Hub
2014-01-01 16:00:00
Porsche dealership, showroom to join Manhattan’s Auto Row
2014-01-01 16:00:00
Long Island firm grabs Queens rental building for $28.5M
2013-12-29 16:00:00
LEASES: Kumon, Liberty Travel & Comcast
2013-12-25 16:00:00
Oden Huges Launches New Austin MF
2013-11-22 09:05:00
LEASES: US Postal Service; Boyar Asset Management; Sherwin Williams
2013-11-20 16:00:00
JLL Predicts $450M of Hotel Investment in Fort Lauderdale
2013-11-18 16:00:00
Meridian, Beech Street Arrange $90M in Financing for M-F Portfolio in Orange County, Calif.
2013-11-05 16:00:00
Meridian, Beech St. Arrange $90M Finance
2013-11-03 16:00:00
Howard Lorber lists Hamptons spread for $18.5M: PHOTOS
2013-10-29 17:00:00
Fort Lauderdale tourism bureau to spend $6.5M on ad campaign
2013-10-28 17:00:00
ARCP-Cole Deal Questioned by Shareholder Law Firms
2013-10-24 17:00:00
$63M Goes Towards Emerald Isle Refi
2013-09-26 17:00:00
Developers set sights on Masonic buildings for conversion
2013-09-26 17:00:00
$34M Goes Towards CA, AZ, LA
2013-09-19 08:29:00
Meridian Arranges $114M for Mixed-Use Refi
2013-08-18 17:00:00
Ramirez ready to deliver tomorrow’s brokerage
2013-07-24 17:00:00
$59M Goes to 28 National Properties
2013-07-16 17:00:00
Ramirez is new CEO at Halstead
2013-07-04 17:00:00
Diane Ramirez named Halstead CEO
2013-06-25 17:00:00
On the Scene
2013-05-21 17:00:00
Former Political Leaders Decry Gridlock
2013-05-01 17:00:00
Selling Points
2013-04-30 17:00:00
Hoteliers in Miami Grinning From March Tourist Activity
2013-04-23 10:40:00
Cushman Named Agent for Danbury Office Complex
2013-04-22 09:24:00
Koreatown Gentry Bring New Growth
2013-04-15 07:20:00
Broward County makes another push to develop hotel, upgrade convention center
2013-04-04 17:00:00
10-Year $12M Loan Goes Towards Apt. Buy
2013-03-07 16:00:00
Meridian Funds Two MF Assets
2013-01-28 06:51:00
Senior Housing Community Wins Gold Award for Design from National Association of Home Builders
2013-01-23 16:00:00
Record number of tourists visited South Florida in 2012: report
2012-12-25 16:00:00
Work Commences on Landmark Southpark
2012-12-20 16:00:00
Airbnb connects Hurricane Sandy evacuees with a free bed, nor’easter slows efforts to restore power … and more
2012-11-07 16:00:00
Deauville Beach Resort could see new tower rise
2012-11-04 16:00:00
Crescent Resources Opens Circle West Campus
2012-08-09 17:00:00
Top Core agent defects to Elliman
2012-03-11 17:00:00
Flurry of new hires at Town
2012-03-08 16:00:00
Top MNS agents head to Town
2012-03-05 16:00:00
Esprit leaves NY, three retail spaces up for grabs
2012-02-21 16:00:00
Elliman names top East End performers
2012-02-07 16:00:00
HFF Brokers Sale of 3 San Francisco Hotels
2011-11-17 16:00:00
Citi Habitats’ Rotter joins Halstead\xa0
2011-11-09 16:00:00
FAU football stadium to boost Boca after tomorrow’s opening
2011-10-13 17:00:00
South Florida hotels prepare for Fourth of July with perks, not price cuts
2011-06-29 17:00:00
Wealthy Russian bachelors descend on the Hamptons market
2011-06-19 17:00:00
New York’s best poolside properties
2011-06-16 17:00:00
Buyers: bring $11M and your bathing suit
2011-06-14 17:00:00
Jay-Z’s 40/40 Club signs lease for office space on West 36th Street
2011-04-28 17:00:00
Brand new Williamsburg charter school facility hits the market for $30M
2011-03-16 17:00:00
Crescent Resources Set to Begin Student Apts
2011-03-02 16:00:00
Broward County’s tourism rebounds
2011-02-24 16:00:00
Knock-knock… who’s there?
2010-04-19 17:00:00
Designer of Sears Tower and John Hancock Center Dies
2010-03-08 16:00:00
German group shed Mediterranean at Young Circle condo at 74 percent loss
2009-12-13 16:00:00
World’s largest cruise ship fires up hotel hopes in Ft. Lauderdale
2009-11-01 16:00:00
Tourism group taps reserves
2009-10-08 17:00:00
Building where Heath Ledger died sells for $15M
2009-07-21 17:00:00
Hotels still feel chill from fewer tourists
2009-05-04 17:00:00
170 East End hit with five suits seeking millions of dollars and contract revocations
2009-04-07 17:00:00
For a new market, new math
2009-01-25 16:00:00
Tax hike means home buyers can afford less
2008-12-30 16:00:00
Key Focus Areas
Asset Management
Brokerage
Lending
Property Management