Experienced real estate professional will lead lender services, lease administration and project services for national client base
NAI Hiffman, one of the nation’s largest independent real estate services companies, and Hiffman National, the firm’s property management and advisory services division, today announced the appointment of Paul Grusecki as managing director – head of advisory services. Grusecki will be based in Hiffman’s headquarters in Oakbrook Terrace, Ill., and lead the firm’s Advisory Services group, whose integrated platform serves owner, occupier and lender clients in markets across the country.
Grusecki joins Hiffman after more than 14 years at Chicago-based CIBC Bank USA, where he was most recently managing director, head of commercial real estate special loans and other real estate owned (REO). Grusecki has overseen $3 billion in distressed commercial real estate transactions over his career and sold $1 billion in office properties and mortgages in the past six quarters.
“Paul’s extensive background in banking, distressed asset management and strategic problem-solving aligns perfectly with our mission to deliver tailored solutions for clients facing complex and evolving real estate needs,” said John Heiberger, president and chief executive officer of NAI Hiffman and Hiffman National. “His expertise will be instrumental in enhancing our offerings, streamlining processes and ensuring we remain agile in today’s fast-changing market conditions.”
In this role, Grusecki will be tasked with expanding Hiffman’s project services, workplace solutions, lender services and lease administration offerings, which along with the firm’s management and brokerage capabilities, provide clients with a comprehensive suite of real estate solutions. He will also expand relationships with major lenders and loan servicers to provide strategic counsel, real-estate-owned (REO) management and brokerage services, and receivership services to troubled debt portfolios.
“Advisory Services – at its core – is about making lives easier, building trust and delivering a higher level of service tailored to the needs of each client,” Grusecki said. “While commercial real estate, and the office market in particular, continues to face challenges as distress works its way through the market, many investors realize this is a generational opportunity to invest capital in well-located assets with strong appreciation potential.”
Grusecki holds a bachelor’s degree from Marquette University and an MBA from the University of Notre Dame. Among other pursuits, he is a two-term sponsorship chair of the Misericordia Young Professionals Council.
About NAI Hiffman:
NAI Hiffman is one of the largest independent commercial real estate services firms in the U.S., with a primary focus on metropolitan Chicago, and part of the NAI Global network. The firm provides institutional and private leasing, property management, tenant representation, capital markets, project services, research and marketing services for owners and occupiers of commercial real estate. To meet clients’ growing needs outside of NAI Hiffman territory, the company launched Hiffman National, its dedicated property solutions division, which provides property management, project services and property accounting services across the country. NAI Hiffman | Hiffman National is an award-winning company headquartered in suburban Chicago, with more than 250 employees strategically located throughout North America.
About Hiffman National:
Hiffman National is one of the largest independent commercial real estate property management and advisory firms in the U.S., providing institutional and private clients exceptional customized solutions for property management, facility management, advisory services, accounting, lease administration, lender services, project management, marketing and research. The firm’s comprehensive property management platform and attentive approach to service contribute to exceptional client service and longstanding relationships. Consistently recognized as a top workplace and CRE award winner, Hiffman National is headquartered in suburban Chicago, with more than 250 employees nationally and an additional six hub locations and 25 satellite offices across North America.
Paul Grusecki has been named managing director – head of advisory services at Hiffman National. In this role, he will be tasking with expanding Hiffman’s Advisory Services group, whose integrated platform serves owner, occupier and lender clients in markets across the country.