Grubb & Ellis Broker Arranges for Special Deal in Bankruptcy Case
The Registry reports that Daniel Cressman has negotiated an agreement with Grubb & Ellis Co. to receive commission directly from the landlord on the Macys.com lease. This is contrast to the other brokers who are being treated as unsecured creditors in Grubb’s bankruptcy case. Michael Fox represents more than 50 brokers in the case and was quoted extensively regarding the appeal of Grubb’s bankruptcy ruling.
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