Creating places of enduring value

Since 1962

Grossman Company Properties is a multi-generational real estate development, investment, and management company.

About

The company’s roots, equal parts chutzpah and hard work, have inspired pioneering projects in shopping centers, resorts, residential communities, and commercial arenas.

As owners and developers of more than 20 million square feet of real estate, we are mindful of our role as long term partners, which is why we lead with a hands-on approach, thoughtful design, meticulous attention to detail, adaptability, and an unwavering spirit of hospitality.

Capabilities

Meticulous attention to every single detail

At its root, development is about creation and transformation. We breathe new life into familiar places and imagine original spaces into new being.

We live with our decisions over the long term and gravitate toward projects we want in our personal and professional lives. In everything we do and build, we welcome you.

La Playa Carmel Courtyard
Bardenay Eagle River
Residential - Hidden Springs
palihouse-santa-monica
  • Ours is a studied, thoughtful, high design and humanistic approach. We practice the art of welcoming the kind stranger. It means comforting, caring for, and delighting people through architecture, landscaping, storytelling, and design.

    Learn more.

  • With an unwavering spirit of hospitality, create places where people want to be. We revel in the details and work always in service of lasting value — for our properties, our partners, our tenants, our team, and our communities.

  • From individual lots to projects of over ten thousand acres, GCP is a patient investor in land and a visionary of future development potential. We build, develop, nurture, and steward our projects to profitability and purpose with a great sense of pride.

  • GCP Capital Partners provides creative lending solutions to hotel, office, and apartment owners. With a $500 million asset-value fund, we offer mezzanine and participating preferred equity loans on select projects in the Western United States.

Case Studies

A portfolio of iconic properties and hidden gems alike

History & Leadership

GCP has a long legacy of success grounded in deep and hard-won experience.

Having flourished over the last 60 years through times of abundance and adversity alike, GCP is the definition of time-tested and team strengthened. We are nimble, entrepreneurial, and always invested for the road ahead.

GCP History - La Playa Gardens

Executive team

Nimble, Entrepreneurial & Invested

Executive Management

John Grossman
Chief Executive Officer

John drives investment and development across the GCP and Classic hospitality portfolio of properties. As CEO and Creative Director, he leads all aspects of project conception, design, branding, programming, and positioning for long-term stewardship of each asset.

His 20 years of experience in real estate development combine expertise in design-forward and environmentally conscious hospitality, office, aged care, affordable housing, and high-quality housing developments in markets ranging from San Francisco, CA to Sydney, Australia.  John is an active member of Young Presidents’ Organization and serves as a Trustee of Idaho Rivers United and Climate Ride.

Michael Pedulla
President

Mike leads the company’s strategic planning and growth, overseeing operations of the company and its real estate portfolio. With more than 20 years of experience in real estate-related investment, development, asset management and finance across many markets and property types, most recently Mike served as Managing Director and Co-President of Cityline Partners, a DLJ Real Estate Capital Partners subsidiary, on a large scale mixed-use and land development in Northern Virginia, in addition to leading other investments in the region.

Mike is a member of the Urban Land Institute, NAIOP, and the Cornell Real Estate Council.

Mark Dymek
Chief Investment Officer

Mark is responsible for identifying, evaluating, and executing investment and acquisition opportunities on behalf of GCP and Classic Hotels & Resorts.

Marks brings a wealth of real estate expertise to this position, spanning complex deal structuring, investment property sales and acquisitions, mortgage loan sales and acquisitions and management of private equity funds. Prior to joining GCP, Mark served as a Managing Director at Eastdil Secured, and previous to that as Senior Vice President of The Mills Corporation and Secured Capital Corp (predecessor organization to Eastdil Secured).

Jake Gray
Executive Vice President

Jake participates in the overall strategic planning, acquisitions, financing, development and operations of the Company.

Jake is an active contributor to Arizona organizations that enhance our community and business environment. He is an active member of the Urban Land Institute’s (ULI) Partnership Forum Program and Vice Chair of ULI’s Young Leaders Group.

Larry Coltharp
SVP / Chief Financial Officer

Larry oversees all financial, treasury, tax and information technology functions. With over 30 years of experience, Larry started his career in public accounting as an auditor with Touché Ross & Co. in New Orleans and Atlanta. He later held Director of Finance and Controller positions with several leading Fortune 500 and Fortune 500-equivalent international organizations in the Atlanta area.

Larry is a member of the American Institute of Certified Public Accountants, having passed the exam on his first sitting, and is also a member of the National Association of Real Estate Companies and Financial Executives International.

Stanley Gray
SVP / Construction & Operations

Stanley is a 40+ year veteran of GCP and in his current capacity oversees all development, operations, and construction activities, including expansions, renovations, tenant improvements, budgeting, capital projects and environmental issues for the company.

Throughout his tenure, Stanley has directly supervised the multi-million dollar expansions of several regional shopping centers, office buildings, and hotels including the complete renovation and expansion of the Arizona Biltmore Resort & Spa, the Arizona Grand Resort & Spa, Biltmore Fashion Park and Chris-Town Spectrum Mall. In addition, he has played a major role in the due diligence and assessments of potential acquisitions.

Anne McGoldrick
SVP / Management

Since 1980, Anne has been involved in a wide range of management duties within the organization. Currently, she oversees the management, marketing and leasing of the Arizona properties as well as coordinates the Arizona Grand Villas program and sales efforts and serves as Secretary of the Arizona Grand Villas Association. Anne’s past positions with GCP include the coordination of corporate reporting requirements to our various partners and lenders, and she has held the position of General Manager of Biltmore Fashion Park, Town & Country, and Chris-Town Spectrum Mall and Asset Manager for multi-family properties.

Anne holds an Arizona Department of Real Estate Sales license and currently serves on the Board of the Arizona Retailers Association.

Ennis Dale
SVP / General Counsel

Ennis joined the team in March 1995 as Senior Vice President. He previously served as Senior Vice President of one of the country’s largest title insurance companies and as President of its real estate development subsidiary. Prior to that, Ennis was responsible for the successful financial restructuring of one of the Southwest’s largest real estate development and homebuilding companies and refinancing in excess of $500 million of debt.

Tom Bobo
VP / Eagle River

Based in Boise, Tom oversees the the multi-faceted daily operations involved with the development, acquisition, disposition, leasing, financing and asset management of income producing commercial real estate throughout the Western United States.

Hospitality Leadership

Richard Behr
Chief Operating Officer

Richard leads the operations and profitability of GCP and a growing collection of hotels, while achieving optimum operating standards and efficiencies. He brings over 30 years of experience and leadership working with prestigious hotel companies including The Ritz-Carlton Hotel Company, Destination Hotels & Resorts, Hilton Hotels & Resorts, The Phoenician Resort, Arizona Biltmore and Royal Palms Resort & Spa.

Richard has been the recipient of numerous industry awards bestowed by Mobil, AAA, and Conde Nast and was appointed to the Governor’s Tourism Alliance. In addition, he has served on the boards of the Arizona Hotel & Lodging Association, Phoenix Convention and Visitors Bureau and the Scottsdale Convention & Visitors Bureau.

Tim Price
Executive Vice President

Tim provides management oversight of the sales, marketing and revenue strategies for our growing portfolio of hotels. He has held a number of previous leadership positions, including Market Sales Leader for 26 Marriott hotels throughout California. Tim also served as the Director of Sales and Marketing at the J.W. Marriott Desert Ridge Resort & Spa where he successfully positioned the landmark property as the rate and occupancy leader.

Tim was employed with Marriott for more than 20 years and is a recipient of the coveted Sales Leader of the Year Award honoring his exceptional accomplishments within the hospitality industry.

Dave Yeager
VP / Finance

Dave structures all transitions and manages the hotel portfolio with a customized ownership approach to hotel finance. With 46 years of financial management and leadership experience, he has guided financial operations for such prominent companies as Marriott International, Destination Hotels & Resorts, Renaissance Hotels & Resorts and Stouffer Hotels & Resorts. Dave has directed notable ownership groups including Nestle USA, Alcoa, JMB Realty, Lloyd’s of London, CTF Holdings, MONY Life and AXA Financial.

Mary Crowe
VP / Quality Assurance

Mary provides management oversight of service and quality standards for the hotel portfolio, participating in renovation, re-launch and quality initiatives. She has managed a number of luxury properties in California and has worked extensively with renovation, relaunch and new construction projects.

Mary serves on several boards including California Hotel & Lodging association, Visit Carmel and the Carmel Foundation.

Nancy Silver
VP / Organizational Development

With over 25 years in Human Resources, Nancy has spent her professional life in the hospitality industry. Her career highlights include opening the Hyatt Regency Scottsdale, 17 years with Destination Hotels as the Area HR Director for Royal Palms Resort and Spa, and, most recently, transitioning the former Ritz Carlton Phoenix into the new Camby Hotel.

Advisory Board

Sam Grossman
Founder

As the Founder of Grossman Company Properties and Classic Hotels & Resorts®, Sam Grossman began his real estate career with the purchase of Chris-Town Mall in the early 1960s and eventually built a portfolio of commercial properties including shopping centers, office buildings, hotels and resorts, multi-family residential and agricultural land.

He attended UCLA and Stanford University and was Arizona’s Democratic candidate for the United States Senate in 1970. Sam is a well-known commercial real estate lecturer and has spoken in various cities around the world. He is a graduating member of the Young Presidents’ Organization, a member of the Chief Executive Organization, a retired member of the Board of Trustees of the United States Ski Team, and Founder of the Arizona Biltmore Children’s Charities. He is also a past council member of the Urban Land Institute and International Council of Shopping Centers.

Sam, who has had a life-long interest in health and nutrition, completed his book Win the Food Fight and released it nationally in 1989. The publication appeared on a number of bestseller lists. In 1995, he also released an audiobook entitled The 10 Commandments of Making It On Your Own.

Chuck Carlise
Vice Chairman

Since 1967, Chuck has served as VP of Operations, Director, and ultimately President of GCP before retiring. Previously, he was Vice President and Senior Title Officer of Lawyers Title of Arizona, having advanced to that title at the youngest age ever in the history of the company.

A member of Young Presidents’ Organization, International Council of Shopping Centers, Urban Land Institute, Shopping Center Industry Political Action Committee, Land Title Association, and the Right-of-Way Association Chuck has also been on the boards and committees of the Foundation for Senior Living, the Hidden Springs Community School, Xavier High School Board and the Diocese of Phoenix Financial Development Committee.

W. Matthew Crow
Managing Director

Matt served as President and CEO of GCP for 30 years following a successful career as an investment banker in New York and one of the founders of Citicorp Investment Bank’s international real estate finance group.

Matt is the past President of the Board of Directors of the Urban Land Institute – Arizona District Council, and has served on the Board of Trustees of the Heard Museum, as Vice Chairman of the Greater Phoenix Convention and Visitors’ Bureau, and President of Biltmore Area Partners. Matt is currently a member of World Presidents’ Organization.

Craig Greenberg
Advisor

Having spent his career focused on revitalizing urban cities through innovative real estate projects and businesses, Craig is experienced in private equity and public company transactions, real estate deals, complicated financing structures, and building a company from concept to over 1,000 employees at 10 locations.

Craig is a passionate leader, dedicated to building strong relationships and teams, making big ideas a reality and, proactively and clearly communicating complicated matters.

Jim Grossman
Advisor and President of Grossman Family Foundation, the family’s charitable foundation

1966-2022 ~ In memory of Jim who served both the company and the community for decades.

Jim was the founder and developer of Hidden Springs, Idaho, a 1,700-acre, 848-home, national award winning and environmentally sensitive master planned community in northwest Boise. Hidden Springs is the sister property to Cartwright Ranch, an expansion of Jim’s vision for smart growth communities filled with open spaces, walkability and a true sense of community.

Jim’s contribution to his community included originating Boise’s first non-parochial independent K-12 school, now known as Riverstone International School and serving as the Chairman of the 2009 Special Olympics World Winter Games in Idaho. Jim was also an accomplished athlete having won the National Junior Olympic Slalom Championship, placing second in the US Snowboarding Nationals, and becoming a Grandmaster World Champion Surf Kayaker.

One Percent for the Planet

1% for the planet

We are proud partners with 1% for the Planet, a globally-recognized alliance of businesses that understand the necessity of protecting the natural environment.

We feel it our duty to take a greater responsibility for the cost of environmental impact and our partnership with 1% for the Planet recognizes this focus. We are the first hotel management company to do so, and hope that this commitment compels fellow management companies to follow suit.

Acquisition Criteria

GCP is a vertically integrated company that is able to evaluate and respond to qualified opportunities within short time frames.

Property Classification:
Resort & Boutique Hotels
Urban Hospitality
Class A Office
Residential (Multi-Family)
Self Storage / Industrial
Land (Mid to Long-Term Development)

Location:
Western United States – including the Mountain West

Transaction Size:
$10 million – $350 million

Mark Dymek
Chief Investment Officer
Grossman Company Properties
7272 E Indian School Rd, Suite 200 Scottsdale, AZ 85251

E: acquisitions@grossmancompany.com
T: 602 385 3539