Industry Veteran to Co-Lead Carolinas Greysteel Office

Michael Hehir will join Ari Firoozabadi in managing the firm’s Southeast expansion. He will be based in Charlotte, where Greysteel launched its second practice this year.

Michael Hehir

Michael Hehir, Director, Greysteel

Greysteel has opened its second office in 2019. Industry veteran Michael Hehir joined the company as director to co-lead the launch of Greysteel’s office in Charlotte, N.C. He will work together with President & CEO Ari Firoozabadi to continue the firm’s expansion into the Carolinas.

Hehir will be in charge of arranging sales of private client, middle market and institutionally owned multifamily properties and portfolios throughout North and South Carolina. He has more than a decade of experience in the industry, working in brokerage and development across several asset types including multifamily, retail, office and land. Previously, Hehir served as managing partner at Basecamp Apartment Advisors Inc., a company he founded and where he focused on multifamily sales.

“Following our recent office opening in Manhattan earlier this month, adding our first office in the Southeast region in Charlotte is an exciting time for our firm. This will mark our 13th office opening since 2012 and is the first of several planned in this region,” Firoozabadi said in a prepared statement.

Both South and North Carolina have experienced strong population and job growth in recent years, fueling housing demand. North Carolina ranks among the top 10 states in the nation where Millennials are moving. According to Yardi Matrix’s latest multifamily report, the Charlotte multifamily market is showing no sign of cooling off.

Image courtesy of Greysteel