Detroit-based Bedrock, a full-service real estate firm — responsible for investing more than $5.6 billion in acquiring and developing more than 100 properties in downtown Detroit and Cleveland — today has named three new executive leaders.
They include: Ivy Greaner, as chief operating officer, to start Nov. 16; John Costello, as chief development officer to begin Monday; and Nadia Sesay as Bedrock’s first chief community growth and development officer, starting Dec. 4.
“Ivy, John, and Nadia are the perfect additions to the talented team at Bedrock as we continue the important work of curating vibrant spaces and places, while working together to uplift the broader community,” says Kofi Bonner, CEO of Bedrock.
Greaner has nearly 30 years of experience as a real estate executive and investment leader of retail, commercial and multi-family projects in every region of the United States, from the Midwest, to the South to the West Coast. Most recently, she served as executive vice president and COO of Chicago-based InvenTrust Properties. In one of her prior roles, she was partner and COO of Ram Realty Services in Detroit and was on the leadership team that developed the city’s first Whole Foods Market in Midtown.
In Greaner’s new position as COO at Bedrock, she will be responsible for the day- to-day administrative and operational functions.
Costello joins Bedrock from FivePoint Holdings (formerly Lennar Urban) where he served as executive vice president of commercial for the last five years. Over the course of his 35-year, bi-coastal career in development, he has built upwards of 10,000 residential units and a total of some 21 million mixed-use, residential, and commercial square feet in the U.S.
In his role as CDO at Bedrock, Costello is tasked with streamlining overall development functions across the enterprise at a pivotal moment for landmark projects like the Hudson’s Site and Book Tower, and as Bedrock makes its first foray into the industrial sector.
In a brand-new position for Bedrock, as chief community growth and development officer, Sesay will be leading a team focused on making meaningful connections between Bedrock’s expertise and the growing communities of Detroit and Cleveland.
Sesay comes to Bedrock from the City of San Francisco’s office of community investment and infrastructure, where she served as executive director. In this role, she was responsible for the economic development of the new Transbay, Mission Bay and Hunters Point Shipyard neighborhoods, which collectively provide over 20,000 new housing units, including approximately 7,000 affordable housing units, 400 acres of parks and open space and 10 million square feet of commercial space.
Click here to view a complete timeline of Bedrock and the Rock Family of Companies’ engagement within the Detroit community.
