Justin Kennedy CoCEO



Justin Kennedy leads Grass River’s investment activities and strategic direction. Justin’s 29 years of experience span real estate finance, investment and development across US and international markets.

Prior to founding Grass River, Justin served with Toby Cobb as Co-CEO of LNR Property, LLC; one of the world’s most influential and diversified real estate investment and services companies. Justin led LNR’s global real estate investment activities and its nationwide real estate development business. Justin and Toby led a firm-wide repositioning of LNR’s global operations, including start up of several highly profitable new business units, culminating with LNR’s $1+bn sale to affiliates of Starwood Capital in 2013.

Prior to LNR, Justin served as Managing Director and Global Head of Real Estate Capital Markets at Deutsche Bank. Justin was a founding member of DB’s market-leading, $50+billion Global Commercial Real Estate business unit (“GCRE”); he led trading, structuring, syndication and risk management across GCRE’s global finance, origination and servicing platform. Justin is credited as one of a few Wall Street traders who predicted the 2008 financial crisis; he designed and executed the 2006 strategy that hedged GCRE loss exposure during the crisis.