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Robert Grunnah

Robert Grunnah

Novus Realty Advisors LLC

Robert Grunnah, CCIM, is a principal with Novus Realty Advisors LLC, formed in 2014. He previously was a longtime president of the Investments Division of Henry S. Miller Brokerage LLC. Prior to that he was president and CEO of Newmarket Group Southwest and president of Reliance Securities Corp. Grunnah initially joined Henry S. Miller Co. in 1971. A Stemmons Service Award winner, he holds a BBA in Finance from Southern Methodist University.

Stories by Robert Grunnah

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Commercial Real Estate

2022 North Texas Land Absorption Report Reveals Record Demand for Land in North Texas

The DFW market still expects to absorb an additional expansion of more than 20,000 acres over the next 15 to 20 years, according to Younger Partners' Robert Grunnah.
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Commercial Real Estate

The Traditional Transition of Underdeveloped Land as an Investment

If you haven’t visited, but have only heard of Terrell, Midlothian, Howe, Sanger, and Weatherford, you will soon, says Younger Partners exec Robert Grunnah.
Younger Land Absorption Map
Commercial Real Estate

2020 North Texas Land Absorption Report Reveals a Promising Future

DFW is well-positioned to absorb even a relatively strong readjustment and has emerged as a top-five national investment market, says veteran land broker Robert Grunnah.
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Commercial Real Estate

CRE Opinion: North Texas Land Absorption Report

Younger Partners' Robert Grunnah gives the lay of the land in the land investment market for DFW.
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Commercial Real Estate

CRE Opinion: North Texas Land Absorption Report

Younger Partners' Robert Grunnah gives the lay of the land in the land investment market for DFW.
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Stories by Robert Grunnah

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Commercial Real Estate

CRE Opinion: Musings from the Press Box at the Top of the Ninth

Water inefficiencies, overbuilding, and geopolitical events that could cause a correction in this long running cycle.
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Business

CRE Opinion: Enduring The Peaks And Valleys Of The Dallas Market

The current cycle may last longer if the industry stops trying to meet inflated demand and returns to basic fundamentals—but don’t expect this to happen anytime soon.
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Commercial Real Estate

DFW Land Absorption Report

Land investment differs greatly from other types of real estate products, generally by its inability to produce interim cash flow and its vulnerability to recurring cycles.
Business

Robert Grunnah: The Most Dangerous Four- (or Five-) Letter Words in Real Estate

An active, robust economy produces good jobs, good pay, and high occupancies, such as we have seen the last three years. This has produced record compressed capitalization rates at levels not inversely seen since my Great Depression (I986-1990).
Land

Robert Grunnah: DFW Land Absorption Report 2015

The DFW market today is seeing record prices for infill, readily developable sites possessing available infrastructure, permitted anticipated uses, and demand for product. Fueled by extensive population and employment growth, new construction remains at a record pace which is anticipated to continue at least through 2017.
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