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Bentley Forbes builds staff to boost holdings as high as $10 billion.

Publication: Los Angeles Business Journal
Publication Date: 23-AUG-04 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Bentley Forbes builds staff to boost holdings as high as $10 billion.(Up Front)(Bentley-Forbes Group Inc.)

Article Excerpt
Fred Wehba, chairman of the real estate investment firm Bentley Forbes, has built his castle--now he wants to ensure his place in history.

"We want to build a legacy--a dynasty, really," Wehba said. "It's the dream of my sons to pass along the company to their children."

In order to build that dynasty, Wehba has taken a cue from medieval kings, whose savvy cross-border alliances added to their holdings and ensured their security.

Since June, Wehba has loosened the grip the family has held on the company since he set up shop in L.A. a decade ago. He's brought on a handful of senior executives with experience in investment banking and publicly held real estate companies.

The moves are the first steps in what Wehba is touting as an aggressive expansion move. In the last decade, BentleyForbes has cobbled...

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