DENVER, PHOENIX and SEATTLE – Multifamily assets
continue to be a target for investors, ending 2017 with nearly $140 billion in
transaction volume in the U.S. alone.
To keep pace with
demand, JLL announced the expansion of its leading multifamily platform with
the addition of 14 professionals across the West, including two industry
veterans hired as Managing Directors in the Phoenix office of JLL .
“JLL is committed to an integrated capital markets business
to serve the commercial real estate industry. For our multifamily
offerings that means global capital access, local market knowledge and capital
markets expertise to deliver solutions – whether buying, selling or financing a
multifamily asset,” said JLL International Director David Williams.
Matt Steffen |
“In 2017, JLL completed more than 600 assignments and $18.7
billion of debt, equity and sales transactions in the U.S.
"The addition of
these talented individuals to our platform in the West further support our
commitment to a strong, connected presence in the marketplace,” he added.
Phoenix
Joining JLL in Phoenix are Managing Directors Brandon
Harrington and Matt Steffen, a market-leading duo specializing in
multifamily debt and equity opportunities nationwide.
Bringing over 25 years of
combined experience, Harrington and Steffen arranged more than $1 billion of
financing in the past two years alone, with nearly 75 percent of the volume
financed with Fannie Mae, Freddie Mac and the U.S. Department of Housing and
Urban Development (HUD). Harrington and Steffen join from a nationally
recognized brokerage firm, along with two additional team members.
Peter Belisle |
“The connectivity in our multifamily platform is bolstered
by the diverse range of geographic and product offerings we have.
"Our new partners bring exceptional experience and will continue to deliver the high quality service our clients have come to expect when they work with JLL,” said Peter Belisle, JLL Southwest Market Director.
"Our new partners bring exceptional experience and will continue to deliver the high quality service our clients have come to expect when they work with JLL,” said Peter Belisle, JLL Southwest Market Director.
Harrington holds a bachelor’s degree in business from the
W.P. Carey School of Business at Arizona State University, and is a member of
the Arizona Multihousing Association (AMA).
David A. Williams |
Denver
Expanding JLL’s multifamily presence in Denver are David
Martin, Pamela Koster and Mike Grippi. They join from Moran & Company
along with three additional team members. Together, they have more than 50
years of experience and nearly $8 billion in multifamily debt and sales
transactions.
Added Paul Washington, JLL Market Director, Rocky Mountain
Region, “Denver’s strong job growth continues to outpace its robust population
growth, which is fueled by the net-migration of an educated workforce.
" Each of these factors contribute towards the
demand for, and the value of, multifamily product. The addition of this highly
talented team of professionals to our already strong multifamily platform
speaks to JLL’s dedication to serving our clients with the very best strategic
advice and execution, and growing our market share as a result.”
Paul Washington |
Koster holds a bachelor’s degree from Loyola University of
Chicago and a Master’s of Business Administration from Loyola Marymount
University. She is a member of ULI and CREW Denver. Grippi holds a Bachelor of
Science in economics from the University of Oregon.
Seattle
Managing Director Jim Schneider and Vice Presidents Madeleine Roach and William “Wim” Roach have joined the multifamily platform in Seattle, along with one other team member.
Managing Director Jim Schneider and Vice Presidents Madeleine Roach and William “Wim” Roach have joined the multifamily platform in Seattle, along with one other team member.
A 16-year veteran of HUD originations in the Pacific
Northwest, Schneider has closed more than $2 billion in HUD loans in his
career, including more than $1.2 billion in the last seven years with his prior
firm, Centennial Mortgage.
Brian Kelleher |
“The addition of Jim and his talented team significantly
enhances our agency lending platform in the Puget Sound region, giving our
clients access to a wealth of experience, insight and support with which to
navigate what can sometimes be very complex loan programs,” said Brian Kelleher, International Director, JLL.
Schneider, who was on the tennis and ski teams while an
undergraduate at Seattle University, holds a bachelor’s degree from SU and a
Master’s of Business Administration in operations, marketing and ECIS from
Loyola University in Chicago.
Wim and Madeline Roach, who have closed over $166 million in
HUD loans combined since 2016, both hold bachelor’s degrees from Gonzaga
University.
For more information, please contact:
Contact: Stacey Hershauer
Phone: +1 480 600 0195