JLL’s Valuation Advisory group forms dedicated national affordable housing practice

 

Andrea Gillman 

   CHICAGO, IL – Due to the strong demand for affordable rental units in the U.S., JLL’s Valuation Advisory group  has formed a dedicated, specialized national affordable housing practice and promoted Managing Directors Chip Ard and Andrea Gillman to co-lead the group.

 

Ard and Gillman are now responsible for expanding the national platform and their growing team will be involved with any valuation that involves an affordable component.

 Chip Ard

With a combined 35 years of practice, their experience includes appraisals in connection with the allocation of state and federal tax credits as well as many specialized affordable housing programs, including the HUD Multifamily Accelerated Processing (MAP) program.

 

The team also has experience with Freddie and Fannie agency appraisals, ad valorem tax protests, consulting, litigation support services and market studies.

Tony Lenamon

“We continue to see growing demand for affordable housing valuation services, which is best served by having a dedicated national team overseen by two experienced leaders,” said Tony Lenamon, Americas Head of Valuation Advisory. 

“Under Chip and Andrea’s stewardship, the affordable housing platform will be able to thrive as a separate, dedicated team within JLL’s Valuation Advisory group and allow us to service our clients even more.”

 

As co-heads of the affordable housing practice for Valuation Advisory, Ard and Gillman report to Lenamon and are based in Tulsa, Oklahoma. 

 

CONTACT:

Kimberly Steele

PR, Capital Markets,

Agency Leasing and

 Valuation Advisory 

JLL

T +1 713 852 3420

M +1 832 244 9994

JLL.com