Advenir and Oakley Group Form Joint Venture to Accumulate Portfolio of 8,000 BFR Units Throughout the Southeast and Midwest

 

David Oakley

BIRMINGHAM, AL -- Advenir, a Miami-based vertically integrated investor, developer, and operator of multifamily assets, has joined forces with Oakley Group, a Birmingham-based investor and developer of multifamily properties, to develop, acquire, and operate a portfolio of Single-Family Rental (“SFR”) / Built-for-Rent (“BFR”) properties. 

 

Formed in October of 2020, the joint venture, Advenir Oakley Capital, has the stated purpose of accumulating a portfolio of 8,000 BFR units in markets that demonstrate outsized demand stemming from strong job creation, positive in-migration, low taxation, an expensive housing market and local desirability.

 

Michael Krombach

Significant home foreclosures due to the Great Financial Crisis of 2007/2008 resulted in the emergence of a new sector: single family homes for rent (SFR).

 

 Financial investors found significant success acquiring, renovating, and renting homes that went through foreclosure and learned that there was healthy demand for the asset class.

As a result, developers began to explore the operational efficiencies of building purpose-built communities with homes for rent (BFR) and found great success in both leasing and operations in the Southwest United States. 

 

CONTACTS:

 

David Oakley, founder and CEO of Oakley Group, OG Capital, LLC and principal of Advenir Oakley Capital, LLC 205-913-4632 or david.oakley@og.capital

 

Michael Krombach, COO / General Counsel, OG Capital, LLC, and principal of Advenir Oakley Capital, LLC; 904-233-4608; Michael.Krombach@og.capital

Aimee Morgan and Kai Pan promoted to lead JLL Valuation Advisory’s multi-housing practice

 

Aimee Morgan

 CHICAGO, IL, Jan. 4, 2022 – JLL has promoted Managing Directors Aimee Morgan and Kai Pan to co-lead JLL’s national Valuation Advisory multi-housing practice, which has seen record growth over the past two years, almost tripling in size.

 

They plan on streamlining operations, growing the business and internal and external brand development.

 

Morgan and Pan have worked closely for the past two years to drive significant growth in the practice, with Morgan building and expanding various regions and client accounts and Pan driving technology advancements and capacity across the country.

Kai Pan

With nearly 25 years of combined experience, they have completed and overseen thousands of multi-housing assignments, including conventional multifamily, Freddie Mac and Fannie Mae transactions, affordable and workforce housing, student housing, asset management and tax reporting and conduit lending and bridge loans.

 

“Aimee and Kai’s leadership is going to strengthen the multi-housing sector's overall deliverable and client service platform,” said Tony Lenamon, Americas Head of Valuation Advisory.

“We have seen record demand for our services for multi-housing valuations, which is now best served by appointing two leaders who will grow our capabilities to service clients even more.”

Tony Lenamon

 

Reporting to Lenamon, Morgan and Pan assumed their co-leadership roles on January 1, 2022, as Co-Heads of Multi-housing Property Sector, Valuation Advisory.

 

“Our goal is to be the provider of choice to our clients and the employer of choice to our appraisers,” Morgan said. “We’ll be making big changes and strides over the coming months and years to make our practice world class in every way.”

 

 For more news, videos and research resources on JLL, please visit our newsroom.

 

CONTACT:

Kimberly Steele

PR, Capital Markets,

 Agency Leasing

and Valuation Advisory 

JLL

M +1 832 244 9994

JLL.com

Leon McBroom appointed co-head of JLL’s Denver Capital Markets group

 

Leon McBroom 

DENVER, CO, Jan. 4, 2022 – JLL Capital Markets has appointed Leon McBroom Senior Managing Director and co-head of its Denver Capital Markets group.

 

McBroom will oversee the debt and equity advisory platform, while Senior Managing Director Eric Tupler will continue to oversee the office’s investment sales advisory practice.

 

McBroom joined JLL in 2019 through the HFF/JLL merger and has more than a decade of commercial real estate financing experience.

 

Over the course of his career, he has successfully closed more than $7 billion of debt and equity commercial real estate transactions across a wide variety of property types, including office, retail, hospitality, industrial and multi-housing.

 

McBroom is an active board member for the University of Colorado Real Estate Center and has chaired the University’s internship and placement committee.

Eric Tupler

 

He is a graduate of the University of Colorado, holding both a Bachelor of Arts and Master of Business Administration degree.

 

“Leon joined our team in 2012 and has been an incredible team player over the years,” Tupler said. “It’s an honor to now co-lead the Denver office alongside him.

 

"I have no doubt he will bring an elevated level of service to the debt and equity advisory practice as we continue to provide complex financing solutions for our client base.”

 

“The JLL Denver Debt and Equity advisory platform has had a No. 1 market share ever since Eric Tupler opened the office in 2012,” McBroom said.

 

“His leadership and mentorship have been foundations for our success, and I look forward to building off of that alongside my fellow teammates.”

 

For more news, videos and research resources on JLL, please visit our newsroom.

 CONTACT:

  

Kristen Murphy

Senior Manager

 Public Relations

 Investor Services

JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

 

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