JLL Hires MF Investment Specialists
- Mar 22, 2011
Atlanta–Jones Lang LaSalle is expanding its multifamily investment sales with the addition of industry veterans Derrick Bloom and David Gutting, who will join JLL as managing directors. The firm has also added Senior Vice President Vince Lefler and Vice President Porter Jones, to strengthen the firm’s Capital Markets platform in the Southeast and along the East Coast.
Jubeen Vaghefi, managing director and national head of the firm’s multifamily investment sales business, says in a statement, “These two teams have held the number one or two rankings for nine out of the last 10 years in Atlanta and have been responsible for roughly 65 percent of the Atlanta transaction market share since 2003.”
Bloom is formerly a partner with Apartment Realty Advisors, Inc. and ARA Finance, Inc., having been a founding partner of the firm in 2000. Since that time, Bloom has participated in the expansion of more than 20 offices and five specialty practice groups at that firm. Prior to ARA, Bloom served as a real estate consultant with Deloitte & Touche, LLP and, before that, specialized in creative tax solutions for joint ventures at Arthur Andersen LLP.
Gutting has more than 22 years of multifamily experience throughout the Southeast region in all aspects of multifamily acquisitions, asset management, dispositions, development and brokerage. Over the last decade, David has been a consistent annual recipient of the Atlanta Board of Realtor’s prestigious “Top 10 Investment Sales Brokers.” As executive director at Cushman & Wakefield, the Atlanta team concluded the sale of more than $7.5B in multifamily assets throughout the region. Prior to that, Gutting was vice president of development for Davis Development and served as vice president of acquisitions for Pension Fund Advisor, Raymond James Realty Advisors, (now Simpson Housing).
Lefler, also joining the team from ARA, will focus primarily on secondary Southeast markets such as those in Tennessee, Alabama and the Carolinas. Lefler was instrumental in growing ARA’s non-Atlanta sales. Under his tenure, multifamily sales in these territories grew by more than 800 percent. Prior to joining ARA, he worked at IBM as a software consultant focusing on the financial services and healthcare industries.
Jones also joins from Cushman & Wakefield. He focuses on institutional sales in the Atlanta area and assists developer clients with sourcing joint venture equity.