JLL expands multifamily presence in Phoenix, throughout West

14 investment sales, debt professionals join JLL in Denver, Phoenix and Seattle

PHOENIX,  Arizona – 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 has 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. “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.

Based out of Phoenix, Harrington and Steffen are tasked with growing JLL’s multifamily presence between Denver and Southern California, and will be partnering with investment sales teams in the region.

“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. 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). Steffen earned a bachelor’s degree in marine transportation from the California Maritime Academy at California State University (Vallejo) and a professional graduate-level certificate in finance through Harvard University. He is a member of ULI and the AMA.