Beefing up its multi-housing muscle, JLL Capital Markets is adding three new senior managing directors to the firm’s San Francisco office.
In specific: Ryan Wagner, Matt Kroger and Brandon Geraldo have joined JLL to focus on multi-housing investment advisory transactions in the San Francisco Bay Area, Northern California and Northern Nevada.
The news release is concise as to why JLL is addressing the multi-housing need for talent:
… there is a growing demand for multi-housing assets within the Bay Area. According to JLL Research, the region continues to be a dynamic employment market with major growth industries, including big technology, financial services, life sciences and healthcare. That, combined with the region remaining a top destination for new graduates, has led to an expanding renter pool and supply deficit.
Wagner, Kroger and Geraldo – with a combined 47 years of commercial real estate experience – were all previously executive vice presidents, also all with Bay Area expertise.