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News release

New York

JLL’s Hotels & Hospitality Group Expands Asset Management and Advisory Platform

John J. DePaul joins as Executive Vice President; Clay Dickinson and Greg Hartmann rise to Managing Directors


NEW YORK, Aug. 7, 2014 – In order to better service and further expand its worldwide asset management portfolio of more than 40 hotels, JLL has added industry veteran John J. DePaul to lead the Hotels & Hospitality Group’s asset management and advisory practice in the Northeast United States. DePaul will report to Greg Hartmann, who was recently promoted to Managing Director and leads the hotel asset management and advisory practice in the U.S. and Canada. 

“John has an outstanding track record of achieving superior results for clients and will prove to be an instant asset to our business. His vast experience includes advising and asset managing a 31-hotel portfolio and most recently providing advisory and asset management services to a $22 billion dollar hedge fund with hospitality assets in excess of $1.5 billion dollars,” said Hartmann. “We’re looking forward to the smart, fresh perspective John is bringing to our growing asset management and advisory platform.”

During DePaul’s more than 32 years of hospitality management and advisory experience, he served as Managing Member and founder of NHH Capital Advisors LLC, a fully-integrated hospitality advisory, asset management and investment platform executing more than $4.5 billion in project assignments since 2006. He also served as Vice Chairman and Chief Executive Officer of Melrose Hotel Corporation LLC, an independent upscale real estate hotel platform within Berwind Property Group LTD. He earned his Bachelor of Science degree in management with an emphasis in marketing from Philadelphia University.

Along with Hartmann, JLL promoted Clay Dickinson to Managing Director. Hartmann will continue to lead asset management and advisory efforts for the U.S. and Canada while Dickinson’s focus will lie in the Latin American region. The platform’s growth comes in response to a recent uptick in clients’ needs for expert advice on a host of existing and new projects.

”With a robust asset management and advisory platform, JLL’s Hotels & Hospitality Group offers services that include asset management, strategic planning for brands and operators, advisory services, valuation, development consulting, project management, operator and brand selections and negotiations to go along with its industry leading investment sales and investment banking position,” said Arthur Adler, Americas CEO and Managing Director of JLL’s Hotels & Hospitality Group. “Our best-in-class talent is ready to provide solutions and expert insight for any and all assignments.”

JLL’s Hotels & Hospitality Group serves as the hospitality industry’s global leader in real estate services for luxury, upscale, select service and budget hotels; timeshare and fractional ownership properties; convention centers; mixed-use developments and other hospitality properties. The firm’s 300 dedicated hotel and hospitality experts partner with investors and owner/operators around the globe to support and shape investment strategies that deliver maximum value throughout the entire lifecycle of an asset. In the last five years, the team completed more transactions than any other hotels and hospitality real estate advisor in the world totaling nearly US $36 billion, while also completing approximately 4,000 advisory, valuation and asset management assignments. The group’s hotels and hospitality specialists provide independent and expert advice to clients, backed by industry-leading research.

For more news, videos and research from JLL’s Hotels & Hospitality Group, please visit: www.jll.com/hospitality or download the Hotels & Hospitality Group’s iPhone app or iPad app from the App Store.

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About JLL

JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.