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News release

HOUSTON, TX

Raising the Bar – and Equity – from Houston’s Hot Financing Market

Industry veteran Tom Podgorski joins JLL as Managing Director


HOUSTON, Sept. 24, 2014 – Sparked by job and population growth and a robust supply of debt and equity, Houston has earned the status of a bona fide hotbed for commercial real estate investment. In response, JLL’s Capital Markets has enlisted the expertise of Tom Podgorski, who will join the firm’s real estate investment banking (REIB) platform. Podgorski will partner with Managing Director Paul House and the Houston team, working under the direction of the firm’s REIB leaders, Executive Managing Directors Mike Melody, Tom Melody and Tom Fish to provide an array of debt services, with an emphasis on raising equity.

“The addition of Tom’s unrivaled debt and equity financing knowledge, particularly his equity raising skills, is essential for a market like Houston and we look forward to meeting–and exceeding--our clients’ needs,” says House.

Adds Podgorski, “Our clients all across the country are clamoring for additional equity sources in nearly every sector including retail, multifamily and industrial and even office and mixed-use.  I look forward to collaborating with my Houston colleagues to bring the full breadth of financing services to our platform.” 

Podgorski holds 30 years of commercial real estate experience and joins JLL from RED Development, where he served as executive vice president of Capital Markets, sourcing debt and equity. Prior to that, he was the Chief Investment Officer of a private equity firm that focused on multifamily development and investment.  He was also a senior executive and founder of CBRE Realty Finance, a specialty finance company.  Podgorski also spent more than 20 years at Cigna Real Estate Investors, responsible for large loan origination and mezzanine investing.  He earned his degree from Western New England University and is a certified Chartered Financial Analyst.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2013 alone, JLL Capital Markets completed $99 billion in investment sale and debt and equity transactions globally. The firm’s Capital Markets team comprises more than 1,300 specialists, operating all over the globe.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: http://bit.ly/18P2tkv.

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.