News release

JLL adds Valuation Advisory capabilities in Iowa In Response to Market Demand

JLL appoints Eric Caldwell to lead new Valuation Advisory business line in Des Moines.

May 27, 2020

DES MOINES, Iowa, May 27, 2020 — As part of the JLL Valuation Advisory platform’s continued growth, the firm announced it has selected JLL Senior Vice President Eric Caldwell to lead their Valuation Advisory business line in Des Moines.

Caldwell is a Designated Member of the Appraisal Institute (MAI) and comes to Des Moines after nearly eight years in JLL’s St. Louis office. In his new position, Caldwell is responsible for leading appraisal and consulting services as well as client communications, appraisal review and business development for the Iowa market.

JLL’s addition of Valuation Advisory capabilities to its Des Moines office follows a sustained increase in market activity in central Iowa over the past several years, and underscores the business’s continued commitment to serving clients’ needs no matter where they are. Caldwell noted that he is eager to grow the Valuation Advisory platform in a market that has shown a need for appraisal expertise.

“There is tremendous opportunity in this market, and I look forward to expanding JLL’s client base and offerings while delivering industry-leading valuation services to all clients throughout the region,” said Caldwell. “Additionally, I am excited to relocate back to my home state and build a valuation team for JLL in Des Moines.”

JLL’s Managing Director in the Des Moines office, Marcus R. Pitts, added: “I’m pleased to expand the local team with both an outstanding leader and a new business line. Eric has appraised some of the highest-profile developments in St. Louis and his expertise will be invaluable as we continue to provide more services to our clients in Des Moines.”

Caldwell holds a Bachelor of Arts degree in Real Estate and Finance from the University of Northern Iowa.

JLL’s Valuation Advisory platform leverages the firm’s global experience and deep knowledge of local real estate markets to provide industry-leading valuation, market analytics and advisory services to a wide range of clients. We offer the highest quality market insights and property valuations to help our clients make optimal business decisions and manage risk. JLL Valuation Advisory is comprised of over 1,850 valuation experts and 175 offices globally. For more news, videos and research resources on JLL, please visit the firm’s U.S. newsroom.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion, operations in over 80 countries and a global workforce of more than 94,000 as of March 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit