JLL bolsters U.S. hotel and hospitality capital markets platform
Michele Mahl joins firm as Executive Vice President
NEW YORK, April 17, 2019 – After capturing year-end number one market share in the Northeast, JLL is adding expertise to its hotel and hospitality team.
The firm today announced that Michele Mahl has joined JLL Hotels & Hospitality as Executive Vice President, based in Manhattan. Mahl will report to Americas Co-Head of Hotel Capital Markets Jeffrey Davis and focus on spearheading full-service and resort hotel investment sales.
“Michele’s track record is incredibly impressive, and she has advised on successful executions of some of New York’s most iconic, recognized hotels,” said Davis. “New York is one of the most competitive real estate markets globally and Michele’s experience, deal-making skills and strong relationships in the investment community will deliver best-in-class results for our clients.”
Mahl joins JLL most recently from Newmark Knight Frank’s lodging capital markets group and prior to that, was a tenured member of Eastdil Secured’s hotels team. Throughout the course of her career, Mahl has been involved with more than $65 billion in property sales, debt placements and M&A advisory. Key transactions include the marquee sales of the Waldorf Astoria New York, The London NYC, W Union Square New York and the Washington Hilton.
“JLL offers global connectivity, collaboration across hospitality services and data-driven insights – all of which are critical differentiators in today’s market. I look forward to leveraging all of these resources to achieve our clients’ objectives,” said Mahl.
JLL’s Hotels & Hospitality Group has completed more transactions than any other hotels and hospitality real estate advisor over the last five years, totalling more than $63.2 billion worldwide. The group’s 350-strong global team in over 20 countries also closed more than 5,420 advisory, valuation and asset management assignments. Our hotel valuation, brokerage, asset management and consultancy services have helped more hotel investors, owners and operators achieve high returns on their assets than any other real estate advisor in the world.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com