JLL boosts Valuation Advisory hospitality practice with key hire
Brian Testorf, based in the firm’s Boston office, will join the growing platform as a Vice President
BOSTON, Dec. 13, 2021 – JLL announced today that Brian Testorf has joined the firm as a Vice President in the Valuation Advisory group’s Hotels & Hospitality practice. Testorf will report directly to Managing Director Charlotte Kang, who is the national Hotels & Hospitality practice lead for JLL Valuation Advisory.
In this newly created role, Testorf will work alongside Kang to provide clients hotel valuations, appraisals, market and impact studies, market feasibility advisory, buy-side due diligence, and portfolio valuation and consulting services.
“We are thrilled to welcome Brian to the hotel valuation and advisory team,” Kang said. “As we expand strategically across the country, Brian’s focus as a hotel specialist fits in very nicely with the skillset and experience our clients have come to expect and trust from our group. As we continue to pursue our ambitious goals, Brian will be a great resource in strengthening the platform’s presence in the New England region.”
Testorf comes to JLL from LW Hospitality Advisors, a boutique hotels & hospitality valuation and asset management firm where he was a Senior Associate focused on appraisals and feasibility studies of more than 150 hotels across the U.S. He began his career on the operations side of the hospitality sector, most recently at the Westin Copley Place Boston, which is part of the Marriott Hotels brand. Testorf has a Bachelor of Science degree from Bryant University and certificates from Cornell University and Florida Atlantic University in Hotel Real Estate Investments and Asset Management, and Hospitality and Tourism Management. Additionally, Testorf is a licensed Certified General Real Estate Appraiser in various states.
“I am extremely excited for the opportunity to join the growing Hotels & Hospitality practice within JLL Valuation Advisory,” Testorf stated. “With JLL’s extensive range of services, research and connections across the industry, I look forward to creating relationships and providing best-in-class service to our clients in New England and nationwide.”
“Our growth strategy includes bringing in top talent to best leverage JLL’s market leading platform technology and database. Brian is a rising star within the hotels sector and will be a key part of our mission to enable our clients to make the fastest, best informed decisions related to their real estate interests,” Zach Bowyer, Head of Alternative Real Estates Sectors for JLL Valuation Advisory added.
JLL Valuation Advisory is the essential guide to the changing face of real estate values and risk. We bring together unrivalled human intelligence and experience, with continuous, data-driven insights to uncover a panoramic view of Value and Risk across sectors and geographies.
JLL’s 2,000 qualified valuation professionals are connected across more than 50 countries, sharing insights and real-time data to deliver tailored client solutions and advice for its clients’ real estate and business asset interests. The team is globally connected but also maintains sector-based expertise and deep local knowledge in every market.
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U.S. property valuation and tax consulting services are performed by JLL Valuation & Advisory Services, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle Incorporated.
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 $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 95,000 as of September 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.