News release

JLL expands Value and Risk Advisory Multi-housing sector

Key hires added in Dallas, Denver and Phoenix markets 

May 31, 2023

Kristen Murphy

Capital Markets, Hotels & Hospitality and Value & Risk Advisory PR
+1 617 848 1572

CHICAGO, May 31, 2023 – JLL's Value and Risk Advisory group announced today that it has expanded its Multi-housing sector practice with five key hires in the Dallas, Denver and Phoenix markets. The new hires will report to Kai Pan, Executive Managing Director and National Head of the Multi-Housing Property sector. The continued growth demonstrates the strength of the Value and Risk Advisory sector-aligned strategy, which launched in April 2023.

In Dallas, the team has added Director Michael Stavinoha, who began his career at JLL as an Analyst in 2017. After four years in that role, he went on to work at two commercial real estate companies in the Dallas area before returning to JLL this month.

Senior Director Kelly Hyde, MAI, has joined the Denver team to focus on multi-housing valuations in the Rocky Mountain region. She has more than 10 years of experience in the industry in both the Denver and Houston markets.

The Phoenix team, focusing on the growing Southwest region for the group, consists of Senior Director Jason Beakley and Analysts Micah Brittain and Scott O’Connor. Beakley has more than eight years of experience appraising and analyzing commercial real estate and was most recently a Senior Analyst valuing multifamily and manufactured housing properties in the Phoenix metro area.

“We are really excited to welcome Michael, Kelly, Jason, Micah and Scott to the team,” said Pan. “We are starting to see more green shoots in the market and as a result want to ensure we are ready to address our clients’ needs around value and risk in the coming months.”

“Additionally, feedback from our clients has indicated that they value our service more when we specialize,” Pan added. “They expect appraisers to understand their business, have deep insights into the industry and deliver a consistent level of service and product. We’re laser focused on bringing in talented multi-housing specialists to deliver a world-class experience.”

JLL Value and Risk Advisory is the essential guide to the changing face of real estate values and risk.  Our expert value and risk specialists are here to help investors and lenders identify, mitigate and monitor risk, and optimize real estate values across all sectors and geographies.  

2,500 experts in over 35 countries analyze $3 trillion of real estate, delivering actionable risk and value insights, so investors and lenders stay ahead in the market. A global community of sector-based specialists, the team delivers tailored client solutions for your real estate and business asset interests, giving an accurate picture of value and risk across any opportunity. 

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About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit