JLL grows Midwest multifamily services with hire of investment sales pro
Matt McCune brings more than 10 years of multifamily investment experience to JLL
Columbus, Ohio, July 9, 2018 – JLL today announced the hire of Matt McCune as Senior Vice President. McCune will advise clients on the sales of multifamily assets with an initial focus on Central Ohio. McCune joins a multidisciplinary JLL Multifamily platform, which includes more than 200 professionals across the county. He will be located in Columbus, Ohio office, and work closely with the firm’s Chicago and Minneapolis offices.
McCune joins JLL from Cadence Real Estate Investment Group, a privately-owned investment sales company founded and owned by McCune. While at Cadence, he focused on off-market multifamily transactions in Central Ohio. McCune brings more than 10 years of experience in multifamily investment sales across the state of Ohio. Prior to forming Cadence, McCune worked with Marcus & Millichap and Crawford Hoying Real Estate Services.
McCune will report to Managing Director Keith Largay and partner with JLL’s Senior Vice President Paul Smith. Smith focuses on the financing of multifamily properties, with a focus on Fannie Mae, Freddie Mac and FHA programs. McCune and Smith will work in tandem to bring JLL’s industry leading capital placement and investment sales platforms to the Ohio market.
“Matt has an excellent track record and deep relationships within the Columbus real estate community,” said Largay. “I’m thrilled to work with him going forward, as we look to work together to bring JLL’s institutional quality capital markets and investment sales platform to Ohio. The full suite of multifamily services is a differentiator in the region.”
“I’m thrilled to not only work with a close friend, but to be able to provide consultation to owners of multifamily in the Ohio markets,” said McCune. “By the same token, I’m eager to leverage the vast platform that JLL has to offer, including its access to regional, national and global capital for our clients. This access to capital combined with the full-service advisory of Paul and I creates unprecedented value to our clients and the region.”
McCune’s recruitment comes on the heels of a recent closing whereby McCune and Smith worked together. McCune recently facilitated the sale of a Class A Multifamily property located in the Columbus metropolitan area. The property was originally built by the Pizzuti Companies, and was purchased by a private owner. Smith arranged for a $10.5 million Fannie Mae Loan to fund the purchase.
“The sale and financing of this property is just one example of the type of execution JLL can bring to the Columbus market,” said McCune. “Paul and I view this transaction as a launching pad to our future success.”
In addition to working closely with the Multifamily team, McCune will work alongside JLL’s Columbus office and industrial teams, led by Managing Director Dan Wendorf. JLL’s Columbus team currently includes office and industrial experts, as well as multifamily, healthcare and more.
“We’re excited to welcome Matt to our team and continue building upon our multifamily service offerings,” said Wendorf. “Matt’s experience and familiarity in the Central Ohio market is a huge asset to our team and the region as the multifamily sector continues its momentum.”
JLL delivers multifamily investors a full range of solutions through one diverse, integrated platform. The division employs over 200 professionals who provide comprehensive investment sales and disposition services with access to thousands of domestic and foreign investors. JLL is also one of the nation’s largest affordable and conventional multifamily and seniors housing lenders with comprehensive loan underwriting, asset management and loan servicing capabilities.
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 nearly 300 corporate offices, operations in over 80 countries and a global workforce of 83,500 as of March 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit ir.jll.com.