Kai Pan, MAI, CRE

Kai Pan, MAI, CRE

Executive Managing Director

Current responsibilities:

Kai Pan, MAI serves as Executive Managing Director and National Multi-Housing Valuation Lead for JLL Value and Risk Advisory in the United States. Mr. Pan specializes in the valuation of multi-housing assets, including conventional and small balance multifamily, affordable housing, workforce housing, active adult, student housing & condominium developments, and is responsible for platform-wide adoption of best practices and quality assurance. The JLL Multi-Housing Sector provides excellence in client service throughout engagement and ensures timely delivery of high-quality valuation reports that elevate client confidence in execution. Mr. Pan’s commercial real estate valuation experience spans over 15 years and is a consistent top producer and has received the JLL Top Gun awards in 2017, 2018, and 2022.


Prior to joining JLL in late 2016, Mr. Pan served as Director at Integra Realty Resources (IRR) in Houston and was a member of the Integra Realty Resources Seniors Housing, Healthcare and Hospitality specialty practices. Mr. Pan’s experience spans a variety of property types and multiple specialties on a national basis with the following emphasis:

  • Performed and managed thousands of multi-housing valuation assignments for agency lenders and institutional owners
  • Performed and managed portfolio valuations of investment-grade assets for institutional and international clients
  • Consulting expert for complex litigation matters involving property tax, construction defect, and eminent domain


  • The University of Texas at Austin, Bachelor of Business Administration: Finance


  • Appraisal Institute: Designated Member (MAI)
  • Member of Counselors of Real Estate (CRE)
  • Successfully completed the Requirements of UASFLA – The “Yellow Book” course

Certified General Real Estate Appraiser in the following States:

  • Alabama
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Florida
  • Georgia
  • Iowa
  • Louisiana
  • Maryland
  • Massachusetts
  • Minnesota
  • Mississippi
  • Nevada
  • New Mexico
  • New York
  • North Carolina
  • Oklahoma
  • Oregon
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Washington