Thomas P. Mullaney
Managing Director, Restructuring Services
Tom co-leads JLL's lease and debt restructuring, and bankruptcy advisory services to support retailers across the U.S. His goal is to help clients manage their liabilities aggressively and creatively, and improve their profitability, liquidity and return on real estate assets.
Tom joined JLL as part of the firm's acquisition of HMS, a recognized leader in lease and debt restructuring. The firm restructured nearly $12B in lease and debt liabilities for its clients. Since successfully completing his first company turnaround in 1987, Tom has helped over 100 companies identify balance sheet solutions to cut costs and improve profitability.
Tom brings a cross-functional perspective to business restructuring, with notable strengths in marketing, corporate strategy, real estate, and financial analysis. His broad restructuring experience and his penetrating insights make him a frequent commentator on the economic challenges facing corporate America today, and a valued counselor to many CEO's and CFO's who want to significantly alter the paths of their companies.
Tom started his career with positions at McKinsey & Company and Procter & Gamble. He first gained experience in real estate as CEO of Ivy Medical Group, where he oversaw the acquisition of property and the construction of emergency medical care centers. Tom further developed his real estate expertise as CEO of Chartwell Holdings, where he played a leading role in the acquisition and entitlement of more than 30 residential and commercial land development projects in Northern California. In 1994, he teamed with Steve Huntley and Dave Spargo to create HMS, where he and his partners became a nationally recognized real estate and financial restructuring experts.
Education and Affiliations (Past and Present)
- Harvard, MBA; Princeton, BA
- Board Member and Audit Committee Chairman, El Dorado Bank
- Board Member and Vice Chairman, Music Academy of the West
- Board Member, Urban League of Sacramento
- Vice Chairman, Board of Trustees, Laguna Blanca School