DALLAS – JLL has acquired the Dallas affiliate of Integra Realty Resources, strengthening its capabilities in commercial real estate valuation, counseling, and advisory services.
This acquisition enhances JLL’s Valuation & Advisory Services in the United States and builds on the firm’s recent expansion following its purchase of the Houston affiliate of Integra Realty Resources.
“Adding the Dallas affiliate of IRR extends JLL’s global valuation and advisory capabilities with important expertise and greater capacity across the country,” said John Gates, CEO, Markets, JLL Americas. “IRR – Dallas brings a strong track record in capital markets valuations, eminent domain work, and in the seniors housing and healthcare sectors.”
The transaction also brings property tax advisory services into JLL, incorporating the team formerly known as Equus Property Tax Services.
JLL’s Valuation & Advisory Services business in the United States is led by Michael Welch, who played a key role in growing the IRR – Houston business and previously served as IRR’s chairman and chief executive officer. “Since joining JLL from IRR – Houston in October, I have witnessed firsthand the productive collaboration between JLL and IRR professionals, all focused on delivering superior client service and national valuation expertise,” Welch said. “IRR – Dallas’ established relationships with capital markets lenders—including banks, insurance companies, mortgage servicers, and funds—will meaningfully expand the high-quality service offerings clients expect from JLL.”
Dec. 5, 2016 Realty News Report Copyright 2016