Realize your portfolio value and mitigate asset risk
When it comes to your portfolio - our value and risk experts give you peace of mind by leveraging intelligence to help you mitigate risk to enhance future asset values.
A global leader in value and risk advisory
$3.6Tn
in valued real estate globally
2400+
value and risk experts worldwide
35
operating markets
Our five step process
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1.Value asset or portfolio
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2.Identify market and ESG risk
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3.Evaluate risk and define strategy
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4.Implement and mitigate
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5.Monitor risk and opportunity
1.Value asset or portfolio
Expert value and risk advisors: global network of 2,400+ specialists in all sectors and industries
Our network of 2,400 value and risk advisory specialists in 35+ countries values assets across all sectors for a range of outcomes including financial reporting, transaction support, insurance, secured lending, building consulting, and tax reporting.
2.Identify market and ESG risk
Risk scores and risk assessments
Analyze risk metrics by employing valuation or automated valuation models (AVMs) based on factors such as cash flow stability, climate change, location, regulatory risk, and health and safety. This analysis is conducted through interactive mapping and reporting.
Automated valuation modelling (AVM)
Rapidly generate a property's capital value using JLL's artificial intelligence data. A price indicator is calculated at a specific point in time through the analysis of comparable transactions, existing valuation data, historical price movements, and property attributes.
3.Evaluate risk and define strategy
Portfolio risk analytics
Artificial intelligence and machine learning technologies can accurately pinpoint when an asset impacts profitability. Data brings a new level of intelligence and decision-making so you can identify and measure risks from cash flow stability, climate change, location, regulatory and health and safety risk.
Climate and sustainability risk analytics
Understand how to reduce the carbon footprint of your portfolio, how to decarbonise assets through net zero and renewable energy solutions and manage ESG transition risks to sustain and create future value in your portfolio.
4.Implement and mitigate
Evolve your portfolio with JLL's global real estate solutions
JLL helps clients buy, value, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. From property management, sustainability, project and development to research, valuations and strategic consulting we deliver end-to-end real estate solutions.
5.Monitor risk and opportunity
Valorem
Manage your portfolio risk using our global value and risk data platform, Valorem. Access all valuation data in a single platform and generate on-demand insights, monitor asset and portfolio performance, quantify the risk impact on asset values and enhance your risk mitigation strategy.
Our services
Related resources
AI + human valuation: A powerful team of real data and insights
Technology is transforming how we manage risk and values with owners and investors leveraging automated valuation models (AVMs) to analyse portfolio valuation data.
Risk analysis uncovers how new fundamentals impact asset values
Valuation professionals are analysing different characteristics to quantify how risk impacts a property’s value for better insight into portfolio risk exposure.
Value in a time of climate risk: How owners can adapt
Real estate owners and lenders are waking up to how climate change can impact asset performance, and many have identified climate risk as a critical concern.
Your Value and Risk specialists
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Michael Ellis
CEO, U.S. Value and Risk Advisory
Mike leads the U.S. Value and Risk Advisory business driving teamwork and a collaborative mindset across businesses.
Experience
In his most recent role at JLL, he held the title of Regional Market Director in the East. Prior to that, he was the Mid-Atlantic Market Director, responsible for the overall integrated service delivery of markets in the region. His experience includes leading the Agency Leasing business in Washington, D.C., while also heading up the National Agency Brokerage business in the Americas. Mike was responsible for growing and developing leasing and management, while maintaining a strong transaction practice. He was an instrumental part of both the Spaulding & Slye and Staubach Company integrations. In the early 2000s, he and his team in the DC region completed leasing transactions over $1.6 billion, covering a portfolio of over 33 million square feet. In 2005, Mike — on behalf of a joint venture with The JBG Companies, CIM and Trizec — successfully led the lease negotiations of the Corporate Executive Board at Waterview with a total value of over $586 million, the largest lease ever in the DC metropolitan area. Mike was a Senior Vice President and Partner for Larson, Ball & Gould, Inc. for 10 years. He joined Jones Lang Wooten in 1997 and came to JLL in 1999 when the two companies merged.
Education and affiliations
Mike has a Bachelor of Science in Business Administration and Information Systems from Marquette University in Milwaukee, Wisconsin. He is currently working to become a Certified Commercial Investment Member (CCIM) and is also a life-time member of the Greater Washington Commercial Association of Realtors (GWCAR) where he has been named one of the top 10 regional producers. He’s a member of the Greater Washington Board of Trade, as well as a board member for Junior Achievement of Greater Washington. He’s licensed in the District of Columbia, Maryland and Virginia.
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Tony Lenamon, MAI
Head of Client Engagement
Current responsibilities
Tony Lenamon serves as the Head of Client Engagement of America’s Value and Risk Advisory business. In this role, he leads the sector-based team driving culture, growth and technology to provide clients with exceptional resources and a best-in-class experience.
With Tony’s leadership, the Americas team conducts thousands of assignments across the United States, as well as Canada and Central/South America. Delivering a sector-led approach, the team has dedicated advisors in all commercial and residential property types, including office, industrial, retail, seniors, hotels, tax appeal, litigation, infrastructure, environmental and property condition, and complex mixed-use developments.
Experience
Prior to joining JLL, Tony spent 18 years with CBRE, where he served as Executive Vice President and National Multi-housing Practice Leader for their valuation and advisory group. He entered the real estate industry in the 1980s and spent nearly a decade with Deloitte & Touche Consulting as a Senior Manager and regional leader for their North Texas real estate consulting group. The JLL Multi-housing Value and risk advisory team conducts assignments throughout the United States across a broad spectrum of property types, including conventional apartments, HUD and affordable projects, student housing, Freddie and Fannie agency debt, and complex mixed-use developments.
Education
University of Texas at Arlington, Bachelor’s Degree – Real Estate
Affiliations
- Appraisal Institute, Board Member, 2016-2019
- Urban Land Institute (ULI), member
- The Real Estate Council, member
- National Council of Real Estate Investment Fiduciaries (NCREIF), member Mortgage Bankers Association.
- Member, MBA’s Mortgage Industry Standards Maintenance Organization (MISMO) committee.
Certified General Real Estate Appraiser in the following States:
- Georgia
- Indiana
- Louisiana
- North Carolina
- Oklahoma
- Oregon
- Tennessee
- Texas
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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.
Experience:
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
Education:
- The University of Texas at Austin, Bachelor of Business Administration: Finance
Affiliations:
- 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
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Katie Parsons, MAI
Executive Managing Director
Current responsibilities
Katie Parsons serves as an Executive Managing Director and National Industrial Sector Lead for JLL Value and Risk Advisory in the United States. In this role, she is responsible for driving growth, enhancing the customer experience and providing value to clients. Ms. Parsons is also responsible for culture and thought leadership across the national team, while acting as liaison for the technology associated with the Industrial valuation platform.
Experience
Prior to joining JLL, Ms. Parsons spent 14 years with Cushman & Wakefield, where she served as Executive Director and Co-Lead of the Industrial Practice Group for their valuation and advisory group. The JLL Industrial Sector for Valuation Advisory conducts assignments throughout the United States across a broad spectrum of property types, including warehouse/distribution centers, manufacturing, cold storage, food/beverage processing facilities, truck terminals, R&D facilities, industrial yards, business parks and airport-related facilities.
Education
- Seattle Pacific University, Bachelor’s Degree – English
Affiliations
- Member, Appraisal Institute
- NAIOP, member
- CREW, member
Certified General Real Estate Appraiser in the following States:
- Arizona
- California
- Colorado
- Georgia
- Louisiana
- Nevada
- New Jersey
- North Carolina
- Oregon
- South Carolina
- Texas
- Utah
- Washington
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Tyrone Hodge
Global Head of Risk Advisory
With a passion for Property and Technology that spans a 30 year career Tyrone embraces change and disruption to create better solutions for clients. Tyrone has lead the charge in the property sector for many years having driven the disruption of real estate advertising and adoption of the Internet in the mid 90’s; leading a team focused on consumer and data analytics; founding a technology incubator and most recently playing a senior role in a team focused on valuation transformation and technology at JLL.
As the Global Head of Risk Advisory, Tyrone is responsible for developing technology-led solutions that enable investors and lenders to seamlessly manage valuations and mitigate climate and market risk in real estate.
Tyrone is a member of the Australian Institute of Company Directors, Member of the Royal Institution of Chartered Surveyors and Fellow of the Australian Property Institute. Academic achievements include property qualifications, an MBA, Master of Property Development and Diploma in Interactive and Data Driven Marketing.
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Brett M. Suszek, MAI, AI-GRS
Senior Managing Director
Current responsibilities
Brett Suszek serves as a Senior Managing Director with JLL Value and Risk Advisory. Mr. Suszek is the U.S. Retail Lead.
Mr. Suszek leads the retail valuations practice for the United States, to include all retail property types such as shopping centers, power centers, superregional shopping malls, single-tenant stores, and others. Mr. Suszek manages the appraisal process nationally, to include portfolios and single-asset valuations. He oversees all retail teams across the country. He has experience with other commercial property types, including industrial, office, land, multifamily, and special use properties such as data centers, movie theatres, golf courses, self-storage, marinas, and others. He has also served as an expert witness in multiple states. Properties appraised range in value up to over $500 million.
Clients served include law firms, private property owners, financial institutions, REITs, pension funds, CMBS servicers, and other users. Assignments have been completed for a variety of uses, including financing, purchase price allocation, ad valorem tax appeal, litigation support, asset valuation, estate tax planning, and purchase price negotiation.
Experience
Previously, Mr. Suszek was a Director at BBG, Inc., holding managerial responsibilities in both the Detroit and Chicago offices. Mr. Suszek began at BBG in 2014 in the Detroit office, then developed and managed the Chicago office beginning in 2016.
Prior to joining BBG, Mr. Suszek was a commercial review appraiser at Flagstar Bank in Troy, Michigan where he performed reviews of commercial appraisals.
Prior to Flagstar Bank, Mr. Suszek was an Analyst at Stout in Southfield, Michigan.
Education
- Bachelor’s Degree in Finance from Oakland University
Affiliations
- MAI designated member
- AI-GRS designated member
Certified General Real Estate Appraiser in the following States:
- California
- Georgia
- Illinois
- Indiana
- Michigan
- Minnesota
- New York
- Ohio
- Pennsylvania
- Wisconsin
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Adam Dembowitz, MAI
Senior Managing Director, U.S. Office Lead
Current responsibilities
Adam Dembowitz serves as Senior Managing Director and U.S. Office Lead for JLL Value and Risk Advisory in the United States. In this role, he is responsible for growing and managing the national office team and platform and helping elevate both the customer and employee experience.
Experience
Prior to joining JLL, Mr. Dembowitz spent seven years with Cushman & Wakefield helping build and lead the litigation consulting practice in Southern California, then managing both the Colorado team and the broader team throughout the Western U.S. His experience includes valuation and consulting, client care, team building, mentoring, management, and business development. He specializes in helping clients resolve complex real estate issues through mediation, arbitration, and litigation. Mr. Dembowitz is a qualified expert witness in Los Angeles County Superior Court.
His prior experience also includes five years at Integra Realty Resources – Los Angeles. Mr. Dembowitz has been a real estate professional—in valuation, consulting, sales and leasing, construction administration, development, and property management—since 2003. His experience includes all commercial property types, vacant land, residential properties, and special purpose properties. Mr. Dembowitz has completed projects throughout the United States, with extensive experience in Southern California as well as the Denver, Chicago, and Philadelphia metropolitan areas.
Education
- The University of Chicago, B.A. – Political Science, with Honors
Affiliations
- Designated Member, Appraisal Institute
- Member, Colorado Chapter of the Appraisal Institute
- Member, International Right of Way Association (IRWA)
- Member, National Council of Real Estate Investment Fiduciaries (NCREIF)
- Actively involved volunteer in the Boulder, CO community:
- South Boulder Little League coach
- HOA president
- Mackintosh Academy Board of Trustees
Certified General Real Estate Appraiser in the following States:
- California
- Colorado
- Utah
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David Dominy, MAI, CRE, FRICS
Executive Managing Director, U.S. Infrastructure Lead
Current responsibilities:
David Dominy serves as the Executive Managing Director of JLL Houston’s Value and Risk Advisory business and leads the National Infrastructure Team. In this role, Mr. Dominy is responsible for guiding the overall performance of the Houston practice. Additionally, Mr. Dominy works with the Infrastructure Team to value properties related to Pipelines, Powerlines, Airports, Ports, Solar and Wind Farms, Hydrocarbon and Gas Cavern Storage Facilities and providing Cost Segregation Services.
Experience:
Prior to joining JLL in late 2016, Mr. Dominy served as Senior Managing Director at Integra Realty Resources (IRR) in Houston.
Mr. Dominy has successfully completed numerous real estate related courses and seminars sponsored by the Appraisal Institute, accredited universities and other institutions.
He is currently certified by the Appraisal Institute's voluntary program of continuing education for its designated members and has been a guest lecturer at Rice University, CLE International, the Harris County Eminent Domain Seminar, the Harris County Appraisal District and the Texas Association of Assessment Officers.
Education:
- Bachelor of Business Administration | Baylor University
Affiliations:
- Appraisal Institute (MAI), Member and Former President - Houston Chapter
- Counselor of Real Estate (CRE), Former Chairman – Houston Chapter
- Royal Institute of Chartered Surveyors, Fellow (FRICS)
- International Right of Way Association (IRWA), Member
- City Council Member, Spring Valley, Texas
- Yellowstone Academy, Board Chair
- On Track Ministries, Board Member
- C Club Houston, Former President
- Houston Realty Business Coalition, Former President
- Baylor College of Medicine, Board Member
- Baylor University Hankamer School of Business, Past Advisory Board Member
- South Trust Bank, Board Member
Certified General Real Estate Appraiser:
- Alabama
- Arizona
- Arkansas
- California
- Colorado
- Georgia
- Illinois
- Kansas
- Louisiana
- Maryland
- Massachusetts
- Mississippi
- New Jersey
- New Mexico
- New York
- North Dakota
- Ohio
- Oklahoma
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
- Washington
- Wisconsin
- Wyoming
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Bryan J. Lockard, MRICS
Executive Managing Director, U.S Healthcare & Alternative Real Estate Lead
Current Responsibilities
Bryan J. Lockard serves as an Executive Managing Director in JLL’s Value and Risk Advisory Services, specializing in the national seniors housing and healthcare sectors. As National Practice Leader, Bryan also helps support a team of over 30 professionals with offices in 10 U.S. metro markets. Mr. Lockard has experience in valuation, market studies, and feasibility analyses of single-asset to large portfolio transactions throughout the United States. Clients served include a broad base of local and national investment firms, property owners, development and operating companies, commercial and investment banks, insurance companies and REITs.
Experience
Prior to joining JLL, Mr. Lockard was with CBRE in the Seniors Housing and Healthcare Group where he was a practice leader for the central US and focused on continuing care retirement communities nationally. Bryan began his career in commercial real estate as an Associate at HealthTrust in the Sarasota, Florida and Boston, Massachusetts offices. Bryan graduated from the University of Florida with a major in Finance and a minor
in Leadership.Education
- University of Florida, B.S.
- Major: Business Administration - Finance
- Minor: Leadership
Affiliations
- Member of American Seniors Housing Association (ASHA) Young Leaders
- Appraisal Institute
- Multiple Advanced Level Courses
Clients Represented
- AIG
- Altitude Healthcare
- Bank Leumi
- BBVA Compass
- BOK Financial
- Bremer Bank
- Brookdale
- Capital One
- CBRE Capital Markets
- CNL Healthcare REIT
- Fannie Mae
- Freddie Mac
- Harrison Street
- Kayne Anderson
- KeyBank
- Lumet
- M&T Bank
- Newmark Knight Frank
- Omega Healthcare Investors
- PGIM Investors
- PNC Bank
- ReNew REIT
- Strawberry Fields REIT
- SunTrust
- Wells Fargo
Certified General Real Estate Appraiser:
- Alabama
- Connecticut
- Florida
- Georgia
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Missouri
- Nebraska
- New Hampshire
- New Jersey
- New York
- Ohio
- Pennsylvania
- Rhode Island
- South Carolina
- Tennessee
- Texas
- Virginia
- Washington
- Wisconsin
- University of Florida, B.S.
Talk to our team about your portfolio today
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