JLL Names Project Services COO, Berkadia Adds Mortgage Broker, Tishman Speyer Makes Key Hire in Asia

JLL has tapped Jaymie Gelino, who had been an executive in the brokerage’s design solutions division, to be chief operating officer of its project and development services, or PDS, team. In her new role, Gelino will oversee PDS’ efforts to scale its offerings and improve its processes and efficiency. She’s based in Chicago and reports to Todd Burns, JLL’s president of PDS in the Americas. “Jaymie’s leadership will be a critical role as we continue to evolve our operating model and focus on simplification and consistency of our business,” Burns said in a statement.

JLL Project and Development Services designs, develops, constructs and brands commercial real estate projects for large corporations, colleges and universities, healthcare systems and public entities. Gelino, who has been at JLL for nearly 14 years, said she looks forward to using her experience at JLL to fortify the global presence of the project management and development services group.

Berkadia is leaning into the choppy capital markets arena with the addition of Brian Gould as a managing director in its mortgage banking group. He joins Berkadia in its Chevy Chase, Maryland, office as a managing director and reports to senior managing director Patrick McGlohn. Gould, a 22-year industry veteran, previously worked as a managing director at Chatham Financial and as the director of capital markets at JBG Smith. At the real estate investment trust known for working with Amazon on its second headquarters in Northern Virginia, Gould and his team completed more than $1 billion in financing deals.

Non-bank lenders working to fill the void left by the pullback of large institutions from commercial real estate loans should focus on service, Gould said. “As someone who sat in the borrower seat for nearly a decade, I’ve seen the stark contrast in how different lenders service their loans,” he said in an email. “A relationship-oriented bank generally provides much better customer service, both in terms of accommodation and speed. It’s an important aspect that a borrower can’t always quantify in basis points. It will be important for non-bank lenders to solve that piece of the equation, especially if they want to” take part in commercial real estate financing with “more moving pieces, like construction and transitional loans.”

Tishman Speyer, the New York developer that has a large presence in China and India, has hired Jerry Hyunjae Park to help expand in the Asia-Pacific region. The firm said Park will join Tishman Speyer in mid-June and work out of its new office in Seoul, South Korea. In his role as senior director of acquisitions Park, a native of South Korea, will source and execute new investments involving office, retail, industrial, life science and multifamily property. He’ll report to Graham Mackie, who was appointed a year ago to lead Tishman Speyer’s expansion across the region.

For the past five years, Park served as executive director for acquisitions and development at D&D Investment, a subsidiary of SK D&D that Park co-founded and helped expand into a large real estate manager. “Tishman Speyer has identified the Asia-Pacific region as a key driver of its expansion and diversification strategy, and I very much look forward to supporting the growth of its Korean platform across all major property sectors,” Park said in an email.

Kidder Mathews has expanded its Bay Area multifamily investment sales team by recruiting Louis Kwok, Gabriel Sahagun and Ed Vergara from rival Marcus & Millichap. Kwok and Sahagun joined Kidder Mathews’ Pleasanton, California, office, and Vergara now is part of its Silicon Valley office.

Vergara, who worked at Marcus for nearly 15 years and directed hundreds of transactions, joined Kidder Mathews as a first vice president. Kwok, who has about a decade of experience focused on the East Bay and Silicon Valley markets, also is a first vice president at Kidder. Sahagun, who focuses on multifamily and mixed-use properties in San Francisco and the East Bay, is an associate. While he was at Marcus, Sahagun worked with Kwok to lead the team’s mixed-use division.

Veteran broker Chris Bodnar, who last year left CBRE to form his own private equity firm focused on healthcare real estate, has returned to the giant brokerage as leader of its advisory services healthcare group in the United States. Bodnar, who worked at CBRE for 19 years before leaving to launch Prescriptive Capital, will lead the growth of CBRE’s medical real estate advisory business including capital markets and transaction services from Denver.

“The healthcare sector is a critical component of our Advisory Services growth strategy in the U.S.,” Manish Kashyap, global president, Advisory & Transaction Services, said in a statement. “Chris’s deep knowledge and experience in this space furthers our commitment to this sector.”

Bilzin Sumberg has hired Joseph Hernandez, a 30-year commercial property law veteran, as a partner in the firm’s real estate practice. Hernandez will represent developers, owners, investors, private equity firms, financial institutions, condo associations and other clients in their commercial and residential transactions in Florida and across the nation and in Latin America and the Caribbean. His arrival marks the firm’s second major hire in three months, having added Michael Hanzman when he began practicing law again in April. Hanzman gained attention when he served as the Florida Circuit Court judge who oversaw the litigation centered on the collapse of the Champlain Towers South in Surfside, Florida, that resulted in the deaths of nearly 100 people.

Hernandez has been involved in numerous high-profile transactions, including one in which he represented of the city of Miami in negotiating a development agreement and lease for land the city owned along the Miami River. “Joe brings with him in-depth knowledge of the industries that are driving Florida real estate, from condo redevelopment and commercial finance, to affordable housing and hospitality,” Bilzin Sumberg real estate practice group Chair Suzanne Amaducci said in a statement.

CBRE has picked Andrew Coleman, a veteran of the brokerage’s office leasing efforts in Cleveland, to lead that market and its Akron, Ohio, business. In his new role Coleman will oversee operations and growth of the CBRE’s advisory services business, including leasing sales, valuation and property management in the two cities. He also was promoted to managing director.

Coleman, who has two decades of industry experience, rejoined CBRE in 2018 after working for nearly 12 years at rival JLL. He started his real estate career in 2004 at CBRE after spending about a year at law firm Jones Day. In a LinkedIn post, he said he’s humbled to take over as market leader in the two cities and thanked CBRE broker David Browning for helping him break into the industry. “As my 6-year-old son would say, “#LETSGO!” Coleman said in the post.