JLL - JLL acquires real estate valuation advisory firm Metropolitan Valuation Services

• JLL ( NYSE: JLL ) has acquired Metropolitan Valuation Services or MVS, one of the largest independent commercial property appraisal and real estate consulting firms in the greater New York metropolitan area.
• MVS's core competency extends to multi-housing, CBD and suburban office buildings, industrial/warehouse and shopping/retail properties, land, property transfers and market rent studies and appraisals for HUD section 8 properties.
• "With JLL, we will have the resources to scale faster, broaden our existing practice areas, serve new asset sectors and to continue assisting investors and lenders in the NYC Tri-State area. We will also advise lenders and owners on navigating the valuation impacts that the energy mandates and sustainability regulations will have on commercial properties. This will all lead to a better understanding of the upside to be gained by creating healthy, sustainable buildings while helping New York City achieve its net zero targets." said Steven Schleider, President, MVS.

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