"Everybody knows the general dislocation taking place in the capital markets world, and we're continuing to examine our business and reposition ourselves to address new things our clients need to operate," Rudy tells GlobeSt.com. "You need to bring a holistic approach to client needs. We've been very diligent over the last couple of years to shape the capital markets business to be responsive to market conditions and to be sure our response is relevant to what clients need out there."
Rudy says Koster has consistently been one of JLL's top producers, and brings two decades of experience, including time as co-head of The Staubach Co.'s capital markets group before it merged with JLL last year. "Jay has an unbelievable track record, and he was the right person to take our capital markets group and propel its market share growth," Rudy says. "These are two important role changes."
JLL's Capital Markets business now reports to Bill Krouch, CEO of it Americas Markets business. Rudy says the firm will focus on organic growth, moving into markets and expanding its businesses in a natural progression as it makes sense. Growing its Capital Markets business recently came as an effort to be equipped to take advantage of the impending recovery.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.