JLL names Sam Schaefer as CEO of Property Management
Rhea-AI Summary
JLL (NYSE:JLL) has appointed Sam Schaefer as CEO of Property Management in a newly created position. Schaefer, who will be based in Boston, joins JLL's Real Estate Management Services Board and will report to Neil Murray, Global CEO of Real Estate Management Services.
In his role, Schaefer will oversee global Property Management services, leading JLL's reshaped business to enhance client value delivery, increase operational efficiencies, and drive growth opportunities. He joins JLL from Trammell Crow Company, where he served as Principal, and brings experience from previous leadership roles at Hobbs Brook Real Estate and Tishman Speyer.
Positive
- Appointment of experienced leader with proven track record in building high-performing teams
- Strategic move to unify and globalize property management operations
- Focus on leveraging technology and integrated multi-service offerings to enhance competitiveness
Negative
- None.
News Market Reaction – JLL
On the day this news was published, JLL declined 0.37%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Schaefer now leads reshaped business, combining global connectivity with local expertise to drive operational excellence
In this newly created role, Schaefer oversees the full spectrum of Property Management services globally. He will lead JLL's reshaped Property Management business to adapt to the dynamic needs of the market and seamlessly deliver superior value to clients, while also enabling the team to increase efficiencies, foster talent development and unlock growth opportunities for the business.
"JLL's strong Property Management business is a testament to the work of our teams across the world to support our clients globally with local expertise," says Murray. "Sam is a proven leader, with experience in building high-performing teams. Under his leadership, our global experts will deliver unparalleled client value to meet all of their diverse needs in a rapidly changing world."
Schaefer joins JLL from Trammell Crow Company, where he served as Principal. Prior to Trammell Crow Company, Schaefer was the President & CEO at Hobbs Brook Real Estate and Managing Director and Global Head of Leasing, Corporate Outreach and Property Management at Tishman Speyer.
"I look forward to leading JLL's Property Management team into the future and positioning the business for continued growth," says Schaefer. "As a unified global team, we will deliver best-in-class operating expertise across the world by leveraging JLL's innovative technology stack, integrated multi-service offerings and local knowledge to be the most competitive in the segments and markets in which we operate."
Outside of JLL, Schaefer is active in his community as an avid non-profit volunteer and athlete.
For more news, videos and research resources, please visit JLL's newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of
Contact: Allison Heraty
Phone: + 1 312 228 3128
Email: allison.heraty@jll.com
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SOURCE JLL
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