Ulbrich Appointed JLL President

Jones Lang LaSalle Inc. announced it will separate the roles of President and Chief Executive Officer and that Christian Ulbrich, currently CEO for the EMEA region, will become JLL President.

Colin Dyer will retain the role of CEO and oversee LaSalle Investment Management as well as the firm’s finance, human resources, legal and marketing functions. 

Additionally, Guy Grainger, currently UK Chief Executive, will succeed Ulbrich as EMEA CEO and Chris Ireland will become UK Chief Executive. All changes become effective June 1.

Ulbrich, who will report to Dyer, also will be nominated for election to JLL’s Board of Directors at the Annual Shareholders Meeting in May. As President, he will manage JLL’s regional businesses in Asia Pacific, EMEA and the Americas and focus on driving growth through acquisitions. Ulbrich joined JLL in 2005 as Managing Director of JLL Germany and has held the role of EMEA CEO since 2009.

Grainger has been UK Chief Executive since January 2013 and helped develop the firm’s Retail 2020 strategy and international Residential capabilities.

Ireland joined JLL in 2011 as one of the joint managing partners of King Sturge. He took a dual role as JLL’s UK Chairman and Lead Director of UK Capital Markets.

The new assignments, together with the recent appointment of Anthony Couse as Asia Pacific CEO, reflect JLL’s comprehensive succession planning process.

M&T Realty Capital Corp. Appoints Edelman Agency Program Manager

M&T Realty Capital Corp., Baltimore, appointed Michael Edelman Program Manager for its Fannie Mae and Freddie Mac lending platforms. 

Edelman will be responsible for the company’s annual production in these programs nationwide. Edelman has more than 25 years of mortgage banking experience. His most recent appointment was at Meridian Capital Group, where he served as a senior managing director leading the group’s national multifamily origination network.

Prior to Meridian, Edelman served as a senior vice president of production management at Beech Street Capital/Capital One Multifamily with responsibility for more than $2 billion in annual production. He joined Beech Street from Freddie Mac, where he served in areas of increasing responsibilities for fifteen years, ending his tenure there as a regional managing director responsible for annual production of more than $3 billion.

Sower, Price and Collins Join Colliers International

The investment team of Christopher Sower, Jennifer Price and Maggie Collins joined Colliers International, focusing on multifamily investment sales. 

Christopher Sower, Senior Vice President, previously led the multifamily sales team as Managing Director at Boston Realty Advisors for five years. Prior to BRA, he spent five years at Cushman & Wakefield and three years at CBRE. He has closed $5.25 billion in multifamily sales volume representing 35,603 apartment units during his 15-year real estate career.

Assistant Vice President Jen Price worked with Sower at BRA for the past two years and prior to that was an Asset Management Analyst at AEW.

Marketing Associate Maggie Collins joined BRA in 2015 and prior to that spent three years at the Greater Boston Real Estate Board as a senior membership and events coordinator.