JLL Property Management announced that Lewis Taulbee joined the firm as Managing Director of Asset Resolutions. Taulbee will lead JLL’s receivership team in providing strategic turnaround solutions for distressed assets across the U.S.
“As the commercial real estate industry faces distress across various property types, it’s essential that JLL goes a step beyond as an industry leader to offer our clients A-Z services in this area of need,” said Mark Zettl, President of JLL Property Management. “With a single asset resolution point of contact, JLL will be able to provide a specialized understanding of distressed properties unique needs and timelines.”
Taulbee and his receivership team will focus on providing special servicers, lenders, bond holders, investors and more with a single channel of interdisciplinary asset resolutions.
“Although the commercial real estate industry is facing unprecedented challenges, it is also one of the most exciting times as it calls for a new generation of visionaries and pioneers to reimagine and recreate many great properties. JLL Property Management has the unmatched resources to manage the full process all through one conduit, Asset Resolutions,” said Taulbee.
Taulbee brings over 30 years of industry experience spanning retail, office, industrial and hotel, and he most recently served as JLL’s Director of Business Development for the national retail platform for the past two years. Prior to joining JLL, Taulbee held prominent roles with Starwood Capital, CompassRock Real Estate and Simon Property Group. Throughout his career, he has chaired executive boards, chambers and committees in the United States, Asia and the U.K., and he is currently a standing member of Innovative Commerce Serving Communities (ICSC), Commercial Real Estate Finance Council (CREFC) and Building Owners and Management Associations (BOMA).
JLL’s 4,100 property management experts in the U.S. provide comprehensive real estate services in more than 4,000 buildings totaling over 800 million square feet.
