A debt and equity origination group led by industry leader Randy Fleisher has been acquired by Jones Lang LaSalle. Fleisher and his team of five from Dallas-based Quadrant Realty Finance are now part of JLL’s capital markets group.
The timing was right to add new talent, said Jay Koster, president of Jones Lang LaSalle Capital Markets.
“Interest rates remain at near-historic lows and the wider net currently being cast by lenders is contributing to one of the most favorable financing environments commercial real estate has seen since the Great Recession,” he said. “Randy and his colleagues have a proven track record that will make an immediate impact for our clients.”
Fleisher has more than two decades of commercial real estate experience, including the origination, structuring, placement and closing of debt and equity investments. He’ll serve as managing director at JLL, leading the new finance team and partnering with executive managing directors Tom Fish, Tom Melody, and Mike Melody.
Over the last year, Jones Lang LaSalle’s capital markets group has closed more than 220 loans, totaling more than $7.6 billion in financings nationwide. When Quadrant began exploring the sale of its firm, a number of suitors came calling, Fleisher said, but JLL stood out.
“Joining this highly respected firm, with its combined JLL and Staubach legacy in the Dallas market, will allow us to increase the number of arrows in our quiver exponentially,” he said.
Before launching Quadrant Realty Finance, Fleisher was managing director and executive vice president at CBRE. He began his career as an attorney at a law firm in his native Canada, practicing real estate and commercial law.
Also joining JLL from Quadrant are Curtis Jaggars and Jason Piering, executive vice presidents, and Adam Mengacci, Sarah Burt, and Will Mogk.