JLL bolsters its multifamily housing team in Los Angeles, hiring Blake Rogers from Walker & Dunlop, real deal Already learned.
Rogers, who oversees multifamily investment sales, will work out of JLL’s Century City office, according to two people familiar with the matter. Neither Rogers nor JLL responded to requests for comment.
The move marks Rogers’ second stint at JLL — he previously worked there after the brokerage acquired HFF in 2019. Rogers then left the firm for Maryland-based brokerage Walker & Dunlop.
He remains listed with Walker & Dunlop, according to the brokerage’s website.
Rogers has been tasked with expanding Walker & Dunlop’s presence on the West Coast, which has been a boon for the agency. Last year, he sold eight fully licensed lots in Santa Monica to Tishman Speyer for nearly $150 million, where the company plans to build 620 apartments.
The past few weeks have seen significant changes to JLL’s operations in Los Angeles. Bill Fishel, the firm’s co-head of capital markets, traveled to Newmarket earlier this month.
Like other commercial asset classes, multifamily investment sales fell last year as interest rates soared.
JLL’s multifamily unit in Los Angeles is already high-profile — last year it brokered the sale of Thea at Metropolis, a 59-story apartment building, for a record $504 million, That’s about $736,000 per apartment.