JLL appoints Sam Schaefer as property management CEO

JLL (NYSE: JLL) appointed Sam Schaefer as CEO of Property Management, the commercial real estate company announced. Schaefer will join JLL's Real Estate Management Services Board and lead the globalization of the firm's property management business from Boston.

The newly created role places Schaefer in charge of the full spectrum of property management services globally. He will report to Neil Murray, Global CEO of Real Estate Management Services at JLL.

Schaefer joins JLL from Trammell Crow Company, where he served as Principal. His previous experience includes serving as President and CEO at Hobbs Brook Real Estate and Managing Director and Global Head of Leasing, Corporate Outreach and Property Management at Tishman Speyer.

"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," Murray said. "Sam is a proven leader, with experience in building high-performing teams."

The appointment comes as part of JLL's reshaped property management business structure aimed at adapting to market dynamics and delivering client value while increasing operational efficiencies.

"I look forward to leading JLL's Property Management team into the future and positioning the business for continued growth," Schaefer said. "As a unified global team, we will deliver best-in-class operating expertise across the world."

JLL operates in over 80 countries with more than 112,000 employees and reported annual revenue of $23.4 billion. The company provides commercial real estate and investment management services across various property types including commercial, industrial, hotel, residential and retail properties.

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