Dustin Stolly, who has lined up hotel and office building financings in New York City and Miami, is leaving JLL after nearly a decade at the firm.
Stolly , a managing director in JLL’s real estate investment banking practice, has originated over $25 billion in deals during his career, Commercial Observer reported. Before JLL, he worked at UBS and Eurohypo.
Stolly plans to open his own brokerage, sources told the publication.
The broker frequently handled financings on behalf of developers Starwood Capital Group and Madison Equities. One of his largest was Starwood’s $500 million loan to refinance an 85-hotel portfolio across the U.S. In February, he and colleague Brett Rosenberg brokered a $60 million refinancing loan from Allegiant Real Estate Capital for a Walter & Samuels-owned Upper West Side building.
Former Cushman & Wakefield executive Michael Rotchford joined Savills Studley in February to co-run the investment sales division and specialize in the brokering of mortgage deals. [CO] — E.B. Solomont