More JLL brokers depart as HFF teams move in

Mo Beler joined JLL in 2017 to right the ship after top sales team departed

New York /
Sep.September 05, 2019 08:45 AM
Mo Beler and Anthony Ledesma (Credit: LinkedIn)

Mo Beler and Anthony Ledesma (Credit: LinkedIn)

More of JLL’s legacy investment-sales brokers are out amid a struggle for power after the company acquired HFF earlier this summer for $2 billion.

Mo Beler, who for the past two years served as head of JLL’s i-sales division in New York City, and Anthony Ledesma, both recently left JLL.

Beler left to “pursue another opportunity,” he wrote in an email sent out to associates Wednesday evening. Ledesma landed at Hodges Ward Elliott, the company announced on Tuesday.

Beler previously worked at the private real estate investment firm Rockwood Capital and at the Innovo Group before joining JLL in 2017 to lead its capital markets group, which was lagging after the company’s top sales team of Richard Baxter, Yoron Cohen and Scott Latham left for Colliers International the year earlier.

He managed a team that included Ledesma, Glenn Tolchin and Yoav Oeslner.

Beler and Ledesma are the latest departures from JLL as the brokerage teams at HFF stake their claims in the firm.

After JLL finalized its purchase of HFF in July, there was overlap with brokers who would once compete against each other for the same business. The HFF sales team led by Andrew Scandalios and the debt-brokerage team helmed by Michael Gigliotti appears to have muscled out JLL’s top producers.

A representative for JLL did not respond to a request for comment.

Last month Aaron Appel, the former head of JLL’s debt arm, left with team members Keith Kurland, Jonathan Schwartz and Adam Schwartz to launch their own firm. In April, Oelsner left the firm.


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
91 Sergio Franchi Drive and Sergio Franchi (Sotheby's, Getty)
Sergio Franchi’s 200-acre Connecticut estate lists for $12.6M
Sergio Franchi’s 200-acre Connecticut estate lists for $12.6M
Automatic for the people: SmartRent CEO on why landlords are going all-in on connected homes
Automatic for the people: SmartRent CEO on why landlords are going all-in on connected homes
Automatic for the people: SmartRent CEO on why landlords are going all-in on connected homes
Offset and Cardi B with the Dominican Republic mansion (Getty, Airbnb, Celebrity Brokers Antonio Khoury and Brandi Hunter)
Offset buys Cardi B a hilltop mansion in the Dominican Republic for her birthday
Offset buys Cardi B a hilltop mansion in the Dominican Republic for her birthday
New Philippine tax on foreign gaming companies could deal another blow to office market
New Philippine tax on foreign gaming companies could deal another blow to office market
New Philippine tax on foreign gaming companies could deal another blow to office market
Some agents were found steering home buyers towards homes that would give them a bigger commission. (Getty)
Real estate agents “blackballed” home for sale by owner
Real estate agents “blackballed” home for sale by owner
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...