Day in the Life of: Aaron Appel

The JLL loan broker on Olympic weightlifting, clubbing with clients and brokering mega loans

Aaron Appel (credit: Catherine Gibbons)
Aaron Appel (credit: Catherine Gibbons)

From the September issueAaron Appel is a managing director in JLL’s real estate investment banking division, where he brokers some of the largest commercial real estate loans in New York City. In 2015 alone, he handled $3 billion in loan transactions — the largest being a $725 million construction loan for JDS Development Group and Property Markets Group’s supertall tower at 111 West 57th Street from AIG and Apollo Global Management. So far in 2016, Appel — who works largely in the tri-state area, but also handles deals in Miami and other cities — said he has done $1.8 billion in closed financings.

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The 34-year-old Long Island native moved to Manhattan with his father at the age of 10 after his parents divorced. He studied finance at Baruch College, and between 2005 and 2014, climbed the real estate lending ladder, jumping from Cooper-Horowitz to CBRE to Meridian Capital Group to JLL.  [more]