Tony Lenamon serves as CEO, Valuation Advisory, Americas, and focuses on providing a client experience not readily achieved in the market, which includes building a platform that leverages JLL’s global expertise to deliver local real estate solutions.
Previously, he was the National Multi-housing Practice Lead for JLL Valuation Advisory in the United States. In this role, he is responsible for cultivating new clients and managing relationships with JLL’s existing strategic clients. Lenamon is also responsible for culture and thought leadership across the national team, while acting as liaison for the technology associated with the Multi-housing valuation platform.
Prior to joining JLL, Lenamon spent 18 years with CBRE, where he served as Executive Vice President and National Multi-housing Practice Leader for their valuation and advisory group. He entered the real estate industry in the 1980s and spent nearly a decade with Deloitte & Touche Consulting as a Senior Manager and regional leader for their North Texas real estate consulting group. The JLL Multi-housing Valuation Advisory team conducts assignments throughout the United States across a broad spectrum of property types, including conventional apartments, HUD and affordable projects, student housing, Freddie and Fannie agency debt, and complex mixed-use developments.
Renovation costs vary very substantially from building to building, but costs are typically high, and typically are only feasible in areas that are supply-constrained—think San Francisco—or have federal grant money available to help.26 April 2021