Houston—JLL’s Capital Markets recently announced the return of Greg Austin and Chip Nash as managing directors as part of the company’s continuing effort to drive growth in the Southwest. Austin, Nash and Vice President Bob Heard, who will be based in Houston, complete the firm’s client service offerings in the Texas apartment sector, joining colleagues in Dallas-Fort Worth, Austin and San Antonio.
“The return of Greg and Chip is a key part of our strategy to achieve full-service multifamily execution in the state of Texas—providing both institutional and private clients the best-in-class expertise they’ve come to expect from JLL,” said Jeff Price, managing director & leader of the JLL’s multifamily investment sales platform in Texas, in prepared remarks. “We can now accommodate the entire spectrum of clients in every market in the state, and Greg, Chip and Bob are the right team to lead us to success in Houston.”
Austin and Nash originally joined JLL in 2010, broadening the firm’s multifamily expertise in the Houston office. They spent the last two years at Berkadia. Prior to that, the two opened the Houston office of a national real estate advisory firm specializing in multifamily in 2000 and parlayed that into more than $2 billion in sales transactions.
Austin has more than 35 years of experience within the industry and is a graduate of the University of Texas where he earned his bachelor’s degree. Nash also has nearly 35 years of experience in the industry and is a graduate of the University of Houston where he earned his bachelor of science degree. Heard has nearly 10 years of commercial real estate experience and is a graduate of The University of Texas at Austin.
“In just a few short years, we’ve achieved optimal bench strength for our multifamily investment sales platform in Texas,” added David Williams, international director & leader of the firm’s Multifamily Capital Markets. “Now, with the addition of our full-service mortgage lending and mortgage banking capabilities from Oak Grove Capital in 2015, we are perfectly positioned to meet and exceed our client’s expectations in this important space.”