JLL’s Valuation Advisory group expands multi-housing practice

Nik Bex

JLL’s Valuation Advisory group announced today that it has hired Nik Bex, MAI, as executive vice president in its Chicago office. Bex will focus on driving growth and building the multi-housing platform in Chicago and the greater Midwest region.

Bex has more than 10 years of real estate valuation experience with a focus on multi-housing and mixed-use assignments for a variety of conventional, GSE, bridge and institutional lenders. He joins JLL from another leading commercial real estate services firm where he was an integral member of the multifamily valuation group and involved in a wide range of properties from Class-A towers to small privately owned projects. During this time, he progressed from associate level to one of the region’s top producers, consistently increasing production by 20-30% per year and being recognized internally as Appraiser of the Year. Bex previously worked at JLL as a senior analyst at the onset of his career.

Bex will report directly to Managing Director Aimee Morgan, who co leads JLL Valuation Advisory’s multi-housing practice alongside Managing Director Kai Pan. JLL’s national multi-housing valuation practice has experienced skyrocketing demand and has grown 85% year-over-year.