09/08/2025 | Press release | Distributed by Public on 09/09/2025 06:55
CHICAGO, Sept. 8, 2025 - JLL's Value and Risk Advisory platform announced today that Michael Wada has joined the firm as an Executive Director based in Irvine, California. Wada will lead multi-housing efforts in California and will be a member of JLL's multi-housing valuation group, led by Executive Managing Director, Kai Pan, MAI, CRE, Head of JLL's Value and Risk Advisory Multi-Housing Property Sector.
"We're really excited to have Mike join the team. He has extensive valuation experience paired with a multi-housing acquisitions background, providing a holistic understanding of the sector," said Pan. "As with all of our recent hires, Mike's role reflects JLL Value and Risk Advisory's continued commitment to expanding our sector-aligned business model that we launched in 2023 and more recently, expanding our geographic coverage from coast to coast."
Wada joins JLL with more than 14 years of commercial real estate experience, most recently serving on the principal side of the industry as a Vice President, Acquisitions at Davlyn Investments. Prior to Davlyn, he worked extensively in the appraisal sector providing services to financial institutions, attorneys and private equity real estate funds.
"After a couple of years on the principal side, I'm looking forward to getting back to my roots in the valuation industry," said Wada. "Southern California represents one of the most dynamic and complex multi-housing landscapes in the country and I'm really excited to lead the team here. JLL's unparalleled market intelligence, cutting-edge technology platform, and collaborative culture create the perfect environment to deliver exceptional value to our clients."
"We continue to see evolving market dynamics in Los Angeles and Southern California," added Pan. "Mike's hiring, on the heels of Scott Smith joining the firm, will allow us to deliver expertise and value and risk solutions to our clients in this complex multi-housing market."
JLL Value and Risk Advisory is the essential guide to the changing face of real estate values and risk. Our expert value and risk specialists are here to help investors and lenders identify, mitigate and monitor risk, and optimize real estate values across all sectors and geographies.
2,200+ experts in over 35 countries analyse $3.6 trillion of real estate, delivering actionable risk and value insights, so investors and lenders stay ahead in the market. A global community of sector-based specialists, the team delivers tailored client solutions for your real estate and business asset interests, giving an accurate picture of value and risk across any opportunity.
For more news, videos and research resources on JLL, please visit our newsroom.
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
U.S. property valuation and tax consulting services are performed by JLL Valuation & Advisory Services, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle Incorporated.