Manhattan, NY JLL’s Value and Risk & Advisory platform announced today that it has expanded its New York office team with the hiring of James Molloy as asenior director for institutional accounts. Molloy will work with senior managing director Steven Schleider to expand the platform’s institutional and financial services/lender coverage in Manhattan and the greater Tri-state region.

Molloy joins JLL from SitusAMC where he was a senior director responsible for major institutional client management. During his tenure, he supported billions in asset value for various property types and markets. Prior to that role, he spent 28 years with Bankers Trust Company and Deutsche Bank. During the last 10 years of his tenure, he was global head of real estate valuation, operating offices in Tokyo, Hong Kong, Mumbai, Frankfurt, London and New York.

“We know our clients are increasingly becoming institutional in scope and demanding a more robust value and risk assessment,” said Mike Ellis, chief executive officer of JLL’s Value & Risk Advisory platform. “James has an extensive background on the institutional side and can also provide global insights as the platform continues to grow.”

Molloy is a Member of the Appraisal Institute’s Metropolitan New York Chapter (MAI), is a Fellow with the Royal Institute of Chartered Surveyors (FRICS) and is a Designated Counselor of Real Estate (CRE). In addition, he’s a certified appraiser in New York and Maryland. Molloy graduated from Syracuse University with a B.S. in finance from the Martin J. Whitman School of Management.