JLL Boosts Capital Markets Team With Two New Hires


JLL’s Aaron Appel has added two professionals to his capital markets team in New York, Commercial Observer has learned. David Sitt and Eliott Zeitoune have joined the brokerage with a focus on providing advisory services to owners, borrowers and capital providers. The duo will also focus on investment sales in the greater New York market.

“David Sitt and Eliott Zeitoune are consummate professionals with strong backgrounds in representing the needs of clients in a wide variety of industries,” Appel said. “Within just a few months, the pair have been involved in the origination of nearly $1 billion in debt and equity. Given such a strong start, we expect David and Eliott to serve an important role in further expanding JLL’s presence in the market.”

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Sitt was previously the founding partner of real estate brokerage firm Sitt Ventures. Prior to that, he was an investor in Wharton Realty Group.

Sitt also founded The Sephardic Food Fund—a charitable organization that distributes funds through J.P. Morgan Chase visa credit cards that are only accepted in supermarkets and grocery stores. The fund has distributed $26 million to date.

Zeitoune joins JLL from brokerage Hudson Real Estate Partners, where he represented tenants in office leasing transactions.

As CO first reported, JLL appointed Appel as head of debt and equity finance for its New York capital markets practice in September.