Colliers Hires JLL’s Jimmy Board to Bulk Up Capital Markets Team
By Andrew Coen May 25, 2021 3:29 pm
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Colliers (CIGI) has added commercial real estate veteran Jimmy Board as managing director, adding to a heavy roster of experienced hires to its capital markets team, Commercial Observer can first report.
Board brings more than 15 years of CRE experience to Toronto-based Colliers, most recently as a managing director at JLL (JLL), where he played an active role in integrating the firm’s real estate investment banking group with its overall capital markets platform. He has completed in excess of $25 billion worth of transactions throughout his career.
The addition of Board comes on the heels of Colliers’ capital markets team also bringing on managing directors Peter Nicoletti in New York and Frank Petz in Boston. Both Nicoletti and Petz also joined Colliers from JLL.
“Jimmy Board brings to Colliers deep expertise and strong industry relationships developed over more than 15 years establishing himself as a leader in this business,” David Amsterdam, president, U.S. capital markets and Northeast region, said in a statement. “Additions like Jimmy’s are proof that we have built a best-in-class capital markets platform and we look forward to continuing expanding our footprint across the country and around the world.”
Board spent 10 years in JLL’s capital markets division, focusing on debt transactions across all asset classes with a heavy emphasis on industrial and retail properties. Prior to JLL, he held the title of vice president in CBRE’s capital markets group.
“By leveraging my experience and relationships, and collaborating with the other fine professionals that make up this platform, I see a lot of opportunities,” said Board, adding that he is bullish about opportunities in the retail sector. “We’ve seen better than 85 percent rent collection in many regions across the country. As people emerge from lockdowns and desire their pre-pandemic experiences, we think retail is going to experience a bit of a resurgence.”
