Christopher Peck (left), Michael Gigliotti (top) and Kevin Davis.
Christopher Peck, Michael Gigliotti and Kevin Davis
Senior managing directors and co-heads at JLL New York; CEO at JLL Hotels and Hospitality for the Americas at JLL
Last year's rank: 17
For Christopher Peck, Michael Gigliotti and Kevin Davis, the advisory business they’ve built over the course of 17 years at JLL New York embodies an ancient maxim attributed to Aristotle:
Excellence, then, is not an act, but a habit.
“Progress compounds like money compounds: You make a little bit every day,” said Peck. “We’re finally at that point, where we’re the No. 1 office of all JLL, we’re the No. 1 [brokerage] business in the city, and we have this continuity — we all were kids when we started working together 17 years ago.”
Aside from continuity, Gigliotti points to the ethos of hard work, openness to opportunity, and meritocracy that has allowed nearly 60 producers across JLL’s debt, equity and investment sales channels to thrive in 2025.
“We invested a lot in our young people, gave them a platform to succeed, and so many of them started really hitting the pitching last year,” said Gigliotti. “We have 57 producers across sales and debt, and 30 of them had their best year ever. It wasn’t like the three of us just knocked it out of the park.”
But there’s no doubt the veteran three-headed monster at JLL set the tone for a remarkable year of business. In the last 12 months, JLL’s flagship team of advisers arranged $28 billion in CRE debt across 378 deals and an additional $2.5 billion in equity in 49 transactions, for a total deal volume of $30.5 billion and an average transaction size of $68.4 million.
Top transactions include structuring $535 million in construction financing for Alloy Development and the Vistria Group’s 583-unit residential tower at One Third Avenue; obtaining $515 million in acquisition financing for a 25-property, 8.7 million-square-foot national logistics portfolio managed by Artemis Real Estate Partners; and securing $465 million in C-PACE financing from Nuveen Green Capital for Post Brothers’ 532-unit office-to-residential conversion in Washington, D.C., which was briefly the largest C-PACE loan ever originated.
“We always act in the best interest of our clients, not ourselves,” said Davis. “It’s not a star broker philosophy here. We win and lose as a team, and that’s what differentiates JLL.”
The Stories Behind the List
