Jon Geanakos | President, Americas of JLL Capital Markets
Leading Voices in Real Estate - Podcast autorstwa Matt Slepin - Poniedziałki
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Jon Geanakos grew up in Ipswich, Massachusetts, raised mainly by his Greek immigrant grandparents. They gave him a strong sense of ethnicity and hard work, speaking Greek predominantly in their home and running a local grocery store and ice cream parlor. He was recruited to play lacrosse at the University of Lowell (%5C) and it was there that he found himself embracing leadership. As the captain of his lacrosse team, he excelled at helping the right people work together to achieve their goal.His lacrosse coach introduced him to the president of the local bank, Lowell Institution, and that set him on the trajectory to real estate. “It’s fascinating how one person just at that pivot point in a young person’s life can guide you to what your life’s work is. You never understand the profoundness at the time when it happens, you obviously realize it when the years have passed.”Jon’s Leadership JourneyAfter a few years at the bank, he was approached by some of the bank’s investors to join them in starting The Tallard Group. This gave him his first entrepreneurial experience. When they closed their doors shortly after, he applied to join Copley Real Estate (%5C). There, he took a job as a portfolio manager of failing properties in Texas, and later in Ohio.At Copley, he remembers sitting at meetings amongst Ivy League executives and feeling like he didn’t belong or deserve to be there. However, each time he would make a successful decision, he felt his confidence slowly building. “When somebody says, ‘This is a really difficult job, you might fail at it,’ I always tell people ‘You must take the tough job because that’s where the upside is… and you’ll learn something from it.’”When Copley and AEW (%5C) merged, he faced a fork in the road: his mother was diagnosed with cancer and he was ready to move into a more brokerage-focused role. While she was in surgery, he contacted 150 names in the hopes of finding a position in New York, and this initiative landed him at Secured Capital (%5C).After gaining experience in brokerage, Trammell Crow (%5C) approached him and he moved back into closing deals in capital markets. When CBRE (%5C) merged with Trammell Crow in 2006, Jon trusted his gut and joined Houlihan Lokey (%5C) where he discovered a new dimension of real estate. During his time at Houlihan Lokey, one of his clients who he was advising on capital raising opportunities, Anthony Westreich (%5C), invited him to join Monday Properties (%5C) as a partner.At Monday Properties Jon began identifying emerging gateway markets like Nashville, Portland, and Denver, which had the potential for large profits. He had a vision for how this could become a viable business, and Cabot Street Capital Partners was born. While this new venture was exciting, it was also lonely. When JLL (%5C) pursued him, Jon knew it was time to move on to the next step in his career and realized this was it – it was the perfect opportunity.In Jon’s position at JLL, he finds himself employing everything he has learned over the years, as he oversees all sales and financings for the firm’s Capital Markets platform in the U.S., Canada, Latin and South America. This involves everything surrounding investment baking and executing transactions on ownership. While he spends the majority of his time in the U.S. and Canada, his dashboard and longstanding relationships with investors bring him around the world to places like Europe, the Middle East and Asia.Jon identifies JLL’s technical proficiency and expertise, global connection, and wonderful client management as key differentiators among their competitors in the industry.