Longtime Savills broker David Carlos is jumping to JLL, and taking his two-person team with him.
The Chicago-based brokerage announced on Wednesday Carlos’ new role as vice chairman and Head of Nonprofit, Education and Government Practice. He’ll be joined by Andrew Dzenis and Rekha Pednekar, who have been with Carlos at Savills for five years and two years, respectively.
Carlos’ move comes after a 16-year stint at Savills. He’s a member of the Real Estate Board of New York and is a three-time winner of the REBNY Ingenious Dealmaker award.
As vice chairman of Savills’ nonprofit brokerage group, Carlos’ client roster included Weill Cornell Medicine, Jewish Theological Seminary, CUNY, New York Public Library and KIPP Charter Schools. Among his memorable deals was one with Ira Schuman brokering two pieces of the Jewish Theological Seminary campus in a pair of complex deals totaling $133 million.
Last year, Carlos and Dzenis represented risk advisory firm K2 Integrity when it subleased 40,000 square feet from the Teachers Insurance and Annuity Association at 730 Third Avenue. He was also part of the team marketing St. John’s University’s 6.5-acre satellite campus in Grymes Hill, Staten Island.
Chicago-based JLL suffered a brutal second quarter, when net income dropped from $335.5 million the previous year to only $3.2 million. Equity losses played a big part in the decline and JLL appeared inclined to impose cost-cutting measures after trimming its workforce in 2022.
Peter Riguardi, president of the New York region for JLL, in a statement lauded Carlos’ “experience executing complex, multi-dimensional transactions.” Carlos said he was excited to make the move during a “period of dislocation across the commercial real estate landscape.”