In recent weeks, three high-profile power moves have positioned Black men in key leadership roles across the Los Angeles commercial real estate market.
Samuel Hughes was named as President and CEO for the Economic Resources Corporation (ERC). Created by community and business leaders in response to the 1965 Watts Uprising, ERC works to address economic and wealth disparities in underserved communities. Hughes brings more than 20 years of real estate and economic development experience to ERC, assuming the dual roles after a five-year run as an Assistant General Manager with the City’s Economic & Workforce Development Department.
In another move, brokerage giant Jones Lang & LaSalle (JLL) announced James Malone would rejoin the company after as an Executive Vice President in the firm’s downtown office. A highly-respected brokerage veteran, Malone has extensive experience with brokerage, agency leasing, corporate services, real estate development and law. In his new role, the UCLA alumnus will focus on partnering with JLL’s tenant representation and agency leasing brokers, while also continuing to work directly with investors and occupiers.
Also, global commercial real estate services firm Avison Young has tapped Troy Jenkins to lead its US investment platform. As a principal and director of investment management, Jenkins will oversee the firm’s aggressive expansion plans across all major US markets. Jenkins has more than 30 years of experience in investment banking and commercial real estate – working at powerhouse firms including CBRE Global Investors, Profit Investments and American Realty Advisors.
A graduate of Yale University, Troy Jenkins received his M.B.A from UCLA’s Anderson Graduate School of Management. Jenkins also serves on the board of the Robert Toigo Foundation and as Chairman Emeritus and Member of the Board of Governors of the City Club Los Angeles.