Situs, the premier global provider of strategic business solutions for the finance and real estate industries, announced its wholly owned subsidiary, Situs RERC, has hired Jamie Molloy as managing director, the company announced in a release.
Based in New York City, Molloy will be responsible for further developing the company’s suite of solutions to address the evolving needs of the industry, while expanding the effective reach of Situs RERC.
"Situs RERC has greatly expanded its global footprint over the past three years and Jamie Molloy's experience will be extremely valuable in our continuous effort to remain a premiere service provider to a global audience," Situs RERC President Ken Riggs said in the release.
Molloy joins Situs from Deutsche Bank where he has spent the past 10 years as Global Head of Real Estate Valuation, directing a team of real property valuation professionals in New York, London, Frankfurt, Mumbai, Hong Kong and Tokyo.
Prior to that, Molloy spent five years as international head of real estate valuation overseeing all non-US valuation activities and offices. He is a member of the Appraisal Institute a fellow with the Royal Institute of Chartered Surveyors (FRICS); a counselor of real estate (CRE), a New York State licensed and certified general real estate appraiser and member of the Risk Management Association.