JLL acquires construction-related consulting firm

JLL has broadened its project and development services (PDS) with the acquisition of Merritt & Harris (M&H), a leading provider of construction-related consulting services for real estate lenders and investors during new construction, renovations and workouts.



“M&H’s deep experience and reputation in cost estimating and property condition assessments make a powerful addition to JLL’s comprehensive PDS services,” said George Ladyman, managing director, JLL Projects. “With this acquisition, we’re gaining a group of experts who share our cultural values of ethics, excellence and working together to help clients protect the value of their projects.”



M&H, which is headquartered in New York with additional offices in Glendale, California, and Deerfield Beach, Florida, has been involved with a number of high-profile office and mixed-use projects. More than 40 M&H architects, engineers, cost analysts and construction experts will join JLL, including president and CEO Manny Kratsios.



A leader in cost estimation services, M&H provides comprehensive cost analysis for construction projects to lenders and the real estate community. The firm’s cost estimators work closely with architects and engineers to determine replacement costs and insurable values, analyze developer and contractor budgets, monitor the status of project documents and evaluate construction risks.



Additionally, M&H’s property condition assessment team provides detailed assessments to determine the quality and condition of building structures, systems and equipment while identifying items in need of repair or replacement and estimating the associated costs of remediation.