Dave Black

Executive Vice President & National Practice Lead JLL Valuation Advisory

Dave specializes in the valuation of major institutional grade retail, office and industrial assets across the country. For over ten years, he has been directly involved in appraising and advising on some of the most prestigious real estate in Canada.

For almost fifteen years, Dave has been directly involved in appraising and advising on major institutional grade retail, office and industrial assets across Canada. Working in Toronto, he specializes in the valuation of complex real estate assets from coast-to-coast, and is one of the country’s leading enclosed shopping centre and downtown office tower valuation experts. From a retail perspective, Dave, alongside Gordon Coffell, Warren Coffell, and Jared Coffell, have personally valued or advised on over 80 percent of the country’s regional shopping centres, and have assembled one of the largest data banks of retail statistics in the country. The group also regularly completes trophy office valuations throughout Canada’s major markets, collaborating often with JLL’s local leasing and research personnel. Working primarily with Canada’s largest Pension Funds, REITs, and local/international clients, Dave’s specialized team valued over $40 billion of commercial real estate in 2020 for various annual purposes, as well as completed a variety of quarterly advisory and portfolio value monitoring assignments.

Dave also leads JLL Canada’s growing group of valuation professionals as National Practice Lead, and is focused on the goals, results, and strategy surrounding the best-in-class platform. He sits on JLL Valuation Advisory’s Americas Executive Committee, and is involved in various global initiatives within JLL Valuation Advisory – a team of some 1,300 valuers and advisors who appraise more than $3.5 trillion annually across all major asset classes.

Prior to joining JLL, Dave spent over six years at Cushman & Wakefield in a variety of positions. In his last role, he was responsible for the valuation of high-profile investments across the country for many of the larger pension funds and REITS, as well as institutional and other industry leaders.

Dave earned a Bachelor of Commerce from Queen’s University and a Post-Graduate Certificate in Real Property Valuation from The University of British Columbia. He was awarded his AACI designation in 2013, and is also recognized as a Chartered Valuation Surveyor with the Royal Institution of Chartered Surveyors.

In his spare time, Dave enjoys spending time at home with his wife, Kaitlin; two young children, Benjamin and Ella; and golden retriever, Yukon. He is also an avid golfer, having been a member of St. George’s Golf and Country Club for over 25 years.