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JBL Asset Management is a privately held fully integrated service commercial real estate company specializing in Retail Shopping Center acquisitions, management, and development. Founded in 2005 by Jacob Khotoveli, JBL invests private capital on behalf of itself, and its investment partners. JBL is based in South Florida and invests in major MSA's on the Eastern half of the US.

JBL's portfolio currently exceeds over 2,000,0000 square feet of real estate, and is actively in pursuit of additional opportunities in major MSA's throughout the country with deal sizes up to $40,000,000. JBL has transacted with numerous institutions and has a strong reputation for execution in the industry.

Meet The Team


Jacob Khotoveli

Managing Partner

Jacob Khotoveli is the founder and Managing Partner of JBL Asset Management. JBL owns & manages over 2.5 million square feet of Shopping Centers across numerous states. Jacob has been the key principal in over $500 million in transaction volume since 2005.


Marc Orio

Chief Operations Officer

Marc is responsible for overseeing the Group’s operational & systems organization, which includes operations management, capital planning, project & planning management. Marc handles the overall day-to-day business operation ensuring smoothness of production, systems, and implementing procedural processes required to accomplish JBL’s mission and goals in the retail commercial real estate industry marketplace.


Juan Pablo Restrepo

Director of Leasing


Alex Selesnick

Leasing Administrator


Michael Wang

Strategic Development & Acquisitions


Diana Leon

Senior Property Manager


Stefan Poggioli

Senior Property Manager


Mihail Yankov

Regional Property Manager


Chad Pearce

Chief Financial Officer


Jason Feder

General Counsel


Jill Hofstetter

Lease Administrator / Paralegal

With over 25 years of commercial real estate experience, Jill is a versatile and valuable addition to the JBL team. She began her real estate career in Chicago assisting in the commercial finance division of Mesirow Financial. After moving to Florida, Jill was a Property Manager for a number of high profile Landlords including Terranova Corp, CREC, and Paramount. She transitioned to the tenant side as a Lease Administrator at the Office Depot headquarters in Boca Raton, Florida where she managed over 350 retail leases and realized expense recovery savings of $1 million annually. She is a graduate of Western Illinois University where she was a Division 1 scholarship athlete for swimming.


Emil Aleksandrov

Office Manager