Raymond James Ltd. has announced Ken Avalos is rejoining the firm effective September 2011 as senior real estate analyst, and will lead its Canadian real estate research coverage.

He will be located in home office of the parent company, Raymond James Financial, in St. Petersburg, Florida.

“By locating our Real Estate research coverage in the U.S., we are able to enhance our service delivery to Canadian clients who can benefit from our existing stronghold in the U.S. marketplace,” said Daryl Swetlishoff, head of research for Raymond James in Canada.

Avalos previously served in senior research roles at Raymond James from 1997 to 2008, including a six year stint as a REIT analyst in the real estate group.

“Ken has a unique background which will add value to our real estate coverage mainly because of his breadth of expertise in research and corporate, as well as his extensive relationships with institutional investors across North America,” said Swetlishoff. “He combines keen analytical insights with proven communications and strategic planning skills.”