JLL Stock Recent News

JLL Capital Markets arranges financing for a 10-building collection of industrial and warehouse distribution assets NEW YORK , Jan. 21, 2025 /PRNewswire/ -- JLL Capital Markets announced today it has arranged $170 million in financing for the SkyREM Industrial Portfolio, a 10-building collection of primarily industrial and warehouse distribution assets located across the Northeast, Southeast and Midwest regions of the United States. JLL represented the borrower, SkyREM, to secure the fixed-rate, five-year loan through Apollo.

Cell BioEngines Joins Center for Engineering and Precision Medicine (CEPM), Expands Relationship with Mount Sinai Cell BioEngines Joins Center for Engineering and Precision Medicine (CEPM), Expands Relationship with Mount Sinai

Jones Lang LaSalle (JLL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

WASHINGTON , Jan. 15, 2025 /PRNewswire/ -- JLL's  Capital Markets group announced today that it arranged over $1.2 billion in construction financing throughout 2024 on behalf of The BlackChamber Group (" BlackChamber "). The financings will facilitate the development of four hyperscale powered shell campuses located across Northern Virginia collectively totalling over 740 megawatts of capacity.

CHICAGO , Jan. 14, 2025 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) will host a conference call and webcast to discuss fourth quarter 2024 results on Wednesday, February 19, 2025, at 9 a.m. Eastern time.

Financing arranged for 800-key convention center hotel in one of the top-performing lodging markets in the country DALLAS , Jan. 9, 2025 /PRNewswire/ -- JLL's Capital Markets group announced today it has arranged a $300 million refinancing for the Omni Nashville Hotel, an 800-key luxury hotel in downtown Nashville. JLL worked on behalf of the borrower, TRT Holdings, Inc., to secure a fixed-rate, seven-year loan through a U.S.-based insurance company and AllianceBernstein Commercial Real Estate Debt, in its capacity as advisor to Equitable Financial Life Insurance Company.

JLL APAC's deep industry expertise, state-of-the-art capabilities, and customer-driven approach position it to redefine the FM industry and reinforce its leadership. SAN ANTONIO , Jan. 7, 2025 /PRNewswire/ -- Frost & Sullivan recently researched the facility management industry and, based on its analysis, recognizes Jones Lang LaSalle (JLL) Asia-Pacific (APAC) with the 2024 Asia-Pacific Company of the Year Award.

Sponsor JLL Also Funds Previously Announced $100 Million Equity Investment CHICAGO , Jan. 7, 2025 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today that it originated a $32 million senior, secured floating rate first mortgage loan on a newly constructed, institutional-quality apartment community in north suburban Houston, Texas.  The loan has an initial three-year term and earns an interest rate of 3% above SOFR – the Secured Overnight Financing Rate – with a SOFR floor of 3.25%, and is currently projected to deliver an attractive yield of approximately 7% to 8%.

I maintain a Buy rating on Jones Lang LaSalle in view of the positive outlook for its key businesses. JLL's advisory and capital markets segments are well-positioned for a CRE market turnaround, with a significant portion of revenue tied to property deal activity. The Work Dynamics division shows long-term growth potential, considering that more companies could outsource their real estate management needs and JLL has the financial capacity for strategic acquisitions.

Timely Disposition to Reinvest at Beginning of New Market Cycle CHICAGO , Oct. 10, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.5 billion in portfolio equity and debt investments, announced the sale of 180 North Jefferson, a 28-story apartment community in downtown Chicago, IL as part of its long-term strategy of reinvesting capital at opportunistic points in the market cycle.  180 North Jefferson, located in Chicago's West Loop neighborhood, includes 274 fully renovated apartment units – along with upgraded common area amenities.