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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets welcomes Luc Whitlock to its multi-housing investment sales and advisory team

Los Angeles, Feb. 7, 2023 - JLL Capital Markets announced today that it has welcomed Director Luc Whitlock to its multi-housing investment sales and advisory team. Whitlock is based out of the Los Angeles office and will concentrate on middle-market multi-housing sales throughout the Southern California market. Whitlock will work alongside Managing Director Peter Yorck, Direct ...

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08.02.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL’s M&A and Corporate Advisory platform expands with senior investment banker hire focused on lodging and leisure

NEW YORK. - February 6, 2023 - JLL Capital Markets announced today that Jeffrey Altman has joined the firm's M&A and Corporate Advisory platform as a Senior Managing Director based in New York. Altman will join JLL's 13-banker U.S. M&A team headed by Steve Hentschel, Global Co-Chairman Real Estate Investment Banking, to provide strategic and transactional advice to pub ...

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07.02.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL closes sale of Diplomat Beach Resort in Florida; third largest single-asset hotel sale ever in the U.S.

MIAMI, Feb. 6, 2023 - JLL's Hotels & Hospitality Group announced today that it closed the sale of the Diplomat Beach Resort, an award-winning beachfront resort with 1,000 guest rooms in Hollywood, Florida. JLL represented the seller, Brookfield Properties, in the transaction. A joint venture between Credit Suisse Asset Management and Trinity Fund Advisors LLC purchased the ...

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07.02.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Grocery- and drug-anchored retail center in greater Los Angeles sells for $22.1M

ORANGE COUNTY, Calif., Jan. 30, 2023 - JLL Capital Markets announced today that it has closed the $22.1 million sale of Griffin Plaza, a 85,022-square-foot, grocery- and drug-anchored retail center located in Simi Valley, California. JLL marketed the property on behalf of the seller, Griffin Living. A private, 1031 exchange investor acquired the asset. Built in 1981 and renova ...

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30.01.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$250M credit facility arranged for United Hampshire US REIT, a publicly traded REIT investing in grocery-anchored and necessity-based retail and modern self-storage properties along the East Coast

CHARLOTTE, January. 30, 2023 - JLL Capital Markets announced today that it has arranged a $250 million credit facility for United Hampshire US REIT, a Singapore REIT with 23 properties located across the East Coast. JLL's Corporate Banking Advisory Group ("CBA") represented the corporate borrowers, United Hampshire US Parent REIT, Inc. and United Hampshire US Holding ...

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30.01.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Investor interest in seniors housing remains optimistic heading into 2023

CHICAGO, Jan. 24, 2023 - Despite pricing uncertainties limiting capital markets activity, interest in seniors housing remains optimistic as investors seek higher yields from alternative asset classes, according to JLL's Valuation Advisory group's sixth annual Seniors Housing Investor Survey and Outlook . Of the investors surveyed, 44% indicated they would increase their exposu ...

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25.01.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Grocery-anchored shopping center in Pennsylvania sells for $17M

PHILADELPHIA, Jan. 24, 2023 - JLL Capital Markets announced today that it has closed the $17 million sale of Mount Pocono Plaza, a 195,735-square-foot, Weis-anchored shopping center located in Mt. Pocono, Pennsylvania. JLL marketed the property on behalf of the seller, Heidenberg Properties. Agora Commercial acquired the asset. The over 90% occupied shopping center is anchored ...

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25.01.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets arranges $48M non-recourse construction financing for Solamar Wildwood, a 243-unit build-to-rent community in Central Florida

MIAMI, Jan. 23, 2023 - JLL Capital Markets announced today that it has arranged $48 million in construction financing for the development of Solamar Wildwood, a 243-unit, build-to-rent townhome and villa community located in Wildwood, Florida and adjacent to The Villages, the largest 55+ active-adult master-planned community in the United States. JLL worked on behalf of the bo ...

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25.01.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Chris Dale Joins JLL Capital Markets’ Mid-Atlantic Industrial Team

WASHINGTON, D.C., Jan. 23, 2023 - JLL Capital Markets announced today Chris Dale has joined the firm as a Director in the firm's Washington, D.C. office. Dale will focus on middle market and private capital industrial transactions in the Mid-Atlantic region. He will work on the Industrial Investment Sales Advisory team. "We are tremendously excited to welcome Chris to our ...

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25.01.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale-leaseback of single-tenant warehouse located south of Boston closes

BOSTON, Jan. 19, 2023 - JLL Capital Markets announced today that it has closed the sale-leaseback of 550 Forbes, a single-tenant warehouse totaling 215,575 square feet located just south of Boston in Mansfield, Massachusetts. JLL represented the seller, FCA US (Stellantis), in the sale, and Berkeley Partners acquired the asset. The 100-percent-leased 550 Forbes is occupied by ...

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20.01.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Grocery-anchored retail center in Riverside County trades for $24.6M

ORANGE COUNTY, Calif., Jan. 19, 2023 - JLL Capital Markets announced today that it has closed the $24.6 million sale of Center Pointe, a 41,461-square-foot, newly developed grocery-anchored retail center in Menifee, California. JLL represented the seller, Tourmaline Capital. A private, 1031 exchange buyer acquired the asset. The recently constructed center is 96-percent-leased ...

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19.01.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL expands national Loan Sales platform with addition of Chad Coluccio

NEWPORT BEACH, Calif. - Jan. 19, 2023 - JLL Capital Markets announced today that Chad Coluccio has joined its national Loan Sales team as a Managing Director based out of the firm's Orange County office. Coluccio will partner with Senior Managing Directors and co-leads of JLL's national loan sales platform, Sean Ryan and Will Sledge, as well as Senior Managing Directors Tom Ha ...

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19.01.2023