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JLL Income Property Trust Appoints Lisa Kaufman to Board of Directors
Prnewswire· 2024-11-05 20:03
CHICAGO , Nov. 5, 2024 /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 that on November 5, 2024, its Board of Directors voted to appoint Lisa Kaufman as a Director, filling an opening created by the resignation of long-time Director Jacques Gordon, who is taking over as new Director of the Graaskamp Center for Real Estate at the University of Wiscon ...
Jones Lang LaSalle (JLL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-10-30 15:07
The market expects Jones Lang LaSalle (JLL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to b ...
JLL Income Property Trust Sells San Francisco Bay Area Industrial Portfolio
Prnewswire· 2024-10-29 15:00
Timely Opportunity to Redeploy Capital at Start of New Market Cycle CHICAGO, Oct. 29, 2024 /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 the sale of Pinole Point, a three property industrial park in Richmond, California, in keeping with its long-term strategy of recycling capital at opportunistic points across real estate market cycles. Pinole Po ...
JLL Falcon kicks off new era of AI-powered CRE innovation
Prnewswire· 2024-10-29 12:30
Proprietary purpose-built AI platform for CRE will leverage the best of human and machine learning, generating insights for employees and clients New platform will enable significant enhancements for JLL GPT™ CHICAGO, Oct. 29, 2024 /PRNewswire/ -- JLL (NYSE: JLL) today announced the launch of its artificial intelligence (AI) platform, JLL Falcon, designed to accelerate the digital transformation of the commercial real estate (CRE) industry. The new platform is a cutting-edge set of AI-enabled software servi ...
Despite Fast-paced Momentum, Jones Lang LaSalle (JLL) Is Still a Bargain Stock
ZACKS· 2024-10-25 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...
JLL Income Property Trust Sells Suburban Seattle Apartment Community
Prnewswire· 2024-10-22 17:38
Timely Disposition to Reinvest at Attractive New Market Cycle ReturnsCHICAGO, Oct. 22, 2024 /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 the sale of Stonemeadow Farms, a 280-unit, garden-style apartment community in Bothell, Washington – a desirable Seattle suburb less than 20 miles from Redmond, Bellevue and downtown Seattle. This disposition a ...
JLL Announces Details of Third Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-10-09 13:00
CHICAGO, Oct. 9, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) will host a conference call and webcast to discuss third quarter 2024 results on Wednesday, November 6, 2024, at 9 a.m. Eastern time. The conference call can be accessed live over the phone by dialing (888) 660-6392; the conference ID number is 5398158. Listeners are asked to please dial in 10 minutes prior to the call start time and provide the conference ID number to be connected. The conference call will also be webcast liv ...
JLL arranges $443M sale of 701 Brickell, second largest office sale in Florida history
Prnewswire· 2024-10-08 19:07
The trophy asset was highly sought after by institutional groups and ultra-high net worth investors MIAMI, Oct. 8, 2024 /PRNewswire/ -- JLL's Capital Markets group announced today that it arranged the $443 million sale of 701 Brickell, a trophy Class AA office building totalling 685,279 square feet in the heart of Miami's financial district. Brickell is currently the top performing office market in the United States in terms of occupancy and rent growth. This sale was structured as an all-cash transaction f ...
PartsSource Relocates Ohio Headquarters with Assistance from JLL
GlobeNewswire News Room· 2024-10-08 13:00
CLEVELAND, Oct. 08, 2024 (GLOBE NEWSWIRE) -- PartsSource, the leading technology and enterprise software platform for managing mission-critical healthcare equipment, announced today that it is relocating from Aurora, Ohio to 50 Executive Parkway in Hudson, Ohio. JLL facilitated the 46,000 square-foot headquarters relocation to the 70,000 square-foot office building owned by Benedict Realty Group. JLL Senior Vice President Kristy Hull and Vice President Daniel Rose represented PartsSource in the transaction. ...
JLL to Buy Raise Commercial Real Estate to Accelerate Leasing Tech
ZACKS· 2024-10-02 18:36
Jones Lang LaSalle (JLL) — popularly known as JLL — recently announced that it has entered into an agreement to acquire Raise Commercial Real Estate ("Raise"). Raise operates as a technology-driven brokerage, delivering client solutions via a transformative digital real estate platform. The deal, subject to customary closing conditions, is expected to close shortly. Through this acquisition, JLL and its clients will gain access to Raise's industry-leading leasing technology, thereby further strengthening it ...