CHICAGO, Dec. 11, 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 today the acquisition of Minneapolis Distribution Center, a Class A industrial business park located in Maple Grove, MN for a purchase price of approximately $66.5 million.Minneapolis Distribution Center is comprised of two buildings totaling 443,000 square feet and is 100% occu ...

The James is a luxury rental, 350-bed Independent Living, Assisted Living and Memory Care community to be built in Irvine, CaliforniaNEWPORT BEACH, Calif., Dec. 2, 2024 /PRNewswire/ -- JLL's Capital Markets group and HJ Sims announced today that they have arranged $473 million in tax exempt and taxable bond financing for the ground-up development of The James, a luxury rental, 350-bed seniors housing community in Irvine, California, which is the largest tax-exempt senior living financing of the year and lar ...

Jones Lang LaSalle (JLL) — popularly known as JLL — recently announced a joint venture with Slate Asset Management to launch a software-as-a-service (SaaS) technology platform, JLL Asset Beacon. This platform integrates data across asset management functions, offering a real-time, comprehensive view of performance for a single asset, a fund, or the entire portfolio.JLL Asset Beacon provides commercial real estate (CRE) professionals with accurate and integrated data, facilitating them in making faster-infor ...

 JLL Asset Beacon integrates data across the commercial real estate asset management lifecycle, paving the way for AI-generated insights CHICAGO, Nov. 19, 2024 /PRNewswire/ -- JLL and Slate Asset Management (Slate) today announced a joint venture to commercialize Slate's best-in-class technology platform for commercial real estate (CRE) professionals. The result is JLL Asset Beacon, a software-as-a-service (SaaS) technology platform that integrates data across asset management functions to create a real-tim ...

JLL identifies $1 trillion is needed to revitalize office space at risk of obsolescence as part of shaping a more resilient built environmentCHICAGO, Nov. 19, 2024 /PRNewswire/ -- The global commercial real estate market continues to rapidly evolve as shifting preferences for how space is used and where development takes place conflate with tightening sustainability requirements, strained national and local finances and infrastructure. JLL's (NYSE: JLL) latest research "Opportunity through obsolescence," is ...

CHICAGO, Nov. 18, 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 today that it has fully subscribed JLLX Diversified V, DST. The $100 million program was structured as a Delaware Statutory Trust designed to provide 1031 exchange investors the opportunity to reinvest proceeds from the sale of appreciated real estate while also deferring taxes. ...

CHICAGO, Nov. 11, 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 investment assets, announced that on November 5, 2024, its Board of Directors declared a dividend for the fourth quarter of 2024 of $0.1575 per share. This will be the 52nd consecutive dividend paid to its stockholders.The dividend is payable on or around December 27, 2024 to stockholders of record as ...

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.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...

JLL's Capital Markets group facilitates landmark transaction in tech-centric hub near Seattle MSASEATTLE, Nov. 8, 2024 /PRNewswire/ -- JLL's Capital Markets group announced today the successful $286 million sale of Parkside Apartments, a 664-unit luxury community in Redmond, Washington.JLL worked on behalf of the seller, a partnership between a Texas-based group of investors previously associated with Lincoln Property Company Residential and Daiwa House Texas, and procured the buyer, Lakevision Capital. ...

Jones Lang LaSalle Incorporated (JLL) reported third-quarter 2024 adjusted earnings per share (EPS) of $3.50, which beat the Zacks Consensus Estimate of $2.67. The reported figure also increased from the prior-year quarter’s $2.19.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect better-than-anticipated revenues. The company benefited from accelerated growth in transactional revenues and continued strength in its resilient lines of business. JLL also gained from its co ...