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News release

AUSTIN, TX

JLL Expands Multifamily Platform in Central Texas

Scott Lamontagne joins as Managing Director to lead apartment sales in Austin and San Antonio


AUSTIN, TX, July 23, 2014 – Investors from around the globe are increasingly eyeing the central Texas market as a growing business powerhouse, creating intense demand for both core and value-add multifamily assets in the region.  Newly released JLL research shows Austin is one of the Top 20 cities around the globe (and the top ranking U.S. city) on the Investment Intensity Index, in which cities are ranked according to how much real estate investment they receive relative to their size.   This burgeoning demand has led JLL’s Capital Markets to hire industry veteran Scott Lamontagne to steer the firm’s multifamily investment sales practice in central Texas.  Lamontagne will work under the direction of Managing Director Jeff Price, who leads the firm’s Texas multifamily platform, and be based out of the firm’s Austin office.  He will be joined by Senior Vice President Moses Siller and Associate Michael Gonzalez to provide advisory, transactional, debt structures and equity services to multifamily owners and developers in the Austin and San Antonio region.

“Scott is an experienced and tested multifamily veteran within central Texas who brings long-standing client relationships and expertise to our firm’s growing Southwest presence,” said Price.  “In addition, Moses brings significant mastery of the burgeoning San Antonio apartment market.  These new hires are the first of many more to come in Texas as we seek to fulfil client’s needs in this highly dynamic tech region filled with strong employment and growth.”

Lamontagne comes to JLL from a competing national brokerage firm, where he was a Director and senior executive tasked with guiding the central Texas market.  During the previous 11 years, his direct transactional and oversight experience exceeded $3 billion.  Lamontagne has also served as the regional manager for another national brokerage firm, where he managed two of that firm’s flagship offices in Los Angeles and Encino, California.  He also served as western United States Director for Special Asset Services, charged with supporting more than 300 senior agents in creating direct client relationships with many of the nation’s largest financial institutions and servicers.  He earned his Bachelors in Business Communications from the University of Kansas and is a member of both the Urban Land Institute as well as the Real Estate Council in Austin.

Siller also joins JLL from a national brokerage firm, where he was an Associate Director and was a part of a team that closed more than $300 million in multifamily sales in San Antonio in 2013.  Siller earned his Bachelor in Business Administration and Finance from the University of Texas at San Antonio.  Gonzales joins JLL from the National Multi-Housing Group at a national brokerage firm where his responsibilities included market research, financial analysis, business development transactional support, and marketing executions.  He earned his Bachelors in Business Administration, Marketing & Management Information Systems as well as his Masters of Business Administration from Stetson University. 

About Capital Markets
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2013 alone, JLL Capital Markets completed $99 billion in investment sale and debt and equity transactions globally. The firm’s Capital Markets team comprises more than 1,300 specialists, operating all over the globe.

For more news, videos and research resources on Jones Lang LaSalle, please visit the firm’s U.S. media center Web page: http://bit.ly/18P2tkv.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4 billion, JLL has more than 200 corporate offices and operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $48.0 billion of real estate assets under management. JLL is the brand name of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.