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News release

CHICAGO, IL

JLL Completes LodgeTax Acquisition

Adds real estate tax consulting to firm’s hospitality services


CHICAGO, JULY 30, 2015 — JLL (NYSE:JLL) has closed the previously announced acquisition of LodgeTax, a national leader in hotel real estate tax services and consulting. The acquisition boosts JLL’s position as a leading advisor in the hospitality industry.

Louis Breeding and David Calverley, co-founders of LodgeTax, joined JLL’s Hotels & Hospitality Group as Executive Vice Presidents.

“As we’ve been talking to clients over the last month, their reaction has been extremely positive,” said Breeding. “They appreciate the ability to tap into JLL’s broader platform with a customized approach to meeting their individual needs under one roof. Our shared commitment to client relationships allows us to be a valued partner to our clients across the country.”
 
For additional information on JLL acquiring LodgeTax, please refer to the news release issued on July 1, 2015.

For more news, videos and research from JLL’s Hotels & Hospitality Group, please visit: www.jll.com/hospitality, download the Hotels & Hospitality Group app for iOS and Android, or view our e-magazine The Hotel Investor, available for iPad.

For more news, videos and research resources on JLL, 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. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $56.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.