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News release

Chicago

JLL Named Top Fannie Mae and Freddie Mac Lender


CHICAGO, Feb. 10, 2016 – With Fannie Mae and Freddie Mac posting banner years and the demand for affordable housing at an all-time high, the need for multifamily financing options has never been greater. Both Fannie Mae and Freddie Mac have recognized JLL’s Capital Markets experts as a top lender in 2015, including:
 
· No. 1 Fannie Mae lender in total loan volume of  Delegated Underwriting and Servicing (DUS®) affordable housing loan originations
· No. 1 Freddie Mac lender in total number of closed affordable housing loans  
· ​No. 2 Freddie Mac lender in total loan volume of affordable housing loan originations​

 
All rankings were determined by 2015 nationwide production volume.
 
In 2015, JLL (including the former Oak Grove Capital, acquired in November) closed $7.2 billion in multifamily financings, including $2.6 billion in affordable housing loans.
 
“We at JLL believe that the creation and preservation of safe and high-quality affordable housing is vital to the sustainability of many local communities throughout the country. Meaningful participation in the affordable housing industry not only has great appeal to us from a social perspective but also makes great business sense as we expect  demand for affordable housing to continue to grow,” said Dave Williams, International Director and Multifamily lead at JLL.
 
Added Tim Leonhard, JLL International Director, “Affordable housing is a major priority for some of our key lending partners, including Fannie Mae and Freddie Mac, and their products allow us to be in a position to serve as many of our customers' needs as possible. Given our extensive experience in affordable housing and our strong track record with our lending partners, we have been successful in executing with great certainty and have played a major role in the development and execution of new and innovative products to serve an ever-changing and dynamic affordable housing market.”
 
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 2015 alone, JLL Capital Markets completed $140 billion in investment sale and debt and equity transactions globally. The firm’s Capital Markets team comprises more than 2,000 specialists, operating all over the globe.
 
For more news, please visit The Investor, an online and mobile app news source providing real-time commercial real estate news to asset buyers and sellers around the world.

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

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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 $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 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.