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News release

CHICAGO, IL

JLL Awarded Commercial Mortgage Broker License in Nevada


CHICAGO, March 16, 2016 – JLL today announced the firm has been awarded a license to conduct commercial mortgage brokering in the state of Nevada under JLL Nevada, LLC. With competitive debt markets and strong liquidity, the licensing enables the firm to place commercial mortgages for all property types in the state.
 
“Lenders are increasingly looking beyond gateway markets to make debt investments and Nevada is poised to participate in this demand. In particular, the city of Las Vegas has demonstrated significant growth since 2009 and in 2015, overall transaction volumes were up 41.1 percent from the previous year,” said Randy Fleisher, Managing Director with JLL’s Capital Markets and Managing Broker for Nevada activities. “JLL is one of the few firms to have a license in the state and this gives us another way to provide best-in-class service and advice to our clients.”
 
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.

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.