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News release

Chicago

JLL Earns Top Fannie Mae and Freddie Mac Awards


CHICAGO, March 15, 2017 – As multifamily demand continues to drive commercial real estate investment, JLL stands out for its work in financing market rate and affordable housing. Both Fannie Mae and Freddie Mac have recognized JLL's Capital Markets experts for their industry leading performance in 2016.

JLL's awards include:

  • 2016 Best Fannie Mae Affordable Housing Underwriting
  • No. 1 Freddie Mac Top Targeted Affordable Housing Lender in 2016 (by volume)
  • No. 4 Fannie Mae DUS® Producer for Multifamily Affordable Housing in 2016

Nationwide production volumes in 2016 determined all rankings.

In 2016, JLL closed more than $8.7 billion of multifamily financing transactions. These included more than $1.7 billion in loans made through Freddie Mac's programs, making JLL a top lender in the affordable housing sector.

​"As our multifamily expertise expands to keep up with heavy demand, we're also revving up our ambitions in the affordable housing space," said International Director Brian Kelleher. "JLL's status as one of Fannie Mae's top five lenders for the past two years, and our recognition as Freddie Mac's top affordable lender last year, show our commitment to combining good business with a critical housing mission."

Added Tim Leonhard, JLL International Director, "We pride ourselves on being able to meet all of our clients' needs, and partnering with Freddie Mac and Fannie Mae allows us to deliver even more. The affordable housing marketplace is facing challenges as a decrease in tax credit pricing, rising interest rates and diminishing subsidies across the board hamper demand. We look forward to developing new products to preserve liquidity in the marketplace." 

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 leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.