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News release

San Antonio, TX

Market activity spurs sale of multifamily asset in San Antonio area

JLL Capital Markets secures sale of Robinson Manor

San Antonio, December 7, 2017 – JLL's Capital Markets experts announced the sale of Robinson Manor, a multifamily community located in Universal City, Texas, on behalf of 2205 Pat Booker, LLC today. A-Strategy Chloe Capital, LLC purchased the 44-unit property located in northeast San Antonio.

Senior Vice President Moses Siller led the JLL team on the sale. LS Realty Advisors, Inc.'s Rosalinda Hill represented the buyer.

"Robinson Manor is a terrific investment opportunity in one of the most active​​ metro areas in the nation," said Siller. "Strategic investments to this value-add opportunity will pay huge dividends in the near future thanks to the region's strong economic environment and projected market growth. We're thrilled to play a role in this transaction."

Within a five-mile radius of Robinson Manor, there was a 68% population increase since 2000. An additional 10% population increase is expected in the next five years.

The 40,312 square foot property is located off Loop 1604 near Interstate 35 in the northeast San Antonio suburb of Universal City, providing quick accessibility to all areas of the metro.

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 2016 alone, JLL Capital Markets completed $136 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.

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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 $145 billion. At the end of the third quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of over 80,000. As of September 30, 2017, LaSalle Investment Management had $59.0 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