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News release

Dallas, TX.

Jones Lang LaSalle Strengthens Multifamily Platform with Dallas Hire

Andrew Porteous joins as Vice President


DALLAS, Jan. 24, 2011 – Jones Lang LaSalle today announced the firm has hired Andrew Porteous as a Vice President, strengthening the firm’s multifamily platform in Dallas.  Porteous specializes in the sale and financing of multifamily product.  He will work under the direction of Managing Director Michael Lewis to expand the firm’s breadth of sales advisory, valuation and brokerage services throughout the Southwest.

“Andrew’s experience as a hedge fund strategist will bring innumerable benefits to our clients,” said Michael Lewis, Managing Director.  “As one of the strongest sectors to emerge from the recession, multifamily product continues to appeal to investors across the board which is why this is such a pivotal moment to add Andrew to our team.”

Porteous is a XX-year veteran of the commercial real esetate business.  

Largay is a 10-year veteran of the commercial real estate business and has been directly involved in the financing of more than $2.5 billion in real estate.  His financing experience includes office, multifamily, retail, industrial, hospitality and condominiums.  He has also completed transactions in first mortgages, mezzanine debt, entity-level equity investment, B-notes, joint ventures and loan sales.  Prior to joining the firm, Largay served as a director at a competing brokerage firm and prior to that he acted as a vice president at NorthMarq Capital.  He earned his bachelor of science degree in economics from the Wharton School of the University of Pennsylvania, with concentrations in finance and strategic management.  He is an active member in the Urban Land Institute (ULI) and the chair of the Chicago Program Committee and serves on the local Advisory Board.

Jones Lang LaSalle 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 its clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In the last three years, Jones Lang LaSalle Capital Markets completed more than $143 billion transactions globally. The firm’s Capital Markets team comprises approximately 1,500 specialists, operating in 180 major markets worldwide. 

About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $41 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.