Jones Lang LaSalle Incorporated : $113.5M financing arranged for Newark office portfolio

SHIFT Capital is a nationally recognized development company focused on creating just and equitable neighborhoods. As a Certified B Corporation®, SHIFT delivers community solutions and programming that maintain and diversify a neighborhood's character while maximizing long-term affordability and minimizing displacement. SHIFT owns and manages over 1 million square feet of real estate, including commercial, residential, mixed-use, and land to date, SHIFT has invested over $220 million in the neighborhoods we serve to create ecosystems that strengthen entrepreneurship, creativity, and value for tenants and communities. Launching later this year, Shift's NextGen Impact Platform will focus on partnering and supporting the next generation of impact developers in communities across the country. For more information, please visit shiftcapital.us.

Hanini Group is an award-winning real estate firm with more than 10 years of experience developing high caliber loft-style residential, retail, commercial and corporate properties. With more than $300 million of development projects under its belt, the firm is especially known for its successful track record in taking historic properties in Newark, New Jersey and rehabilitating them, top to bottom. Many of these buildings, beautifully restored to their former glory, have quickly become landmarks and popular focal points in the city. The firm has expanded beyond Newark and has taken on large, marquee projects in the greater New York City metropolitan area, such as Northern New Jersey and Brooklyn. For more information, please visit hanini.com.

About CoInvestment Partners

CoInvestment Partners is an investment company deploying a thematic approach aimed at improving the resilience of [sub]communities, both physical and virtual. As part of the firm's mission, CoIP's real estate portfolio focuses on deep value add strategies, primarily across underserved communities. The firm executes as an owner-operator implementing an 'origination-to-exit' model. CoIP owns interests in approximately $600 million in real estate assets including $150 million in active ground-up developments, spanning across the northeast Amtrak corridor. CoIP carries out its investment mission by focusing across three sectors: Financial Inclusion, Individual Sovereignty and Mental Health. ColP believes these sectors could have the highest impact to improve the resilience of [sub]communities. For more information, please visit coinvestmentpartners.com.

ACORE Capital, LP is a leading commercial real estate finance company and debt fund manager with approximately $17 billion of assets under management. ACORE is focused on originating, acquiring and managing first mortgages, B-notes, mezzanine debt and preferred equity throughout the United States. ACORE, which is an acronym for Alpha Commercial Real Estate, specializes in providing borrowers with customized financing solutions at competitive rates and flexible terms. For more information, please visit acorecapital.com.

Progress Capital is a commercial mortgage advisory firm with over $40 billion in closed loans and $150 Million of directly funded bridge loans. With over 30 years of experience, Progress Capital continually prove its value to its clients by securing the best capital options available in the market. For more information, please visit progresscapital.com.