Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

JONES LANG LASALLE INCORPORATED

(JLL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Jones Lang LaSalle Incorporated : Value-add apartment and townhome asset in DuPage County sells to active Chicago investor

10/21/2021 | 12:24pm EST

CHICAGO - Oct. 21, 2021 -JLL Capital Markets announced that it has closed the sale of Oak Brook Heights, a 408-unit, garden-style multi-housing community on the border of Westmont and Oak Brook, in West Suburban Chicago, Illinois.

JLL marketed the property on behalf of the seller, Investcorp, a leading global provider and manager of alternative investment products. FPA Multifamily acquired the asset.

Oak Brook Heights comprises one-bedroom apartments and two- and three-bedroom townhomes averaging 990 square feet. Units feature balconies/patios, in-unit washer and dryers and large walk-in closets. The community offers a resort style-pool, soccer field, grill and picnic area, tennis court and fitness center.

Located at 201 West Oakley Dr., the property is situated nearby Ogden Avenue, Butterfield Road and Interstates 294, 88 and 355 offering access to Chicago's international airports, CBD and surrounding suburbs' area amenities. Only a 10-minute drive from Oak Brook Heights is one of Chicagoland's most prestigious shopping centers, Oak Brook Center, the largest outdoor mall in the country. Also, within a 10-minute drive from the community, Yorktown Center provides the ultimate area amenity for top retail, dining and entertainment options.

The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Senior Managing Director Marty O'Connell, Senior Director Kevin Girard, Senior Managing Director Matt Kafka and Executive Managing Director Matthew Lawton.

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 investment and sales advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit our newsroom.

FPA Multifamily, LLC is a real estate operating company focused on the acquisition, renovation and management of both core plus and work force housing apartment communities. Founded in 1985, FPA has owned over 130,000 apartment units valued at over $16.4 billion. FPA is currently investing through its value-add focused FPA Apartment Opportunity Fund VII which will acquire approximately $3.0 billion of assets and its core-plus focused FPA Core Plus Fund V which will acquire approximately $1.9 billion of assets. Headquartered in San Francisco, FPA also has offices in Atlanta, Chicago, Dallas, Denver, Irvine, Minneapolis, and Washington DC. For more information, please visit www.fpamf.com.

Disclaimer

Jones Lang LaSalle Inc. published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2021 16:23:02 UTC.


ę Publicnow 2021
All news about JONES LANG LASALLE INCORPORATED
04:52pJONES LANG LASALLE INCORPORATED : Sale of Atlanta multi-housing community closes
PU
03:51pJONES LANG LASALLE INCORPORATED : Suburban Chicago retail center with grocery anchor sells..
PU
02:41pJONES LANG LASALLE INCORPORATED : Colorado workforce housing development moves forward wit..
PU
11:01aJLL Announces Details of Fourth Quarter 2021 Earnings Release and Conference Call
PR
09:41aJONES LANG LASALLE INCORPORATED : Northeast Georgia seniors housing community refinanced f..
PU
09:01aJONES LANG LASALLE INCORPORATED : Seniors housing community near Orlando refinanced for $5..
PU
08:01aJLL arranges $690M financing for 44-property industrial portfolio
PR
12/01JONES LANG LASALLE INCORPORATED : JLL Capital Markets expands into Silicon Valley
PU
12/01JONES LANG LASALLE INCORPORATED : Raleigh-Durham retail center sells to an affiliate of No..
PU
12/01JONES LANG LASALLE INCORPORATED : JLL's D.C. Capital Markets team appoints multi-housing c..
PU
More news
Analyst Recommendations on JONES LANG LASALLE INCORPORATED
More recommendations
Financials (USD)
Sales 2021 10 785 M - -
Net income 2021 886 M - -
Net Debt 2021 57,0 M - -
P/E ratio 2021 14,2x
Yield 2021 -
Capitalization 11 569 M 11 569 M -
EV / Sales 2021 1,08x
EV / Sales 2022 0,95x
Nbr of Employees 91 000
Free-Float 96,5%
Chart JONES LANG LASALLE INCORPORATED
Duration : Period :
Jones Lang LaSalle Incorporated Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JONES LANG LASALLE INCORPORATED
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 241,59 $
Average target price 315,67 $
Spread / Average Target 30,7%
EPS Revisions
Managers and Directors
Christian Ulbrich President, Chief Executive Officer & Director
Karen Brennan Chief Financial & Investment Officer
Siddharth N. Mehta Chairman
Allan Frazier Global Chief Information Officer
Benjamin Breslau Chief Research Officer
Sector and Competitors
1st jan.Capi. (M$)
JONES LANG LASALLE INCORPORATED58.33%11 569
CBRE GROUP, INC.51.50%31 165
KE HOLDINGS INC.-67.76%23 627
ZILLOW GROUP, INC.-61.47%13 463
FIRSTSERVICE CORPORATION40.80%8 449
COLLIERS INTERNATIONAL GROUP INC.52.32%5 956