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Exclusive: What’s Next For The Lodging Industry?

By Phil Hall
Today, 2:57 AM
Within the commercial real estate industry, the lodging sector was among the most seriously impacted during the first year of the COVID-19 pandemic. But during the course of 2021, the sector began to regain some of its vitality, and many industry leaders believe this positive trend could continue into 2022.

CBRE

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2 minute read
  • Financing
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JLL Arranges $690M Financing For 44-Property Industrial Portfolio

By Benzinga Newsdesk
Today, 2:57 AM
JLL announced today that its Capital Markets group has arranged a $690 million financing for a portfolio of 44 net-leased industrial, office and data center properties totaling 6.85 million square feet in high-growth

JLL

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2 minute read
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Trump Sells DC Hotel To A-Rod Connected Investment Firm For $375M: Report

By Phil Hall
Today, 2:57 AM
The Trump Organization has sold its controversial Washington, D.C., hotel to an investment firm with ties to baseball great Alex Rodriguez for $375 million.

HLT

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1 minute read
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Raymond James Maintains Outperform on Jones Lang LaSalle, Raises Price Target to $302

By Benzinga Newsdesk
Today, 2:57 AM
Raymond James analyst Patrick O'Shaughnessy maintains Jones Lang LaSalle (NYSE:JLL) with a Outperform and raises the price target from $282 to $302.

JLL

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1 minute read
  • Earnings
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Jones Lang LaSalle Q3 Adj. EPS $4.56 Beats $3.60 Estimate, Adj. EBITDA $352M vs $243.6M In Same Qtr. Last Year, Fee Revenue $2.07B Beat $1.85B Estimate

By Benzinga Newsdesk
Today, 2:57 AM
Jones Lang LaSalle (NYSE:JLL) reported quarterly earnings of $4.56 per share which beat the analyst consensus estimate of $3.60 by 26.67 percent. This is a 52.51 percent increase over earnings of $2.99 per share from the

JLL

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25 minute read
  • Earnings
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Earnings Scheduled For November 3, 2021

By Benzinga Insights
Today, 2:57 AM
  Companies Reporting Before The Bell • R.R.Donnelley & Sons (NYSE:RRD) is likely to report quarterly earnings at $0.32 per share on revenue of $1.19 billion.

AAWW

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2 minute read
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REIT M&A Volume Reaches $108B Year-To-Date

By Phil Hall
Today, 2:57 AM
Merger and acquisition activity within the real estate investment trust sector this year reached hit $108 billion in transaction volume as of Sept. 30, according to new data published by JLL (NYSE: JLL).

JLL

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1 minute read
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Why Moderna Is Investing In A New Science Center

By Shanthi Rexaline
Today, 2:57 AM
Moderna, Inc. (NASDAQ: MRNA), which made a windfall with its COVID-19 vaccine program, is plowing back some of the largesse into R&D.

ARE

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2 minute read
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Moderna To Invest In New Science Center In Cambridge, MA

By Bill Haddad
Today, 2:57 AM
Moderna, Inc. (NASDAQ:MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced it is investing in a new science center, known as the Moderna Science Center, at 325 Binney

ARE

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2 minute read
  • News

JLL Arranges Joint Venture Equity, $300M Construction Loan For Spec Office In Cambridge

By Benzinga Newsdesk
Today, 2:57 AM
JLL announced today that its Capital Markets group arranged debt and equity financing for the redevelopment of 40 Thorndike, a 475,000-square-foot mixed-use project with office, residential and retail uses

JLL

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