JLL Milwaukee Expertise in Business and Finance

Author

Reads 966

Concrete Buildings
Credit: pexels.com, Concrete Buildings

JLL Milwaukee's expertise in business and finance is rooted in its understanding of the local market. JLL has been serving the Milwaukee area for over 30 years.

JLL's team of experts has a deep knowledge of the local economy, including its strong manufacturing sector and growing healthcare industry. This expertise enables them to provide tailored solutions for clients.

JLL's commitment to community involvement is evident in its partnerships with local organizations, such as the Milwaukee Business Journal and the Wisconsin Manufacturers & Commerce.

Business and Finance

JLL's Capital Markets group closed a notable deal in Milwaukee, selling the 76-unit Freshwater Apartments for $17.4 million.

The property, built in 2017, features studio, one- and two-bedroom units with an average square footage of 635 square feet. Units have granite kitchen counters, stainless steel appliances, and full-size washers and dryers.

The Freshwater Apartments offer a range of community amenities, including a clubroom with full kitchen, a rooftop terrace with grill stations, and heated indoor parking.

$133.3M in Construction Financing Secured for The Edison

Low Angle View of Office Building Against Sky
Credit: pexels.com, Low Angle View of Office Building Against Sky

JLL Capital Markets secured $133.3M in construction financing for a project, leveraging its expertise in capital solutions for real estate investors and occupiers.

The firm's in-depth local market and global investor knowledge delivered a best-in-class solution for the client, showcasing its global reach with over 3,000 Capital Markets specialists worldwide.

JLL Capital Markets has offices in nearly 50 countries, providing a wide range of services including investment sales and advisory, debt advisory, equity advisory, and recapitalization.

The firm's ability to secure financing for a project of this scale demonstrates its capabilities in navigating complex transactions and delivering results for its clients.

JLL worked on behalf of the seller to secure fixed-rate loans through Freddie Mac Multifamily, highlighting the firm's expertise in securing financing for multi-housing properties.

The loan will be serviced by JLL Real Estate Capital, LLC., a Freddie Mac Optigoâ„  lender, ensuring a smooth and efficient transaction process.

JLL Capital Markets has a proven track record of success in the Milwaukee market, having closed the sale of a three-property multi-housing portfolio in the area.

The firm's expertise in the local market and its global reach make it a go-to partner for clients seeking capital solutions for their real estate investments.

Work and Life Together

Sleek interior of a modern office building showcasing open balconies and contemporary design.
Credit: pexels.com, Sleek interior of a modern office building showcasing open balconies and contemporary design.

Jones Lang LaSalle Inc. has established an office in the Milwaukee area, serving the entire state of Wisconsin. The office is led by Dan Jessup, a seasoned real estate professional with over 20 years of experience in the Milwaukee area.

Jessup hopes to add more office and industrial brokers in the office over the next five years. He anticipates the local Jones Lang LaSalle office will grow substantially over time.

The office will focus on office and industrial brokerage, with Jessup and Michael Streit, a former Apex Commercial broker, leading the charge. They are both office brokers with a deep understanding of the local market.

Jones Lang LaSalle has corporate offices in 48 U.S. cities and 70 countries around the world. This global presence will undoubtedly bring new opportunities to the Milwaukee area office.

Dan Jessup was drawn to Jones Lang LaSalle because of its powerful platform and collaborative team. He believes this will allow them to increase the level of service they provide to their clients.

The firm already represents several prominent Milwaukee-based businesses, including Foley & Lardner and Michael Best & Friedrich. They will oversee leasing and property management efforts for four office buildings in Waukesha and Brookfield.

Frequently Asked Questions

What does the company JLL do?

JLL provides a range of commercial real estate services, including leasing, property management, and investment management. From advising on property deals to managing entire portfolios, JLL helps clients navigate the complex world of commercial real estate.

Is JLL a big 4?

Yes, JLL is part of the "Big Four" in commercial real estate and facility management, a group that also includes CBRE, Cushman & Wakefield, and Colliers. This elite group dominates the industry with their expertise and global reach.

Cassandra Bednar

Assigning Editor

Cassandra Bednar serves as an Assigning Editor, overseeing a diverse range of articles that delve into the intricate world of European banking. Her expertise spans cooperative banking, bankers associations, and various European trade associations. Cassandra has a keen interest in historical and contemporary financial institutions, particularly those established in the 1970s.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.