Jones Lang LaSalle Incorporated JLL

Jones Lang LaSalle (NYSE:JLL) arranged US$406m in financing for the Trammell Crow Center office tower in Dallas. The financing supports a recently upgraded, iconic downtown Dallas property that has undergone substantial capital improvements. The transaction involves a single high profile office asset and underscores JLL's role in large commercial real estate deals. The Trammell Crow Center financing highlights JLL's reach, but investors should weigh it alongside the firm's broader business...

Jones Lang LaSalle (JLL) recently filed an omnibus shelf registration that covers a broad mix of securities, including common and preferred stock, debt, warrants and purchase units, giving the real estate specialist fresh capital-raising flexibility. Recent trading in Jones Lang LaSalle has cooled, with the share price down 16.62% over the past month and 4.15% year to date, even though the 1 year total shareholder return of 6.77% and very large 3 year total shareholder return of 128.01% still...