REIT Outlook Stays Positive

JLL, Chicago, said real estate investment trusts show renewed optimism, driven by a total return of 43 percent for the year, and outpacing the S&P 500 by 14 percent.

Hotel Recovery Likely to Continue

The hotel sector’s recovery that started last year will likely continue despite current operational hurdles, sector analysts said.

Personnel News from JLL, Apollo Commercial

JLL, Chicago, promoted Managing Directors Aimee Morgan and Kai Pan to co-lead its national Valuation Advisory multi-housing practice, which has almost tripled in size over the last two years.