MBANow: JLL National Practice Leader Jeff Manas

JLL recently launched a new service line inside its Valuation Advisory business and hired Jeff Manas to head its Environmental and Property Condition service.

JLL: Offices Will Evolve as They Re-Emerge

JLL, Chicago, said it expects offices to re-emerge as the “beating heart” of re-energized central business districts as the recovery progresses.

Commercial/Multifamily Briefs from Blackstone, QTS, JLL

Data center real estate investment trust QTS Realty Trust, Overland Park, Kansas, and Blackstone, New York, announced that Blackstone affiliates will acquire all outstanding shares of common stock of QTS Realty Trust for $78 per share in an all-cash transaction valued at nearly $10 billion, including the assumption of debt.

JLL: Seniors Housing Sector Positioned for Growth

The seniors housing sector should grow as long-term demand remains positive and an aging Baby Boomer population needs more care, reported JLL Valuation Advisory, Chicago.