Investor interest in life sciences real estate has jumped during the pandemic, sector analysts say.
Tag: JLL
Dealmaker: Alliant Credit Union Closes $68 Million in Multifamily
Alliant Credit Union, Chicago, closed $68.4 million in financing for three multifamily properties in the Southeast and the West Coast.
Dealmaker: JLL Secures $36M For Industrial, Retail
JLL Capital Markets, Chicago, arranged $36.2 million in acquisition and refinancing for industrial and retail assets in Pennsylvania, New Jersey and Florida.
Industry Briefs June 9, 2021
The Mortgage Collaborative, San Diego, announced results of its inaugural The Pulse of the Mortgage Industry survey ranking mortgage lenders’ top concerns based on 598 executive responses from the co-op’s 234 lender members.
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.
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.
Seattle Eclipses Manhattan as Top Market for Cross-Border Buyers
Seattle surpassed Manhattan to become the leading U.S. market for cross-border investment, reported Real Capital Analytics, New York.
Spread Between Retail, Industrial Rents Compresses
JLL, Chicago, reported the spread between retail property rents and industrial property rents is compressing as home deliveries speed up and e-commerce steals more and more market share from brick-and-mortar retailers.
Dealmaker: JLL Places $400+M Construction Loan for Genesis Marina
JLL Capital Markets, Chicago, secured a $400+ million construction loan for Genesis Marina, a to-be-built waterfront Class A life science campus in Brisbane, Calif.
Office Market At a ‘Critical Crossroads’
JLL, Chicago, says the U.S. office market is at a “critical crossroads.”