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Jones Lang LaSalle

Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $74 billion for clients across diverse public and private real estate strategies.

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Goldman Sachs bullish on CRE services stocks: CBRE, NMRK, JLL top picks for 2025. Recovery in 2024 was driven by stabilizing property values and financing conditions.

Commercial Real Estate Recovery: Goldman Sachs Names 3 Top Stocks For 2025

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BridgeBio Pharma, Rigetti Computing, Bath &amp; Body Works And Other Big Stocks Moving Higher On Monday

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This Snowflake Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

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CBRE Group Inc. (NYSE: CBRE) reported second-quarter 2024 core earnings per share of 81 cents, ahead of the Zacks Consensus Estimate of 69 cents. However, the reported figure declined 1.2% year over year.

CBRE Group Q2 Earnings Beat, 2024 Outlook Raised

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International Business Machines Corporation (NYSE: IBM), in collaboration with Jones Lang LaSalle Inc. (NYSE: JLL), recently launched a new sustainability solution, aimed at bolstering Environmental, Social, and Governance (E

IBM, Jones Lang Unite to Boost ESG Reporting in the CRE Sector

CBRE Group, Inc. (NYSE: CBRE) recently announced its plan to combine its Project Management business with Turner &amp; Townsend.

CBRE Group to Merge its Project Management Business

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Morgan Stanley (NYSE:MS) has acquired $700 million of property loans from the failed Signature Bank through a consortium, including Blackstone Inc. (NYSE: BX), Canada Pension Plan Investment Board, and Rialto Capital. Advised by Jones Lang LaSalle Inc. (NYSE:JLL), this significant move in commercial-property finance marks a notable transaction amid rising borrowing costs and declining property valuations .

Morgan Stanley Obtains $700M Property Loan From Blackstone Venture

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Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound: What&#39;s Driving Markets Monday?

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Goldman Sachs Reveals Long-Term AI Portfolio: Here Are The 50 Stocks To Monitor

Jones Lang LaSalle Incorporated Common Stock

Jones Lang LaSalle Inc

Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) has outperformed the market over the past 20 years by 1.69% on an annualized basis producing an average annual return of 9.89%. Currently, Jones Lang LaSalle has a market capitalization of $11.72 billion. 
Buying $1000 In JLL: If an investor had bought $1000 of JLL stock 20 years ago, it would be worth $6,666.58 today based on a price of $246.93 for JLL at the time of writing.
<h3>Jones Lang LaSalle's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734648313_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Jones Lang LaSalle 20 Years Ago Would Be Worth This Much Today

JP Morgan analyst Anthony Pettinari maintains Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) with a Overweight and raises the price target from $263 to $327.

Price Target

JP Morgan Maintains Overweight on Jones Lang LaSalle, Raises Price Target to $327

Keefe, Bruyette &amp; Woods analyst Jade Rahmani upgrades Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) from Market Perform to Outperform and raises the price target from $292 to $325.

Keefe, Bruyette & Woods Upgrades Jones Lang LaSalle to Outperform, Raises Price Target to $325

Goldman Sachs is bullish on the outlook for commercial real estate (CRE) services stocks, citing a gradual growth in the <a href="https://www.benzinga.com/topic/commercial-real-estate">sector following tough years.</a>
The investment bank recommended CBRE Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>), Newmark Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMRK#NASDAQ">NMRK</a>), and Jones Lang LaSalle Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) as the sector&#8217;s top picks for 2025.
<h3 class="wp-block-heading">CRE Sector Showing Signs of Life</h3>
In a note shared with clients Friday, Goldman Sachs analyst Julien Blouin said the CRE services sector has begun to recover in 2024 as property values stabilized and financing conditions improved.
Lower short-term rates, stabilizing long-term rates, and narrowing credit spreads have created a healthier financing environment for real estate transactions.
According to Blouin, origination volumes—the financing of real estate transactions—have &#8220;inflected across all major property types and all major lender groups,&#8221; pointing to an increasingly active market.
Specifically, Newmark Group has risen from outside the top five in 2019 to the third-largest mortgage loan originator, thanks to its growing capital markets business.
On the investment sales front, Blouin said, "Clarity over and stabilization of property values and funding costs, mixed with gradually returning financing availability across the CRE ecosystem, has strengthened the prospects of an investment sales recovery." 
He highlights that JLL has gained significant market share in investment sales volumes, while Newmark has bolstered its presence by hiring top professionals from Cushman &amp; Wakefield plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWK#NYSE">CWK</a>). 
<h3 class="wp-block-heading">Why CBRE, NMRK, And JLL Are Goldman's Top Picks</h3>
<ul>
<li>CBRE Group: "Consensus underestimates the top-line and bottom-line growth of CBRE's resilient businesses, including double-digit revenue growth across property management, facilities management, and project management," Blouin said. He added that CBRE's diversification makes it a standout in the sector, providing stability during uncertain times.</li>
<li>Newmark Group Blouin highlighted Newmark's ascent in mortgage origination rankings, stating, "We believe consensus underestimates capital markets revenue recoveries, bolstered by market share gains." NMRK has leveraged its growing capital markets team and has seen strong momentum in debt origination and investment sales.</li>
<li>Jones Lang LaSalle: According to Blouin, JLL is benefiting from its increased market share in investment sales, which he described as a "meaningful gain." He also indicated that JLL's ability to capitalize on the CRE recovery puts it in a prime position for earnings growth.</li>
</ul>
<h3 class="wp-block-heading">Bottom Line: More Room To Run</h3>
While CRE services stocks have risen 39% year-to-date—outpacing the S&amp;P 500's 27% gain—Blouin is confident there's more upside ahead. 
&#8220;We see additional upside for companies that have large capital markets exposures and are gaining market share, have large resilient businesses with high growth and high margins, and companies that have a track record of supplementing their prudent allocation through internal reinvestment, selective M&amp;A, and share repurchases,&#8221; he said.
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Photo: Shutterstock

Goldman Sachs analyst Julien Blouin initiates coverage on Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) with a Buy rating and announces Price Target of $352.

Initiation

Goldman Sachs Initiates Coverage On Jones Lang LaSalle with Buy Rating, Announces Price Target of $352

Jones Lang LaSalle's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) short percent of float has fallen 5.0% since its last report. The company recently reported that it has 688 thousand shares sold short, which is 1.71% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.87 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Jones Lang LaSalle Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733166012_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Jones Lang LaSalle has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Jones Lang LaSalle's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Jones Lang LaSalle's peer group average for short interest as a percentage of float is 6.11%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Jones Lang LaSalle's Recent Short Interest

WIIM

Jones Lang LaSalle shares are trading higher after Wolfe Research upgraded the stock from Peer Perform to Outperform and announced a $353 price target.

U.S. stocks were higher, with the Dow Jones index gaining more than 400 points on Monday.
Shares of BridgeBio Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBIO#NASDAQ">BBIO</a>) rose sharply during Monday's session after the company announced that the FDA approved Attruby to <a href="https://www.benzinga.com/24/11/42163927/fda-approves-bridgebio-pharmas-drug-for-rare-heart-disease-poised-to-challenge-pfizer-in-lucrative-yet-competitive-market">treat adults with ATTR-CM.</a>
On Friday, the FDA approved BridgeBio Pharma's Attruby (acoramidis), an orally-administered near-complete (≥90%) stabilizer of Transthyretin (TTR) for adults with ATTR-CM to reduce cardiovascular death and cardiovascular-related hospitalization. Also, HC Wainwright maintained a Buy rating on the stock and raised its price target from $43 to $49.
BridgeBio Pharma shares jumped 22.3% to $28.64 on Monday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Rigetti Computing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) shares jumped 69% to $2.9289 after the company completed a $100 million at-the-market equity offering, with plans to use the proceeds for working capital, capital expenditures, and advancements in superconducting quantum computing technology.</li>
<li>Scholar Rock Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRRK#NASDAQ">SRRK</a>) gained 27.2% to $38.03. Scholar Rock Holding recently reported worse-than-expected third-quarter EPS results.</li>
<li>D-Wave Quantum Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NASDAQ">QBTS</a>) surged 26.3% to $3.6800 after AWS announced Quantum Embark program.</li>
<li>Mercurity Fintech Holding Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFH#NASDAQ">MFH</a>) gained 23.3% to $6.15.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) rose 19% to $7.26 after AWS announced Quantum Embark program.</li>
<li>Eastman Kodak Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KODK#NYSE">KODK</a>) surged 17.4% to $6.18.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) rose 16.6% to $38.36.</li>
<li>Eve Holding, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVEX#NYSE">EVEX</a>) gained 16.6% to $3.9062.</li>
<li>Bath &amp; Body Works, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) shares climbed 15.5% to $35.49 after the company reported better-than-expected third-quarter EPS and sales and raised its 2024 guidance.</li>
<li>Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) surged 14.6% to $6.92.</li>
<li>Hims &amp; Hers Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) rose 13.5% to $28.77.</li>
<li>Iovance Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) gained 11.3% to $9.52.</li>
<li>Clarivate Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLVT#NYSE">CLVT</a>) rose 8.7% to $5.70.</li>
<li>Flagstar Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLG#NYSE">FLG</a>) gained 7.1% to $12.52.</li>
<li>Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) climbed 6.8% to $92.82. Five Below will release its financial results for the third quarter of fiscal 2024 after the closing bell on Wednesday, Dec. 4.</li>
<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) climbed 6.3% to $43.74.</li>
<li>Jones Lang LaSalle Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) gained 6.1% to $279.28. Wolfe Research analyst Andrew Rosivach upgraded Jones Lang LaSalle from Peer Perform to Outperform and announced a $353 price target.</li>
<li>Elastic N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) rose 6% to $114.49 after Wedbush upgraded the stock from Neutral to Outperform and announced a $135 price target.</li>
</ul>
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BridgeBio Pharma, Rigetti Computing, Bath & Body Works And Other Big Stocks Moving Higher On Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Wedbush analyst Daniel Ives upgraded the rating for Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) from Neutral to Outperform and announced a $190 price target. Snowflake shares closed at $167.44 on Friday. <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>DA Davidson analyst Linda Bolton Weiser upgraded The Procter &amp; Gamble Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) from Neutral to Buy and raised the price target from $160 to $209. Procter &amp; Gamble shares closed at $176.28 on Friday. <a href="https://www.benzinga.com/quote/PG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wolfe Research analyst Andrew Rosivach upgraded the rating for Jones Lang LaSalle Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) from Peer Perform to Outperform and announced a $353 price target. Jones Lang LaSalle shares closed at $263.27 on Friday. <a href="https://www.benzinga.com/quote/JLL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup analyst Keith Horowitz upgraded U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) from Neutral to Buy and boosted the price target from $49 to $65. U.S. Bancorp shares closed at $52.49 on Friday. <a href="https://www.benzinga.com/quote/USB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs analyst Robert Cox upgraded the rating for W. R. Berkley Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) from Neutral to Buy and announced a $69 price target. WR Berkley shares closed at $62.27 on Friday. <a href="https://www.benzinga.com/quote/WRB/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SNOW stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="586" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267-1024x586.png" alt="" class="wp-image-663381" style="width:637px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267-1024x586.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267-768x440.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267.png 1121w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Wolfe Research analyst Andrew Rosivach upgrades Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) from Peer Perform to Outperform and announces $353 price target.

Wolfe Research Upgrades Jones Lang LaSalle to Outperform, Announces $353 Price Target

&nbsp;JLL Asset Beacon integrates data across the commercial real estate asset management lifecycle,&nbsp;paving the way for AI-generated insights &nbsp;
CHICAGO, Nov. 19, 2024 /PRNewswire/ -- JLL and Slate Asset Management (Slate) today announced a joint venture to commercialize Slate's best-in-class technology platform for commercial real estate (CRE) professionals. The result is <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4306203-1&amp;h=3741893231&amp;u=https%3A%2F%2Fwww.jllt.com%2Fasset-beacon%2F&amp;a=JLL+Asset+Beacon">JLL Asset Beacon</a>, a software-as-a-service (SaaS) technology platform that integrates data across asset management functions to create a real-time, end-to-end view of performance—whether it's a single asset, fund, or the entire portfolio.
JLL Asset Beacon provides CRE professionals with accurate, integrated data to make informed decisions faster, optimize portfolio performance, mitigate risks, and identify opportunities for value creation.&nbsp;This private and secure hub captures all financial, operational, and leasing data and documents to provide a single source of truth with robust and customizable data visualization and reporting capabilities.
JLL's generative AI capabilities, powered by the recently launched <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4306203-1&amp;h=3492607623&amp;u=https%3A%2F%2Fwww.us.jll.com%2Fen%2Fsolutions%2Fai&amp;a=JLL+Falcon">JLL Falcon</a> platform, such as lease abstraction, entity resolution, and natural language query functionality will be integrated into JLL Asset Beacon, allowing users to unlock the potential of AI to organize and derive insights from their proprietary data.

JLL And Slate Asset Management Announce Technology Joint Venture To Tackle Data Challenges For Real Estate Investors

Keefe, Bruyette &amp; Woods analyst Jade Rahmani maintains Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) with a Market Perform and raises the price target from $280 to $292.

Keefe, Bruyette & Woods Maintains Market Perform on Jones Lang LaSalle, Raises Price Target to $292

General

Jones Lang LaSalle shares are trading higher after the company reported better-than-expected Q3 financial results.

Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) reported quarterly earnings of $3.50 per share which beat the analyst consensus estimate of $2.81 by 24.56 percent. This is a 59.82 percent increase over earnings of $2.19 per share from the same period last year. The company reported quarterly sales of $5.869 billion which beat the analyst consensus estimate of $1.915 billion by 206.50 percent. This is a 14.83 percent increase over sales of $5.111 billion the same period last year.

Jones Lang LaSalle Q3 2024 Adj. EPS $3.50 Beats $2.81 Estimate, Sales $5.869B Beat $1.915B Estimate

Jones Lang LaSalle's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) short percent of float has fallen 9.76% since its last report. The company recently reported that it has 891 thousand shares sold short, which is 2.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.97 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Jones Lang LaSalle Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729256415_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Jones Lang LaSalle has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Jones Lang LaSalle's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Jones Lang LaSalle's peer group average for short interest as a percentage of float is 6.45%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) has outperformed the market over the past 20 years by 2.6% on an annualized basis producing an average annual return of 11.04%. Currently, Jones Lang LaSalle has a market capitalization of $12.67 billion. 
Buying $1000 In JLL: If an investor had bought $1000 of JLL stock 20 years ago, it would be worth $8,100.00 today based on a price of $266.92 for JLL at the time of writing.
<h3>Jones Lang LaSalle's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727813031_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Raise strengthens JLL's platform with market-leading technology for the full leasing lifecycle

JLL To Acquire Raise Commercial Real Estate; Terms Not Disclosed

Jones Lang LaSalle's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) short percent of float has risen 3.7% since its last report. The company recently reported that it has 1.02 million shares sold short, which is 2.52% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.06 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Jones Lang LaSalle Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726598722_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Jones Lang LaSalle has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Jones Lang LaSalle's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Jones Lang LaSalle's peer group average for short interest as a percentage of float is 6.48%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(JLL) - Analyzing Jones Lang LaSalle's Short Interest

JLL Hotels &amp; Hospitality group arranged acquisition financing for the 1,641-key convention center resort near Orlando's top tourist attractions
ORLANDO, Aug. 19, 2024 /PRNewswire/ -- <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4235782-1&amp;h=1637585592&amp;u=http%3A%2F%2Fwww.jll.com%2F&amp;a=JLL">JLL</a>&nbsp;Hotels &amp; Hospitality group announced today that it secured $620 million in acquisition financing for Hyatt Regency Orlando, a 1,641-key, AAA Four Diamond resort in Orlando, Florida.
JLL represented affiliates of RIDA Development Corporation and an Ares Management Real Estate fund to secure the floating-rate, five-year loan through Wells Fargo, Bank of America and Deutsche Bank on behalf of borrowers.
This premier resort offers spacious guest rooms averaging 453 square feet and suites averaging 846 square feet. The accommodations feature marble-accented bathrooms, sleeper sofas, mini-fridges and 65-inch streaming TVs.
Guests can also enjoy in a variety of amenities, including six dining options, a 24-hour fitness center, tennis courts, a spa and an outdoor pool. Furthermore, the hotel features 315,000 square feet of meeting and event space along with its three direct connections to the Orange County Convention Center ("OCCC"), the second largest convention center in the United States.
Located at 9801 International Drive, the property also provides exceptional proximity to top Orlando demand generators, such as Walt Disney World and Universal Studios. Both attractions are conveniently less than a 15-minute drive away. Additionally, Universal Orlando is constructing Epic Universe, its largest theme park in the United States spanning 750 acres, situated just minutes from the hotel. Epic Universe is set to open in 2025.
The JLL Hotels &amp; Hospitality team was led by Americas CEO Kevin Davis, Managing Director Mike Huth and Senior Director Barnett Wu.

Financing

JLL Hotels & Hospitality Group Secures $620M In Acquisition Financing For Hyatt Regency Orlando, Florida

The housing market is in flux, with home prices at record highs amid a demand and supply imbalance. Elevated mortgage rates – seen as a function of <a href="https://www.benzinga.com/economics/macro-economic-events/24/08/40365730/july-inflation-rate-falls-more-than-expected-supports-hopes-for-large-fed-rate-cu">interest rates at a 22-year high</a> and inflation, which is eating away into disposable income – are constraining purchases. In the wake of all this, NextEra Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) CEO John Ketchum recently lauded Florida as a thriving market for housing as well as commercial and industrial construction.
The Florida Housing Market: The Sunshine State has the distinction of being the biggest housing market in the country. Despite California having the twice as many residents, Florida has nearly double the number of home listings, <a href="https://www.realtor.com/news/trends/florida-housing-market-condos-home-prices-coast-inland/">said</a> Realtor.com in a recent report. It is a bellwether state &#8220;consistently attracting people from around the globe due to its significant tax advantages, perfect weather, and booming economy,&#8221;  Jenny Lenz, the managing director of Dolly Lenz Real Estate, told the website.
The report characterized the housing market in the state as split, with condominium prices on the coasts falling due to high insurance costs and assessment fees, while single-family home cost remained steady inland.
Recent data from Redfin showed that the median sale price of a home in Florida rose 2.3% year-over-year to $419,200, lower than the nationwide median price of $426,900. Although marking a decline from the April 2024 peak, home prices are still near the record levels, the real-estate company said. That said, the number of homes sold fell 14.1%, while inventory rose 16%.
While all roads led to Florida following the pandemic due to the state&#8217;s pulling points, things are changing now, a U.S. News report <a href="https://realestate.usnews.com/real-estate/articles/is-floridas-housing-market-in-trouble">said</a>. The deterrents are the expensive homeowner&#8217;s insurance due to hurricane threat in the state, higher home prices and the increase in property taxes.
See Also: <a href="https://www.benzinga.com/money/best-real-estate-stocks-right-now">Best Real Estate Stocks Right Now</a>
Commercial Real Estate &#8211; Risks &amp; Opportunities: After a tough year in 2023, the commercial real estate market nationwide is expected to bounce back this year as the Fed is widely expected to cut rates this year.
A report from the National Association of Realtors <a href="http://www.nar.realtor/sites/default/files/documents/2024-03-commercial-real-estate-market-insights-03-26-2024.pdf">noted</a> a troubled office sector, with falling lending activity and rising office availability and delinquencies. The office vacancy rate nationwide rose to a new record of 13.8% in February, it said. Leasing activity, a proxy for demand and interest, has dropped about 50 percentage points below pre-pandemic levels. Among other commercial real estate segments, multi-family was recovering from lows, retail spaces continued to slowdown and the industrial segment is showing signs of a slowdown.
NAR&#8217;s report flagged a sharp increase in rent for industrial spaces in Florida cities such as Orlando, Jacksonville and Tampa, with the spike attributed to strong demand for warehouse properties. The increases are in the magnitude of 10% from last year, it said.
That said, there is a looming risk. The low financing costs buyers are availing now could soon become a thing of the past, <a href="https://www.godfreylegal.com/what-2024-will-bring-for-commercial-real-estate-in-florida/#:~:text=2024%20will%20not%20be%20all,soon%20come%20to%20an%20end.">said</a> Godfrey Legal. It reasoned that many loans on commercial properties will mature later this year and in the upcoming year, with about $1.5 trillion in commercial real estate debt maturing. The terms of fresh loans or refinancing will likely be tougher, 
Corporates Make Beeline To Florida: Companies, especially big techs, which typically are based out of either the Silicon Valley or New York, are looking toward Florida, with many already having made the move. Ken Griffin's Citadel and Citadel Securities have permanently moved their headquarters to Miami. Amazon founder Jeff Bezos has shifted base out of Seattle to Florida, citing the need to be near his space venture Blue Origin.
Defense contractor Lockheed Martin has relocated its Space division headquarters to Titusville, Florida. JPMorgan has doubled down its presence in the state. <a href="https://www.benzinga.com/markets/equities/24/06/39457393/what-going-on-with-jp-morgan-shares-today">The big bank said in June that its downtown Miami office will double in size</a> from 80,000 square feet to 160,000 square feet in part to accommodate 400 additional employees. &#8220;Miami and South Florida are home to an increasing number of our clients, customers, community partners and employees, and a strategic location for our operations in Latin America as well,&#8221; said Jonathan Bello, head of Chase for Business Miami.
Florida is the fourth biggest state in terms of GDP, according to Bureau of Economic Analysis. The state also boasts of the highest population growth and it attracts remote workers due to the low cost of living, especially in northeast Florida, <a href="https://www.forbes.com/councils/forbesbusinesscouncil/2022/06/22/three-reasons-why-my-company-is-moving-to-florida/">said </a>Forbes contributor Gilda D&#8217;Incerti.
Potential Beneficiaries: With industry players and watchers betting on Florida&#8217;s housing and commercial real estate markets, real estate and utility companies operating in the state stand to gain big. Commercial real estate services and investment&nbsp;company, CBRE Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>), Jones Lang LaSalle Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) and Cushman &amp; Wakefield plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWK#NYSE">CWK</a>), homebuilder Lennar Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) and M/I Homes, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MHO#NYSE">MHO</a>), LGI Homes, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGIH#NASDAQ">LGIH</a>) and Meritage Homes Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTH#NYSE">MTH</a>) have big presence in the state.
Among utility companies operating in Florida are NextEra and Duke Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>).
Read Next: 
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The real estate sector looks poised to grow due to increasing urbanization and the growing integration of technology in the industry. Therefore, it could be wise to explore investments in robust real estate stocks such as AMREP (AXR), FirstService (FSV), and Jones Lang LaSalle (JLL). Keep reading... The real estate market is expected to grow amid a resilient rental market, and evolving demands in residential and commercial sectors. Therefore, fundamentally strong real estate stocks, AMREP Corporation (<a href="https://stocknews.com/stock/AXR/">AXR</a>), FirstService Corporation (<a href="https://stocknews.com/stock/FSV/">FSV</a>), and Jones Lang LaSalle Incorporated (<a href="https://stocknews.com/stock/JLL/">JLL</a>) might be worth watching.
The global real estate market is expected to grow at a <a href="https://www.imarcgroup.com/real-estate-market">CAGR of 1.8%</a> by 2033. The market is experiencing steady growth driven by rapid urbanization, changing lifestyle trends, e-commerce growth, inflating disposable incomes of individuals, infrastructure development and improvements, remote work, demographic shifts, and favorable government policies.
The <a href="https://www.expertmarketresearch.com/reports/united-states-real-estate-market">increasing use of technology</a> in the real estate sector is further driving the real estate market growth. Utilization of dedicated apps and websites is enabling easier access to a wider range of properties with virtual reality offering immersive experiences remotely. Through technology, users can browse real estate located anywhere in the country and streamline the various rental and purchasing processes.
Considering this favorable backdrop, let's assess the fundamentals of the three Real Estate picks.
Stock #3: AMREP Corporation (<a href="https://stocknews.com/stock/AXR/">AXR</a>)
AXR engages in the real estate business in the United States. It operates through two segments, Land Development and Homebuilding. The company markets and sells developed and undeveloped lots to homebuilders, commercial, and industrial property developers through brokers.
AXR's 111.9% trailing-12-month FFO to gross margin is 78.8% higher than the industry average of 62.58%. Furthermore, the stock's 5.63% trailing-12-month ROTC is 164.5% higher than the industry average of 2.13%.
AXR's revenues for the first quarter ended July 31, 2024, was reported at $19.09 million, up 85.5% year-over-year. Net income grew 200.7% year-over-year to $4.06 million. Earnings per share increased 204% year-over-year to $0.76.
The stock gained 67.5% over the past nine to close the last trading session at $35.40.
AXR's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, which translates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
AXR also has a B grade for Sentiment and Growth. It is ranked #4 out of 46 stocks in the  <a href="https://stocknews.com/category/real-estate-services/">Real Estate Services</a> industry.
Beyond what is stated above, we've also rated AXR for Momentum, Stability, Quality, Value. Get all AXR ratings <a href="https://stocknews.com/stock/AXR/">here</a>.
Stock #2: FirstService Corporation (<a href="https://stocknews.com/stock/FSV/">FSV</a>)
FSV provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands.
In terms of the trailing-12-month interest coverage, FSV's 4.07% is 124.6% higher than the 1.81% industry average. Its 2.63% trailing-12-month ROTA is 62.3% higher than the 1.62% industry average.
FSV's revenues for the fiscal third quarter that ended September 30, 2024, increased 6.5% year-over-year to $1.40 billion. Adjusted net earnings and adjusted earnings per share stood at $73.77 million and $1.63, up 31% and 30.4% year-over-year, respectively.
For the third quarter ending September 2024, GLPI's revenue is expected to increase 25% year-over-year to $385.19 million. Its FFO for the same quarter is expected to increase 3% year-over-year to $0.97. GLPI surpassed the consensus revenue estimates in each of the trailing four quarters.
FSV gained 35.6% over the past six months to close its last trading session at $194.80.
FSV has an overall B rating, equating to a Buy in our proprietary rating system.
FSV has an A grade for Growth and a B for Sentiment and Stability. It is ranked #3 out of 46 stocks in the same industry.
For additional FSV's Momentum, Quality, and Value, click <a href="https://stocknews.com/stock/FSV/">here</a>.
Stock #1: Jones Lang LaSalle Incorporated (<a href="https://stocknews.com/stock/JLL/">JLL</a>)
JLL operates as a commercial real estate and investment management company. It engages in the buying, building, occupying, managing, and investing in a commercial, industrial, hotel, residential, and retail properties in Americas, Europe, the Middle East, Africa, and the Asia Pacific.
On November 19, 2024, JLL and Slate Asset Management announced a joint venture to commercialize Slate's best-in-class technology platform for commercial real estate (CRE) professionals. The result is JLL Asset Beacon, a software-as-a-service (SaaS) technology platform that integrates data across asset management functions to create a real-time, end-to-end view of performance—whether it's a single asset, fund, or the entire portfolio.
JLL's 5.72% trailing-12-month interest coverage is 215.7% higher than the industry average of 1.81%. Furthermore, the stock's 2.68% trailing-12-month ROTA is 65.7% higher than the industry average of 1.62%.
JLL's revenue increased 15% year-over-year to $1.14 billion during the second quarter ended September 30, 2024. Its adjusted EBITDA rose 78% from the year-ago value to $151.90 million. The company's net income increased 161% year-over-year to $154.80 million and grew 160.2% year-over-year to $3.20.
Street expects JLL's revenue for the fourth quarter ended December 2024 to increase 11.4% year-over-year to $6.55 billion. For the same quarter, the company's EPS is expected to grow 38.3% year-over-year to $5.85. Furthermore, the company surpassed the consensus EPS estimates in each of the trailing four quarters.
JLL's stock has gained 51% over the past nine months and 81.7% over the past year to close the last trading session at $282.22.
It's no surprise that JLL has an overall rating of A, which translates to Strong Buy in our POWR Ratings system.
JLL has a B grade for Growth, Sentiment, and Quality. It is ranked first out of 46 stocks in the same industry.
For additional JLL's Momentum, Stability, and Value, click <a href="https://stocknews.com/stock/JLL/">here</a>.
What To Do Next?
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<hr />
AMT shares were trading at $209.00 per share on Friday afternoon, down $0.30 (-0.14%). Year-to-date, AMT has declined -0.79%, versus a 27.97% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/amt-fsv-jll-3-real-estate-companies-capitalizing-on-market-trends/>3 Real Estate Companies Capitalizing on Market Trends</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Real Estate Companies Capitalizing on Market Trends

Goldman Sachs initiated coverage of JLL (JLL) with a Buy rating and $352 price target JLL is well positioned to benefit from an upturn in its broke...

JLL initiated with a Buy at Goldman Sachs

Keefe Bruyette upgraded JLL (JLL) to Outperform from Market Perform with a price target of $325, up from $292. With positive factors in place for t...

JLL upgraded to Outperform from Market Perform at Keefe Bruyette

Jones Lang LaSalle raised to Outperform as KBW sees 'significant' margin expansion

JPMorgan raised the firm's price target on JLL (JLL) to $327 from $263 and keeps an Overweight rating on the shares. The firm remains constructive ...

JLL price target raised to $327 from $263 at JPMorgan

Tracking John Rogers' Ariel Investments Portfolio - Q3 2024 Update

JLL secures $357.8M acquisition financing for industrial portfolio

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