Wall Street is buying up family homes. The rent checks are too juicy to ignore [CNN]
Jones Lang LaSalle Incorporated (JLL)
Last jones lang lasalle incorporated earnings: 2/11 07:30 am
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Source: CNN
Pension funds, investment firms and Wall Street banks are snapping up family homes in Europe and the United States at a rapid pace as prices rocket higher, looking for alternatives to lockdown-hit office parks and shopping malls , and betting that a permanent increase in remote working following the coronavirus pandemic will keep demand for suburban houses elevated At the same time, the soaring cost of home ownership means that growing numbers of younger Americans and Brits renting rather than buying houses as they start families and gravitate toward the suburbs. Some of them may find their next landlord is based on Wall Street or in London's financial district. Analysts argue that this will improve standards in the rental sector and offer more choice in desirable neighborhoods. But some tenants who rent from corporate landlords dispute this, alleging substandard services and excessive rent increases. The impact on house prices is less obvious. If institutions help build new ho
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JLL
News
- Jones Lang LaSalle Incorporated (NYSE:JLL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock? [Yahoo! Finance]Yahoo! Finance
- Demand for Office Space Grows Amid Subsiding Work-from-Home Rates [Yahoo! Finance]Yahoo! Finance
- Icehouse on Minneapolis' Eat Street facing eviction for unpaid rent [Yahoo! Finance]Yahoo! Finance
- JLL Income Property Trust Completes Full Cycle Transactions in DST Platform [Yahoo! Finance]Yahoo! Finance
- $290M construction financing secured for Dallas Class AA trophy office tower [Yahoo! Finance]Yahoo! Finance
JLL
Earnings
- 2/27/24 - Beat
JLL
Sec Filings
- 4/12/24 - Form ARS
- 4/12/24 - Form DEF
- 4/12/24 - Form DEFA14A
- JLL's page on the SEC website