LaSalle completes $250M investment with Cortland [Yahoo! Finance]
Jones Lang LaSalle Incorporated (JLL)
Last jones lang lasalle incorporated earnings: 2/11 07:30 am
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Source: Yahoo! Finance
LaSalle Investment Management completed a $250 million co-investment alongside Cortland Enhanced Value Fund VI into a portfolio of 19 multifamily properties that Cortland acquired for $1.6 billion in November 2025, according to a Jan. 8 press release. LaSalle's investment will primarily support the value-add repositioning of the assets. The investment comprises 34% of the equity in the nearly 6,000-unit portfolio, which includes properties in metro Atlanta, Washington, D.C., and Northern Virginia. Cortland will operate and manage the individual properties. In December, UDR announced that it had closed a $230 million expansion of its joint venture with LaSalle. Under the terms of the transaction, UDR agreed to contribute four additional properties totaling 974 units with an average vintage of 1985 in Portland, Oregon; Orlando, Florida; and Richmond, Virginia; bringing the JV's total to 2,564 apartment homes. LaSalle's two transactions highlight its preference for partnering with
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News
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- JLL Announces Details of Fourth Quarter 2025 Earnings Release and Conference CallPR Newswire
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JLL
Earnings
- 11/5/25 - Beat
JLL
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- JLL's page on the SEC website