Firm Expands Diversified Capital Markets Business in Washington, DC Region
WASHINGTON, DC--(Marketwired - Jul 5, 2016) - As part of a strategic move to expand its leading full-service Capital Markets
business in the Mid-Atlantic,
JLL (NYSE: JLL) today announced it has acquired Sage Capital Advisors, LLC ("Sage Cap"), an investment sales, equity and debt
advisory firm based in Chevy Chase, Maryland. Sage Cap has extensive expertise in joint ventures, recapitalizations, investment
sales, structured finance, construction loans and permanent financings across all property types, with a specific focus on trophy
institutional investment sales and debt and equity expertise for large-scale mixed-use developments.
"Sage Cap's extensive capital markets knowledge and deep institutional and private client relationships perfectly complement
JLL's platform, allowing us to give greater focus to the full spectrum of capital solutions for our clients," said Steve Collins,
Head of JLL Capital Advisors.
Sage Cap was formed in 2012 by John Duffy, Robert Donhauser and William Asbill. The trio joins JLL's Mid-Atlantic Capital
Markets team, as are Andrew Asbill, Elizabeth Johnston, and Maggie Duffy. Members of the firm have completed more than $21.5
billion in transactions with both foreign and domestic investors.
"Sage Cap's boutique, client-centric business model allowed us to be intimately involved with a select group of best-in-class
owners," said Duffy. "While this strategy has served our clients well, our abilities to meet or exceed their goals will be
significantly enhanced by aligning with a global real estate services firm. The culture, level of professionalism, business lines
and global platform inherent within JLL are unequalled in the industry. It was a logical and, therefore, easy decision for
us."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's
in-depth local market and global investor knowledge delivers the best-in-class solutions for clients -- whether a sale,
financing, repositioning, advisory or recapitalization execution. In 2015 alone, JLL Capital Markets completed $140 billion in
investment sale and debt and equity transactions globally. The firm's Capital Markets team comprises more than 2,000 specialists,
operating all over the globe.
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About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services
to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee
revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80
countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate
outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138
billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment
Management, has $58.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones
Lang LaSalle Incorporated. For further information, visit www.jll.com.