Tag Archives: capital markets

ConTech’s: The startups that are changing the world of construction

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Venture capitalists invested $1.05 billion in global construction technology (ConTech) in the first half of 2018. The investment volume of 2018 is already up nearly 30 percent over the 2017 total – and there’s still another six months left in the year. ConTech’s growth is enticing to users and investors alike, with investment growth actually outpacing overall tech startup investment growth in the United States.

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Value-add apartment communities attract investment to metro Phoenix

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JLL’s Capital Markets experts have arranged the sale and financing of a portfolio of six metro Phoenix apartment communities on behalf of a fund managed by DRA Advisors LLC of New York City and their joint-venture partner, Dallas-based Milestone Group. The buyer was a leading global institutional investor. DRA first bought the 1,751-unit portfolio in 2012.

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JLL stats go digital: Strong demand for office continues

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Solid fundamentals held through the first half of 2018 show signs of a continuing healthy market. Learn about the key trends impacting the office market by viewing our new digital stats landing page.

Report highlights include:

  • Construction increases: Construction ramped up during the second quarter of 2018 with over 2.7
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Phoenix office sales activity reached a strong $293 million in Q1

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In addition to the Phoenix office leasing marketing reaching its nineteenth straight quarter of positive office absorption, the office sales market also performed well with 18 sales totaling $293 million. The average price per square foot of these transactions was $139.07 with an average cap rate of 7.17%.

The top 10 buyers driving activity… Read More

Phoenix multifamily led secondary market activity in Q2 2017

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Optima Kierland

The significant decline of transactions in primary markets has sustained strong liquidity in secondary and even tertiary markets. As a result, secondary markets comprised 44.6 percent of total multifamily transaction volumes at midyear, a record for this indicator if analyzing the past nearly two decades. Phoenix and Denver led… Read More

JLL Phoenix awarded NAIOP’s Brokerage Firm of the Year

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The principal members of the Arizona Chapter of NAIOP voted JLL as the 2016 “Brokerage Firm of the Year” for making the most significant contributions to the Arizona office and industrial market. This is the third time in the past five years JLL has been honored with this award.

The recognition comes… Read More

The Phoenix market “runway” looks long and wide

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3131 E Camelback Road

JLL’s Q4 Office Investment Outlook identifies Phoenix as the sixth secondary market with the highest investment volume at $1.9 billion. Various sources predict strong growth within the local market for years to come:

  • Moody’s predicts 4.2% annual GMP growth in Phoenix for
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Phoenix one of six West region markets to drive multifamily rent growth

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Kitchen and living room of loft apartment

As multifamily rent growth begins to slow among the nation’s biggest markets, a few markets are maintaining their strong performance and driving positive trends over the forecast horizon. Phoenix is one such market in the West region that is expected to outperform due… Read More

JLL Boosts Phoenix Investment & Finance Platform with Two New Hires

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Dan Postal

In an effort to strengthen its already broad suite of finance and investment capabilities, JLL today announced the addition of two market experts in the firm’s Capital Markets group. Industry veteran Robert Kline has joined JLL’s Capital Markets, Finance unit as a Managing Director in the Phoenix office. Dan Postal has… Read More

U.S. multifamily sales maintain their accelerated pace, driven by secondary markets like Phoenix

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multifamilyq3investmentoutlookjpg-v2The national multifamily market maintains its momentum after another quarter of declining vacancy, steady absorption gains, and rising rents. All of these positive indicators continue to fuel investment activity as 2016 is on pace to exceed last year’s peak volume. Many of the national themes driving the multifamily market… Read More