NYSE:JLLReal Estate
Could JLL’s $255 Million Journal Squared Deal Signal a Shift in Its Urban Strategy?
In late July 2025, Jones Lang LaSalle’s Capital Markets group secured a US$255 million, 12-year fixed-rate refinancing for Journal Squared III, a newly constructed 58-story luxury high-rise in Jersey City, on behalf of a venture between Kushner Real Estate Group and National Real Estate Advisors.
This transaction underscores JLL’s influence in arranging large-scale, long-term real estate financings and highlights its role in revitalizing rapidly developing urban areas through high-profile...