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Real Estate Investment Banking Midwest Capital Markets Insightful
Real Estate Investment Banking
Midwest Capital Markets
Insightful
PARTNER
Ryan KieserASSOCIATE
Ben JacksonANALYST
Derek SiadakANALYST
Fiorentina MalkoVICE PRESIDENT
Ryan CahalanVICE PRESIDENT
Patrik ModigASSOCIATE
Debt and EquityP R O F E S S I O N A L S
Maggie ColemanMANAGING DIRECTOR
Charles JohannsEXECUTIVE VICE PRESIDENT
Brian WalshSENIOR VICE PRESIDENT
Dave HendricksonMANAGING DIRECTOR
Keith LargayMANAGING DIRECTOR
Tim NoonanMANAGING DIRECTOR
Chris HealdMARKETING MANAGER
Megan ReaganOPERATIONS MANAGER
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Our integrated suite O F I N V E S TO R S E RV I C E S
The power O F O N E P L AT F O R M
When you select JLL Capital Markets as your business partner, you get a single, agile integrated company with a client-centric approach to real estate. In a broader context, all of our firm is at your disposal — whether you collaborate with us to modify the status of a single asset or make a series of complex decisions that impact properties worldwide.
Why Choose JLL?
From acquisition identification, financing, to property disposition — and every stage in between — our integrated investor services team of agency leasing, property management and capital markets professionals know how to position your asset for success throughout the lifecycle of your investment.
J L L W O R L D W I D E
80COUNTRIES
$539MDAILY CMG TRANSACTIONS
300OFFICES
60,000PROFESSIONALS
C A P I TA L M A R K E T S
$140BGLOBAL VOLUME
$54BUS VOLUME
1,212TRANSACTIONS
560+PROFESSIONALS
D E B T & F I N A N C I N G
$80BGLOBAL VOLUME
$23.4BUS VOLUME
548TRANSACTIONS
125+PROFESSIONALS
2 J L L R E A L E S TAT E I N V E S T M E N T B A N K I N G2 J L L R E A L E S TAT E I N V E S T M E N T B A N K I N G
INSIGHTFULREAL ESTATE INVESTMENT BANKING
Platform CapabilitiesIntegrated Offerings Capital Markets
Financing Solutions Best Structure & Pricing On-the-Ground Access & Global Contacts
• Office• Industrial• Retail• Self Storage
• Hotel• Healthcare• Land• Multi Housing
• Dedicated relationships with the world’s premier lenders and capital sources.
• Cooperative, collective commitment to our clients’ goals.
• Deep insights into global capital flows and trends.
• Devising capitalization strategies to manage debt and equity placements across asset types.
• Leverage the International Capital Group to facilitate cross-border capital flows and investments.
• On-the-ground expertise through research, leasing and property management teams.
• Permanent Financing• Acquisition Financing• Construction Financing• Bridge Loans• Mezzanine Debt• Asset-Level Equity / JV Equity• Recapitalization Strategies
• Note Sales• Underwriting & Transaction Structuring• Market Research & Analysis• Opinions of Value• Value Realization Strategies• Acquisitions• Investment Property Sales
JLL Capital Markets LocationMidwest Region
Financing T R A N S A C T I O N S Midwest REIB completed $2.5 billion in debt and equity in 2015
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CaseStudies
AMOUNT $630 million
DATE 2015
LENDER Debt Fund & Bank
INVESTOR Private Equity
STRUCTURE Debt & Mezz
OUR ROLE Represented investor
AON Center | Chicago, ILOn behalf of 601W Companies, JLL sourced $630 million in financing for the acquisition of Aon Center, a 2.8 million square foot trophy office tower and a hallmark of the Chicago skyline. JLL secured senior financing from Bank of China as well as mezzanine debt from Blackstone.
OFF
ICE
AMOUNT $497 million
DATE 2014
LENDER Three Banks
INVESTOR Institutional Equity & State Pension Plan
STRUCTURE Debt & Equity
OUR ROLE Represented developer
150 North Riverside | Chicago, ILJLL was tasked with raising the entire capital stack for the development of this $500 million trophy office building in downtown Chicago. After a global search for capital, three domestic and foreign banks collaborated on the approximately $296 million construction loan, which included Bank of America, Helaba and RBS Citizens. Equity capital was provided as part of a joint venture partnership between affiliates of the Wanxiang America Real Estate Group, Heitman LLC, and the developer. The new building will serve as the global headquarters for both William Blair & Company and Hyatt Hotels.
DE
VE
LOP
ME
NT
AMOUNT $84 million (Hotel) & $44 million (Retail)
DATE 2014 & 2015
LENDER Bank (Hotel) & Debt Fund (Retail)
INVESTOR Developer
STRUCTURE Debt
OUR ROLE Represented investor
360 North Michigan | Chicago, ILJLL assisted Oxford Capital Group and Angelo, Gordon & Co. on separate financings for the construction of a 457-key lifestyle hotel as well as the redevelopment of the retail component of 360 North Michigan, one of the most well recognized and iconic buildings on Michigan Avenue.
HO
TEL
& R
ETA
IL
AMOUNT $131.5 million
DATE 2015
LENDER Bank
INVESTOR Institutional Equity
STRUCTURE Construction Debt & Mezz
OUR ROLE Represented developer
505 | Chicago, IL505 is a luxury multifamily development in the heart of Nashville at the southwest corner of Fifth Avenue and Church Street. The development is the result of strategic land assemblage that commenced over 28 years ago. Upon completion, 505 will be the tallest structure in Nashville (based on number of floors). JLL secured construction financing from Bank of the Ozarks as well as mezzanine debt from LaSalle on behalf of Giarratana Nashville.
MU
LTI-
FAM
ILY
4 J L L R E A L E S TAT E I N V E S T M E N T B A N K I N G
Executed Deal Highlights E X P E RT I S E
LOCATION Chicago, IL
PROPERTY Hotel
AMOUNT $95.3 million
DEAL TYPE Debt & Mezz
YEAR 2015
LOCATION Chicago, IL
PROPERTY Hotel
AMOUNT $98.2 million
DEAL TYPE Debt & Mezz
YEAR 2014
LOCATION Nashville, TN
PROPERTY Multifamily
AMOUNT $88.3 million
DEAL TYPE Debt, Equity & Mezz
YEAR 2014
LOCATION Chicago, IL
PROPERTY Office
AMOUNT $156 million
DEAL TYPE Debt
YEAR 2015
LOCATION Chicago, IL
PROPERTY Multifamily
AMOUNT $90.7 million
DEAL TYPE Debt & Equity
YEAR 2016
LOCATION Chicago, IL
PROPERTY Multifamily
AMOUNT $54.5 million
DEAL TYPE Preferred Equity & Mezz Debt
YEAR 2013 / 2015
Waldorf Astoria
SoBro
101 East Erie
333 West Wacker
Optima I & II
215 West Lake
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Executed Deal Highlights E X P E RT I S E
LOCATION Multiple
PROPERTY Industrial
AMOUNT $144 million
DEAL TYPE Debt
CLOSED 2015 & 2016
LOCATION St. Louis Park, MN
PROPERTY Retail
AMOUNT $53 million
DEAL TYPE Debt
CLOSED 2015
LOCATION Tempe, AZ
PROPERTY Student Housing
AMOUNT $30.5 million
DEAL TYPE Debt
CLOSED 2015
FedEx Portfolio I & II Shoppes at Knollwood Regents on University
LOCATION Miami, FL
PROPERTY Retail
AMOUNT $16.7 million
DEAL TYPE Debt
CLOSED 2015
LOCATION Denver, CO
PROPERTY Office
AMOUNT $121.5 million
DEAL TYPE Debt
CLOSED 2015
LOCATION Manteno, IL
PROPERTY Industrial
AMOUNT $18.2 million
DEAL TYPE Debt
CLOSED 2015
3800 North Miami 1331 & 1401 17th Street Mars Distribution Facility
LOCATION Plymouth, MN
PROPERTY Office
AMOUNT $34.8 million
DEAL TYPE Debt & Mezz
CLOSED 2015
LOCATION Scottsdale, AZ
PROPERTY Multifaily & Condo Dev.
AMOUNT $117.4 million
DEAL TYPE Debt & Equity
CLOSED 2015
LOCATION Pittsburgh, PA
PROPERTY Retail
AMOUNT $70.6 million
DEAL TYPE Debt
CLOSED 2015
505 Waterford Kierland Settlers Ridge
jll.com/mwcmgjll.com/investor
About JLLJLL (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 230 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 $56.4 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.
JLL Real Estate Investment Banking
200 East Randolph StreetSuite 4600Chicago, IL 60601
David HendricksonManaging [email protected]
Keith LargayManaging [email protected]
Tim NoonanManaging [email protected]
Brian WalshSenior Vice [email protected]
Fiorentina MalkoVice [email protected]
Charles JohannsExecutive Vice [email protected]
Maggie ColemanManaging [email protected]
