The Latest

JLL CEO Christian Ulbrich (Photo via Jll/Twitter; Photo Illustration by Kevin Rebong for The Real Deal)
National

JLL earnings fell 24% in 2020

JLL’s earnings fell by nearly a quarter in 2020, driven by a sharp decline in leasing revenues. Adjusted EBITDA fell 24 percent last year to $860 million, the global brokerage announced Tuesday. The drop...

JLL earnings fell 24% in 2020
Kim Martin-Fisher and Jennifer Martin Faulkner and Liz Lopez

Movers & Shakers: RelatedISG names vice president & more

UPDATED, Jan. 11, 12:15 p.m.: RelatedISG International Realty promoted Liz Lopez to vice president. Lopez, previously a sales manager,...

Movers & Shakers: RelatedISG names vice president & more
JLL CEO Christian Ulbrich, Trump International Hotel in Washington DC and Donald Trump (Getty; Trump Hotels)
National

JLL backs out of selling Trump’s DC hotel

JLL has dropped its involvement with the effort to sell President Donald Trump’s Washington, D.C., hotel. The real estate brokerage is ‘“not going to be involved in selling that hotel,” a JLL spokesperson told...

JLL backs out of selling Trump’s DC hotel
JLL CEO Christian Ulbrich and CBRE CEO Bob Sulentic (Getty; CBRE; Pixabay)
National

JLL, CBRE keep cutting as recovery drags

The commercial real estate industry’s biggest service firms continue to slash expenses as the economic slowdown squeezes their business. UPDATED, Nov. 2, 4:38 p.m.: JLL and CBRE recently made layoffs and budget cuts to...

JLL, CBRE keep cutting as recovery drags
Robert M. Swedroe and Steve Levine

Movers & Shakers: South Florida architecture firms merge & more

South Florida architectural firms Swedroe Architecture and Rex Nichols Architects formed a joint venture partnership. The new firm, called...

Movers & Shakers: South Florida architecture firms merge & more
Former JLL employee sues alleging toxic “boys club”
New York

Former JLL employee sues alleging toxic “boys club”

A former associate in JLL’s New York City office alleges she was fired after speaking up about what she...

Former JLL employee sues alleging toxic “boys club”
JLL CEO Christian Ulbrich (Ulbrich by Jemal Countess/Getty Images for Women's Forum of New York)
New York

JLL profits halved by pandemic

JLL’s profitability fell by more than half during the second quarter as fees from brokering office leases around the world slowed to a trickle. JLL, the second-biggest real estate services firm in the world,...

JLL profits halved by pandemic
JLL CEO Christian Ulbrich (Ulbrich by JP Yim/Getty Images for Women's Forum of New York)
National

JLL predicts coronavirus’ impact to extend past 2020

As the coronavirus crisis cripples property sales and leasing, JLL’s latest financials may offer a glimpse of what’s ahead...

JLL predicts coronavirus’ impact to extend past 2020
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