JLL - Public offerings

 Equity Capital to Accelerate Growth at Opportune Start of Real Estate Recovery Cycle CHICAGO, Nov. 7, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today that its Sponsor, Jones Lang LaSalle Incorporated (JLL), a leading global commercial real estate and investment management company, committed to make an additional co-investment of equity in the company. JLL will acquire $100 million of Income Property Trust's common stock at the daily NAV public offering price on the date of the investment. The proceeds will be used to acc

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) ("FBRT" or the "Company") today announced the closing of a $120 million loan facilitating the refinancing of a portfolio of 12 limited-service hotels located in California (7), Connecticut (3) and New Jersey (2). The portfolio totals 1,313 hotel rooms spread across six different hotel chains, including Residence Inn and Hilton Garden Inn. Driftwood Capital ("Driftwood"), a specialty hospitality capital provider, provided a co-terminus mezzanine loan for $20 million at closing, for a combined loan of $140 million. Ten of the 12 assets recently received significant renovations and the remaining two assets are completing renovations imminently. The B