Wall Street is buying up family homes. The rent checks are too juicy to ignore [CNN]
Jones Lang LaSalle Incorporated (JLL)
Last jones lang lasalle incorporated earnings: 2/11 07:30 am
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Source: CNN
Pension funds, investment firms and Wall Street banks are snapping up family homes in Europe and the United States at a rapid pace as prices rocket higher, looking for alternatives to lockdown-hit office parks and shopping malls , and betting that a permanent increase in remote working following the coronavirus pandemic will keep demand for suburban houses elevated At the same time, the soaring cost of home ownership means that growing numbers of younger Americans and Brits renting rather than buying houses as they start families and gravitate toward the suburbs. Some of them may find their next landlord is based on Wall Street or in London's financial district. Analysts argue that this will improve standards in the rental sector and offer more choice in desirable neighborhoods. But some tenants who rent from corporate landlords dispute this, alleging substandard services and excessive rent increases. The impact on house prices is less obvious. If institutions help build new ho
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News
- Secondcell Bio to Chair UAE BioTech Symposium in Masdar City, Abu DhabiPR Newswire
- The New Playground For Affluent Shoppers: Why Luxury Brands Are Flocking To Malls [Forbes]Forbes
- CREFC Center for Real Estate Finance Announces Fifth Annual CREFC Scholars Recipients [Yahoo! Finance]Yahoo! Finance
- Tanger: Fast Dividend Growth And Attractive Valuation [Seeking Alpha]Seeking Alpha
- Jones Lang LaSalle Incorporated (NYSE: JLL) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
JLL
Earnings
- 8/6/24 - Beat
JLL
Sec Filings
- 9/19/24 - Form 4
- 8/6/24 - Form 10-Q
- 8/6/24 - Form 8-K
- JLL's page on the SEC website