{"id":1004057377,"date":"2013-01-09T07:29:05","date_gmt":"2013-01-09T15:29:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004057377"},"modified":"2022-12-08T17:24:26","modified_gmt":"2022-12-09T01:24:26","slug":"jll-nabs-dallas-m-f-brokerage-firm","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jll-nabs-dallas-m-f-brokerage-firm\/","title":{"rendered":"JLL Nabs Dallas M-F Brokerage Firm"},"content":{"rendered":"<p><em>By Keith Loria, Contributing Editor<\/em><\/p>\n<div id=\"attachment_1004057379\" style=\"width: 160px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/01\/Vaghefi.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004057379\" data-attachment-id=\"1004057379\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jll-nabs-dallas-m-f-brokerage-firm\/vaghefi\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/01\/Vaghefi.jpg\" data-orig-size=\"565,480\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Vaghefi\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;JLL&#8217;s Jubeen Vaghefi&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/01\/Vaghefi.jpg?w=565\" class=\"size-thumbnail wp-image-1004057379\" title=\"Vaghefi\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/01\/Vaghefi.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><p id=\"caption-attachment-1004057379\" class=\"wp-caption-text\">JLL&#8217;s Jubeen Vaghefi<\/p><\/div>\n<p>Jones Lang LaSalle has acquired The Apartment Group, Ltd., a market-leading multi-family brokerage firm in Dallas.<\/p>\n<p>The Apartment Group\u2019s founder and president, Jeff Price, will join JLL as a managing director and lead the team, as well as the firm\u2019s overall multi-family platform in Texas.<\/p>\n<p>\u201cJeff Price\u2019s The Apartment Group is the right partner as it has some of Dallas\u2019 deepest multi-family experience and on-the-ground market intelligence that melds well with our national and global expertise,\u201d Jubeen Vaghefi, JLL\u2019s international director and leader of the firm\u2019s multi-family investment sales business, told <em>Commercial Property Executive<\/em>. \u201cAdditionally, we admire the firm for its professionalism, integrity, ethics and entrepreneurial spirit and felt that those traits match the way we do business.\u00a0The cultural fit between the two firms was significant in our decision. They bring a deep level of expertise and are highly regarded in the local community.\u201d<\/p>\n<p>The purchase is part of the company\u2019s ongoing effort to strategically expand the firm\u2019s overall Capital Markets platform.<\/p>\n<p>\u201cStrategic acquisitions are a part of our ongoing strategy to better serve our clients.\u00a0This, coupled with increasing client demand for leading multi-family services, the growth projections for the Texas marketplace and the fact that we found a partner that fits our cultural values, made this the ideal time to complete an acquisition,\u201d Vaghefi said. \u201cOver the past several years, we\u2019ve added market-leading multi-family teams in Florida, Washington, D.C., New York and New Jersey, Boston, Atlanta, Houston, Phoenix, Seattle, and Southern California\u2014once we find the right fit in San Francisco and Chicago, we\u2019ll be able to offer clients the most comprehensive platform in the United States.\u201d<\/p>\n<p>The acquisition allows JLL to nimbly respond to increased client demand in the Dallas-Fort Worth metro area caused by rising employment, tightening occupancies and a near tripling in the apartment construction pipeline.<\/p>\n<p>\u201cIn Texas, Jones Lang LaSalle has always had strong investment sale and debt and equity services, a robust tenant representation practice as well as deep landlord leasing and project management capabilities,\u201d Vaghefi said. \u201cWe\u2019re also looking into bringing on teams on Chicago and San Francisco.\u201d<\/p>\n<p>Over the past four years, JLL has added more than 75 multi-family sales and debt and equity specialists to its roster, and late last year, were approved as a Freddie Mac Multi-family Program Plus Seller\/Servicer in the state of Texas.<\/p>\n<p>The price of the deal was not disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JLL has acquired The Apartment Group, a market-leading multi-family brokerage firm in Dallas. <\/p>\n","protected":false},"author":451,"featured_media":1004057379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21783,21742],"tags":[],"class_list":["post-1004057377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-investment","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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