JLL elects Nabeel Al-Amudi and Toni Townes-Whitley to its Board of Directors

(NYSE:JLL) Jones Lang LaSalle Incorporated announced the election of Nabeel Al-Amudi and Toni Townes-Whitley as independent, non-executive members of its Board of Directors, effective December 1, 2026. With these appointments, the JLL Board will expand to 13 members. Nabeel Al-Amudi brings experience in investment management, energy, ports, transportation infrastructure, and government leadership. He is currently senior advisor and vice chairman of Olayan Financing Company, which is a private investment company of the Olayan Group with operating entities in Saudi Arabia, and previously served as the company's CEO. Al-Amudi has also served as Saudi Arabia's minister of transport and as president and vice chairman of the Saudi Ports Authority. He spent over two decades at Saudi Aramco, including as president of Aramco Services Company (now Aramco America). Al-Amudi currently serves on the Board of Mobily, the second largest mobile operator in Saudi Arabia, and on several private company boards. Toni Townes-Whitley brings experience in technology, public sector, regulated industries, and large-scale corporate leadership. She most recently served as CEO of Science Applications International Corp. (SAIC), and previously held senior roles at Microsoft Corp., including president of U.S. Regulated Industries and corporate vice president of Worldwide Public Sector and Industry. Townes-Whitley also held senior leadership roles at CGI Inc., Unisys Corp., and Arthur Andersen, and currently serves on the Board of Nasdaq Inc. and Thurgood Marshall College Fund (TMCF). Siddharth N. (Bobby) Mehta is Chairman of the JLL Board of Directors. Christian Ulbrich is CEO of JLL. Al-Amudi holds a Juris Doctor degree from Harvard Law School and a bachelor's degree in chemical engineering from Stanford University. Townes-Whitley holds a bachelor's degree from Princeton University. Other JLL Board members include Matthew Carter, Jr., Susan Gore, Tina Ju, Bridget Macaskill, Deborah McAneny, Moses Ojeisekhoba, Jeetu Patel, Larry Quinlan, and Efrain Rivera. JLL reported annual revenue of $26.1 billion and had a global workforce of approximately 112,000 as of September 30, 2026. The company operates in over 80 countries. JLL provides commercial real estate services and investment management, including through LaSalle Investment Management, which invests globally in private assets and publicly traded real estate securities.

JLL arranges $463M bridge financing for 8-property multifamily portfolio

(NYSE:JLL) JLL's Capital Markets group arranged $463 million in bridge financing for an eight-property, 2,412-unit Class A multifamily portfolio developed by Thompson Thrift. The construction take-out financing is secured by 2,412 Class A units spanning seven high-growth markets nationwide, including Florida, Georgia, and Arizona. Barings provided the floating-rate construction take-out loan for the newly delivered properties, which were completed on a phased basis throughout 2025 and 2026. The portfolio covers seven MSAs: Orlando, Pensacola, North Port-Sarasota-Bradenton, Vero Beach, Palm Bay-Melbourne-Titusville, Atlanta, and Phoenix, offering significant geographic diversification. The properties include Standard441 in Orlando (300 units), The Quinn in Pensacola (324 units), The Pullman in Atlanta (276 units), Stella in Phoenix (308 units), The Stadler in North Port-Sarasota-Bradenton (280 units), Verity in Vero Beach (276 units), The Junction at Rockledge in Palm Bay-Melbourne-Titusville (380 units), and The Hadley in North Port-Sarasota-Bradenton (268 units). Units range from 268 to 380 per property, with an average unit size of 1,023 square feet. Each property features luxury amenities such as 24-hour fitness centers, resort-style swimming pools, resident social hubs with coffee bars, pickleball courts, dog parks with pet spas, business centers, and outdoor spaces. Unit interiors include gourmet kitchens with stainless steel appliances, quartz or granite countertops, smart home technology, full-size washers and dryers, and private balconies or patios. Thompson Thrift tailored each property to fit the demand profile of its micro location, positioning them near retail corridors, major employers, military and aerospace facilities, and transportation arteries. JLL's Capital Markets Debt Advisory team representing the borrower was led by Senior Managing Director Danny Kaufman, Director Medina Spiodic, CEO and Executive Managing Director Mark Gibson, and Executive Managing Director Matthew Lawton. JLL's Capital Markets group has more than 3,000 specialists worldwide and operates in nearly 50 countries. JLL reported annual revenue of $26.1 billion and a global workforce of more than 112,000 as of June 30, 2026. Thompson Thrift has developed more than $7.9 billion in ground-up real estate projects across 25 states and employs more than 675 team members. Barings is a $502 billion global alternative asset manager as of June 30, 2026.

JLL Reports Financial Results for Second-Quarter 2026

(NYSE: JLL) Jones Lang LaSalle Incorporated reported a record second-quarter diluted earnings per share of $4.59, up 98% in USD and 100% in local currency compared to the prior-year quarter. Adjusted diluted earnings per share was $5.26, representing a 59% increase in USD and 61% in local currency. Revenue for the quarter was $6,927.9 million, up 11% in USD and 10% in local currency, with net income attributable to common shareholders rising 92% in USD and 94% in local currency to $215.6 million. Adjusted EBITDA increased 32% in USD and 33% in local currency to $386.3 million, and cash flows from operating activities rose to $488.1 million, up $155.3 million (47%) from the prior-year quarter. Share repurchases totaled $110 million for the quarter and $410 million for the first half of 2026, with $2.6 billion remaining authorized for repurchase as of June 30, 2026. The company completed a $200 million Accelerated Share Repurchase program, resulting in the receipt of approximately 51,200 additional shares. The company projects full-year Adjusted EPS growth of 34% year-over-year at the mid-point.

Ian Rodger to Join Water Tower Research Fireside Chat on the McDermitt Lithium Project and Nasdaq Listing Plans on Thursday, July 16, 2026

(ASX:JLL, OTCPK:CSTAF) HiTech Minerals Inc., a wholly owned subsidiary of Jindalee Lithium Limited, and Constellation Acquisition Corp. I announced that Ian Rodger, Chief Executive Officer of HiTech Minerals and incoming Chief Executive Officer of US Elemental Inc., will participate in the Water Tower Research Fireside Chat Series on Thursday, July 16, 2026 at 2:00 pm ET. The Company expects to list on Nasdaq under the ticker symbol "ULIT" upon completion of its proposed business combination with Constellation. Jindalee Lithium completed a Pre-Feasibility Study in November 2024 confirming McDermitt’s scale, long-life, and low-cost production potential, with strong engagement from US government agencies, including the Department of Energy. Antarctica Capital, LLC, sponsor of Constellation, is an international investment firm headquartered in New York with $10 billion of assets under management as of December 31, 2025. US Elemental Inc.'s portfolio includes the McDermitt Lithium Project in Oregon and the Clayton North Project in Nevada. The Company’s projects are positioned to support growing demand for battery materials and critical minerals in the United States. The company projects anticipated benefits of the Transaction and projected future financial and operational performance following the Transaction.

JLL climbs to #175 on Fortune 500 list

(NYSE:JLL) announced that JLL ranked #175 on the 2026 Fortune 500 ® list, up from #188 in 2025. The company reported annual revenue of $26.1 billion and operates in over 80 countries. JLL has a global workforce of more than 113,000 as of March 31, 2026. The advancement in ranking is attributed to strong revenue performance and continued execution of strategic growth initiatives. JLL's Accelerate 2030 strategy is designed to drive innovation, deepen client partnerships, and expand leadership in markets and services such as AI-powered portfolio intelligence and sustainable building solutions. The company highlights investments in proprietary data, AI capabilities, and integrated global operations. Through LaSalle Investment Management, JLL invests for clients on a global basis in both private assets and publicly traded real estate securities.

JLL Reports Financial Results for First-Quarter 2026

Jones Lang LaSalle Incorporated (NYSE: JLL) reported record first-quarter diluted earnings per share of $3.33, up 192% in USD and 207% in local currency compared to the prior-year quarter. First-quarter revenue reached $6,386.5 million, an increase of 11% in USD and 9% in local currency. Adjusted EBITDA was $273.6 million, up 22% in USD and 24% in local currency. The company repurchased $300 million in shares this quarter and committed to an incremental €100 million investment in the LaSalle Encore+ Fund. Net income attributable to common shareholders was $159.0 million, up 188% in USD and 203% in local currency.