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JLL Chile

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uuid004oyxg

Namestring
JLL Chile
Legal namestring
Jones Lang LaSalle IP, Inc.
Websiteurl
jll.cl
Company typeenum
Public
Founded yearint
1783
Descriptiontext

JLL Chile is the Chilean operations of Jones Lang LaSalle (NYSE: JLL), a global commercial real estate services firm founded in 1783 and headquartered corporately through Jones Lang LaSalle IP, Inc. in the United States. The Chilean entity operates from a regional headquarters in Santiago with 17 employees and delivers integrated commercial real estate services — including property leasing, project management, portfolio administration, capital markets advisory, and investment consulting — to local and multinational corporate clients as well as private investors across the country. The business is positioned as part of JLL's broader Latin American footprint, leveraging global market intelligence, research capabilities, and a property listings portal (property.jll.com) to support cross-border client engagements.

The underlying technology stack includes JLL's enterprise-level AI-powered commercial real estate solutions and portfolio management systems, surfaced locally through an "AI for Commercial Real Estate" service line and supported by JLL Spark, a dedicated technology and innovation sub-brand focused on property technology. Services are delivered via consultative, relationship-driven enterprise sales through integrated account teams that manage clients from initial property search through transaction completion and ongoing portfolio management. The go-to-market combines direct enterprise engagement with digital channels, including the JLL Chile website and the JLL property portal, alongside participation in industry events and thought leadership content.

JLL Chile earns revenue through transaction fees on advisory mandates (leasing, acquisition, financing, and capital markets) and recurring managed services fees for ongoing portfolio administration. Pricing is quote-based and customized to client needs, property type, transaction value, and service scope, and is not publicly disclosed. The customer base is segmented primarily toward corporate clients with a secondary focus on private investors and family offices seeking commercial real estate investment exposure in Chile.

Short descriptiontext

JLL Chile is the Santiago-based Chilean operations of NYSE-listed Jones Lang LaSalle, providing commercial real estate leasing, portfolio management, project management, and capital markets advisory to corporate clients and private investors across Chile.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSantiago, Chile
HQ citystring
Santiago
HQ countrystring
Chile
HQ regionstring
Latin America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
commercial real estate services, property leasing brokerage, portfolio management services, capital markets advisory, investment real estate consulting
Industry3 codes
1Tenant Representation & Corporate Services Brokerage
CodeBPAJABAJPrimaryYes
2Capital Markets Advisory (Equity Placement, JV & Recapitalization)
CodeBPAJABALPrimaryNo
3Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships)
CodeBPAJANAFPrimaryNo
NAICS code4 codes
  • Offices of Real Estate Agents and Brokers5312
  • Offices of Real Estate Agents and Brokers531210
  • Nonresidential Property Managers531312
  • Other Activities Related to Real Estate531390
SIC code2 codes
  • Real Estate Agents & Managers (For Others)6531
  • Real Estate6500
Product category
Commercial Real Estate Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Commercial Real Estate Advisory Services
TypeTransaction Fee
Description

Advisory fees for property leasing, acquisition, financing, and investment consulting services for corporate clients in Chile.

jll.com
2Portfolio Management Services
TypeManaged Services
Description

Ongoing management fees for corporate portfolio administration and optimization services.

jll.com
3Capital Markets Advisory
TypeTransaction Fee
Description

Fees for investment banking, capital markets advisory, and private investor services for commercial real estate transactions.

jll.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1JLL Spark
Description

JLL's technology and innovation arm focused on property technology solutions

jll.com
Core offering1 text field

JLL Chile provides integrated commercial real estate services to corporate clients and investors in Chile, spanning the full real estate lifecycle from property identification and acquisition through financing, project management, and ongoing portfolio administration. Core offerings include property search and leasing, project and space administration, portfolio management, capital markets advisory for private investors, hybrid workspace solutions, and green building and leasing services. Services are delivered by integrated local and global client teams and are supported by JLL's proprietary market intelligence and AI-driven real estate analytics.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

JLL Chile operates as a regional office of Jones Lang LaSalle, offering commercial real estate services across the country. The company provides integrated services including property search and leasing, project management, space administration, and investment advisory. Services are delivered through multiple channels including the main JLL platform, property listing portals, and specialized service pages such as portfolio management, capital markets, hybrid workspace solutions, and green building services.

Product and service7 records
1Commercial Real Estate Services (Chile)
CategoryCommercial Real Estate Services
Description

Integrated commercial real estate services delivered in Chile for local and multinational clients, covering the full real estate lifecycle from property search and leasing through financing, project management, and ongoing portfolio administration.

2Property Search and Leasing
CategoryBrokerage and Leasing
Description

Brokerage and advisory service that helps corporate clients in Chile identify and lease commercial properties (office, industrial, retail) using the global JLL property listings platform and local market expertise.

3Portfolio Management Services
CategoryReal Estate Portfolio Management
Description

Ongoing managed services that administer and optimize corporate real estate portfolios in Chile, including space administration, portfolio performance improvement, and strategic real estate planning.

4Capital Markets and Private Investor Advisory
CategoryInvestment Advisory and Capital Markets
Description

Advisory services for private investors and family offices seeking to acquire, finance, manage, or divest commercial real estate investments in Chile, including transaction execution and exit strategy support.

5Hybrid Workspace Solutions
CategoryWorkplace Strategy and Consulting
Description

Advisory and implementation services that help corporate clients in Chile design, implement, and operate hybrid workplace strategies and future-of-spaces workplace models.

6Green Building and Leasing Services
CategorySustainability and Green Building Advisory
Description

Sustainability-focused leasing and green building advisory services that help corporate clients in Chile improve energy efficiency, achieve green building certifications, and support sustainability goals.

7AI for Commercial Real Estate
CategoryReal Estate Technology and Analytics
Description

Artificial intelligence-powered analytics and solutions applied to commercial real estate operations, portfolio optimization, and market analysis, enabling JLL Chile clients to make data-driven real estate decisions.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers9 records
TypeDirect peer
Description

Cushman & Wakefield Chile provides commercial real estate brokerage, valuation, and consulting services across Chile. It competes head-to-head with JLL Chile on leasing, capital markets, and corporate advisory mandates for multinational and local corporates.

TypeDirect peer
Description

Colliers Chile offers commercial real estate brokerage, project management, and capital markets services in Chile. It is a similarly structured global-affiliated firm competing with JLL Chile for corporate occupier and investor mandates.

TypeBroad incumbent
Description

JLL is the publicly traded global parent firm of JLL Chile. It operates across 80+ countries and provides the proprietary technology, data, and brand that JLL Chile leverages, while also serving as the direct competitor to other Chilean CRE firms on global accounts.

TypeEmerging player
Description

Avison Young is a global commercial real estate services firm with growing presence in Latin America. It competes with JLL Chile on commercial leasing, capital markets, and occupier advisory mandates.

TypeDirect peer
Description

CBRE Chile is the Chilean arm of CBRE Group, the largest global commercial real estate services firm. It offers the same full-suite of brokerage, capital markets, and property management services to corporate clients in Chile, making it the most direct competitor to JLL Chile.

TypeBroad incumbent
Description

BNP Paribas Real Estate provides commercial real estate advisory and transaction services across Europe and select global markets. While Chile presence may be limited, it competes with JLL globally for cross-border investor and corporate mandates that touch Chile.

TypeDirect peer
Description

Savills Chile provides commercial real estate advisory, valuation, and property management services. It targets similar corporate and investor clients in Chile as JLL Chile, with comparable global brand backing.

TypeDirect peer
Description

Knight Frank Chile operates as a global-affiliated commercial real estate agency offering brokerage, valuation, and advisory services to corporate clients in Chile, directly competing with JLL Chile on premium mandates.

TypeEmerging player
Description

Newmark Group is a global commercial real estate services firm expanding in Latin America. It offers comparable brokerage and capital markets services and overlaps with JLL Chile on cross-border corporate mandates in the region.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

JLL Chile

Commercial Real Estate Servicesjll.cl

JLL Chile is the Santiago-based Chilean operations of NYSE-listed Jones Lang LaSalle, providing commercial real estate leasing, portfolio management, project management, and capital markets advisory to corporate clients and private investors across Chile.

What JLL Chile does

JLL Chile is the Chilean operations of Jones Lang LaSalle (NYSE: JLL), a global commercial real estate services firm founded in 1783 and headquartered corporately through Jones Lang LaSalle IP, Inc. in the United States. The Chilean entity operates from a regional headquarters in Santiago with 17 employees and delivers integrated commercial real estate services — including property leasing, project management, portfolio administration, capital markets advisory, and investment consulting — to local and multinational corporate clients as well as private investors across the country. The business is positioned as part of JLL's broader Latin American footprint, leveraging global market intelligence, research capabilities, and a property listings portal (property.jll.com) to support cross-border client engagements.

The underlying technology stack includes JLL's enterprise-level AI-powered commercial real estate solutions and portfolio management systems, surfaced locally through an "AI for Commercial Real Estate" service line and supported by JLL Spark, a dedicated technology and innovation sub-brand focused on property technology. Services are delivered via consultative, relationship-driven enterprise sales through integrated account teams that manage clients from initial property search through transaction completion and ongoing portfolio management. The go-to-market combines direct enterprise engagement with digital channels, including the JLL Chile website and the JLL property portal, alongside participation in industry events and thought leadership content.

JLL Chile earns revenue through transaction fees on advisory mandates (leasing, acquisition, financing, and capital markets) and recurring managed services fees for ongoing portfolio administration. Pricing is quote-based and customized to client needs, property type, transaction value, and service scope, and is not publicly disclosed. The customer base is segmented primarily toward corporate clients with a secondary focus on private investors and family offices seeking commercial real estate investment exposure in Chile.

JLL Chile firmographics

Firmographics
Name
JLL Chile
Legal name
Jones Lang LaSalle IP, Inc.
Website
https://jll.cl
Company type
Public
Founded year
1783
Operating status
Operating
Headcount range
11–50 employees
Short description
JLL Chile is the Santiago-based Chilean operations of NYSE-listed Jones Lang LaSalle, providing commercial real estate leasing, portfolio management, project management, and capital markets advisory to corporate clients and private investors across Chile.
Ownership category
akta.pro rank

JLL Chile industry classification

Industry
Product category
Commercial Real Estate Services
NAICS
Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (531210), Nonresidential Property Managers (531312), Other Activities Related to Real Estate (531390)
SIC
Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)
akta.pro primary industry
Tenant Representation & Corporate Services Brokerage (BPAJABAJ)
akta.pro secondary industries
Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL), Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)

Keywords

  • Commercial real estate services
  • Property leasing brokerage
  • Portfolio management services
  • Capital markets advisory
  • Investment real estate consulting

Where JLL Chile is headquartered

Location

Headquarters

HQ city
Santiago
HQ country
Chile
HQ region
Latin America

Offices1 record

Markets served

JLL Chile business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Commercial Real Estate Advisory Services: Advisory fees for property leasing, acquisition, financing, and investment consulting services for corporate clients in Chile.
  2. Portfolio Management Services: Ongoing management fees for corporate portfolio administration and optimization services.
  3. Capital Markets Advisory: Fees for investment banking, capital markets advisory, and private investor services for commercial real estate transactions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

JLL Chile product offering

Product offering

Core offering

JLL Chile provides integrated commercial real estate services to corporate clients and investors in Chile, spanning the full real estate lifecycle from property identification and acquisition through financing, project management, and ongoing portfolio administration. Core offerings include property search and leasing, project and space administration, portfolio management, capital markets advisory for private investors, hybrid workspace solutions, and green building and leasing services. Services are delivered by integrated local and global client teams and are supported by JLL's proprietary market intelligence and AI-driven real estate analytics.

Product overview

JLL Chile operates as a regional office of Jones Lang LaSalle, offering commercial real estate services across the country. The company provides integrated services including property search and leasing, project management, space administration, and investment advisory. Services are delivered through multiple channels including the main JLL platform, property listing portals, and specialized service pages such as portfolio management, capital markets, hybrid workspace solutions, and green building services.

Differentiator

Problem solved

Functional benefit

Brands

  • JLL Spark: JLL's technology and innovation arm focused on property technology solutions

Products and services

  • Commercial Real Estate Services (Chile) Integrated commercial real estate services delivered in Chile for local and multinational clients, covering the full real estate lifecycle from property search and leasing through financing, project management, and ongoing portfolio administration.
  • Property Search and Leasing Brokerage and advisory service that helps corporate clients in Chile identify and lease commercial properties (office, industrial, retail) using the global JLL property listings platform and local market expertise.
  • Portfolio Management Services Ongoing managed services that administer and optimize corporate real estate portfolios in Chile, including space administration, portfolio performance improvement, and strategic real estate planning.
  • Capital Markets and Private Investor Advisory Advisory services for private investors and family offices seeking to acquire, finance, manage, or divest commercial real estate investments in Chile, including transaction execution and exit strategy support.
  • Hybrid Workspace Solutions Advisory and implementation services that help corporate clients in Chile design, implement, and operate hybrid workplace strategies and future-of-spaces workplace models.
  • Green Building and Leasing Services Sustainability-focused leasing and green building advisory services that help corporate clients in Chile improve energy efficiency, achieve green building certifications, and support sustainability goals.
  • AI for Commercial Real Estate Artificial intelligence-powered analytics and solutions applied to commercial real estate operations, portfolio optimization, and market analysis, enabling JLL Chile clients to make data-driven real estate decisions.

Companies that use JLL Chile

Customer profile

Segments2 records

Ideal customer profiles2 records

JLL Chile technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

JLL Chile partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

JLL Chile competitors and assessment

Company assessment

Direct peers

  • Cushman & Wakefield Chile: Cushman & Wakefield Chile provides commercial real estate brokerage, valuation, and consulting services across Chile. It competes head-to-head with JLL Chile on leasing, capital markets, and corporate advisory mandates for multinational and local corporates.
  • Colliers Chile: Colliers Chile offers commercial real estate brokerage, project management, and capital markets services in Chile. It is a similarly structured global-affiliated firm competing with JLL Chile for corporate occupier and investor mandates.
  • CBRE Chile: CBRE Chile is the Chilean arm of CBRE Group, the largest global commercial real estate services firm. It offers the same full-suite of brokerage, capital markets, and property management services to corporate clients in Chile, making it the most direct competitor to JLL Chile.
  • Savills Chile: Savills Chile provides commercial real estate advisory, valuation, and property management services. It targets similar corporate and investor clients in Chile as JLL Chile, with comparable global brand backing.
  • Knight Frank Chile: Knight Frank Chile operates as a global-affiliated commercial real estate agency offering brokerage, valuation, and advisory services to corporate clients in Chile, directly competing with JLL Chile on premium mandates.

Broad incumbents

  • Jones Lang LaSalle (JLL) Global: JLL is the publicly traded global parent firm of JLL Chile. It operates across 80+ countries and provides the proprietary technology, data, and brand that JLL Chile leverages, while also serving as the direct competitor to other Chilean CRE firms on global accounts.
  • BNP Paribas Real Estate Chile: BNP Paribas Real Estate provides commercial real estate advisory and transaction services across Europe and select global markets. While Chile presence may be limited, it competes with JLL globally for cross-border investor and corporate mandates that touch Chile.

Emerging players

  • Avison Young Chile: Avison Young is a global commercial real estate services firm with growing presence in Latin America. It competes with JLL Chile on commercial leasing, capital markets, and occupier advisory mandates.
  • Newmark Chile: Newmark Group is a global commercial real estate services firm expanding in Latin America. It offers comparable brokerage and capital markets services and overlaps with JLL Chile on cross-border corporate mandates in the region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

JLL Chile social profiles

Digital presence

JLL Chile financial estimates

Financial estimate

Revenue estimate

Valuation estimate

JLL Chile leadership team

Management profile

Number of profiles

JLL Chile funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

JLL Chile M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JLL Chile

What does JLL Chile do?

JLL Chile provides integrated commercial real estate services to corporate clients and investors in Chile, spanning the full real estate lifecycle from property identification and acquisition through financing, project management, and ongoing portfolio administration. Core offerings include property search and leasing, project and space administration, portfolio management, capital markets advisory for private investors, hybrid workspace solutions, and green building and leasing services. Services are delivered by integrated local and global client teams and are supported by JLL's proprietary market intelligence and AI-driven real estate analytics.

Is JLL Chile a public or private company?

JLL Chile is a public company. It is classified as public and is currently operating.

When was JLL Chile founded?

JLL Chile was founded in 1783. It employs 11 to 50 people.

Where is JLL Chile based?

JLL Chile is headquartered in Santiago, Chile, in the Latin America region.

How does JLL Chile make money?

Three revenue lines are on record. Commercial Real Estate Advisory Services are the primary driver. The others are portfolio Management Services and capital Markets Advisory.

Who are JLL Chile's main competitors?

Direct peers on record are Cushman & Wakefield Chile, Colliers Chile, CBRE Chile, Savills Chile and Knight Frank Chile. Broad incumbents are Jones Lang LaSalle (JLL) Global and BNP Paribas Real Estate Chile. Emerging players are Avison Young Chile and Newmark Chile.

Does JLL Chile have an API?

No public API is recorded for JLL Chile.

What industry is JLL Chile in?

JLL Chile's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAJABAJ, Tenant Representation & Corporate Services Brokerage, with a secondary code of BPAJABAL, Capital Markets Advisory (Equity Placement, JV & Recapitalization). Its NAICS code is 5312 and its SIC code is 6531.

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Live signals
njFort Lee's Ridge Point apartment complex sold, upgrades plannedSELA Realty Investments, LLC has acquired Ridge Pointe, a 132-unit luxury apartment complex in Fort Lee, New Jersey, with JLL Capital Markets arranging the sale and acquisition financing. The buyer secured a floating-rate acquisition loan through Balbec Capital, LP and plans to undertake property renovations as part of its investment strategy. Financial terms of the transaction were not disclosed.Property investment$19.25M sale of high-vacancy, boutique, mixed-use building slated for adaptive reuseJLL Capital Markets arranged the sale of a 222,728-rentable-square-foot mixed-use building at 65 East Wacker Place in Chicago for $19.25 million.Property investmentJLL completes $89.8M sale of trophy USPS distribution facility in AvondaleJLL Capital Markets completed an $89.8 million sale of Fairway Commerce Center, a 450,260-square-foot cross-dock distribution facility in Avondale, Arizona, on December 29, 2025. The sellers were Westfield Company Inc. and Reinsurance Group of America, selling to an institutional investor. The trophy asset is fully leased to the United States Postal Service under a 10-year triple-net lease, with USPS having invested in automated sorting systems as part of its nationwide 'Delivering for America' modernization initiative.Connect CREStream Closes $228.1M Refi on The QuadStream Realty Partners has closed a $228.1 million five-year senior loan through JLL Capital Markets to refinance The Quad, a 500,000-square-foot office campus in Uptown Dallas, with accounts managed by KKR. The campus comprises two office buildings totaling over 474,000 square feet and five retail structures on four acres near Interstate 35E. Stream Realty originally acquired the asset from American Realty Advisors in January 2019.CremarketbeatStream Finalizes $228.1M Refinancing for The Quad – CRE MarketBeatStream Realty Partners has secured $228.1 million in refinancing for The Quad, a 500,000-square-foot office and retail campus in Uptown Dallas, Texas. The financing was arranged by JLL Capital Markets through a five-year senior loan placed by accounts managed by KKR. Stream Realty originally acquired the property in January 2019 from American Realty Advisors; the campus comprises two office buildings and five fully leased retail structures on a four-acre site.Property investment$69.4M construction financing secured for 1817 Central multifamily development in CharlotteJLL Capital Markets secured a $69.4 million construction financing for 1817 Central, a 341-unit Class A multifamily development in Charlotte's Plaza Midwood neighborhood. JLL arranged the four-year floating-rate loan through United Bank on behalf of borrower Ares Real Estate, which acquired the site in September 2025 and will lead development with groundbreaking before year-end 2025 and anticipated completion in 2028. The seven-story wrap development will feature 269,583 square feet of rentable space with studios through three-bedroom units, positioned two miles from Uptown Charlotte.NJBIZJLL: Jersey City tower marks NJ’s largest multifamily sale this yearThe sale of The Morgan at Provost Square in Jersey City by Toll Brothers Apartment Living and its joint venture partner to Rockpoint represents the largest multifamily transaction in New Jersey this year, according to JLL Capital Markets. The 38-story waterfront luxury apartment tower contains 417 market-rate units with over 97% occupancy and is located near the Grove Street PATH Station with direct access to Manhattan. Rockpoint's affiliate Rockhill Management will manage the property and oversee significant upgrades to the asset.Property investment11-building industrial portfolio spanning in-fill locations along the New Jersey Turnpike corridor trades handsJLL Capital Markets announced the sale of an 11-building industrial portfolio totaling 893,625 square feet located along the New Jersey Turnpike. This portfolio, fully leased to a diversified tenant roster, presents significant mark-to-market potential and stable cash flow for the new owner, EQT Real Estate. The transaction reflects ongoing interest in industrial assets that provide access to major population centers.MultihousingnewsArtemis Buys Senior Housing Property in Silicon ValleyArtemis Real Estate Partners has acquired Atria at Foster Village, a 155-unit senior housing community in Foster City, California, for approximately $61 million. Atria Senior Living, the previous owner, will continue operating the property under its Atria Signature Collection brand, with JLL Capital Markets brokering the transaction. The senior housing sector is showing sustained improvement, with occupancy reaching 88.1% in Q2—marking the 16th consecutive quarter of gains—and average asking rent exceeding $5,600 for the first time on record.PR NewswireBascom Group Makes Entrance Into Reno, Acquiring 147-Unit Apartment Community For $31.0 MillionThe Bascom Group acquired Sierra Point Apartments, a 147-unit garden-style multifamily community in Reno, Nevada, for $31 million in an off-market transaction. The purchase price equated to $210,884 per unit, with financing provided by LoanCore through JLL Capital Markets. Bascom plans to implement a value-add renovation strategy including unit interior upgrades and amenity additions such as a dog park and outdoor recreational areas.