Jones Lang LaSalle Inc., a Chicago-based real estate services firm, has announced the closing of a $450 million, five-year unsecured revolving credit facility.Initial pricing under the new facility, which replaces a $325 million revolving facility, will be 55 basis points above the London interbank offered rate, a reduction of 45 bps, the company reported. Harris Nesbitt acted as lead arranger on the transaction. Jones Lang LaSalle can be found on the Web at http://www.joneslanglasalle.com.
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Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
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The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
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The S&P Cotality Case-Shiller home price index rose 0.8% year over year in April, while U.S. Federal Housing's index climbed 2%. Both indexes declined monthly.
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While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
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Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.
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Lisa Cook can keep her seat on the Federal Reserve Board thanks to the Supreme Court's procedural concerns. Deeper questions about the central bank might not come for years — if at all.
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