JLL Acquires Retail Lease and Debt Restructuring Expert Huntley, Mullaney, Spargo & Sullivan, Inc.
0 CommentJLL is now better positioned to help retailers across the United States control costs and improve profitability with the acquisition of lease and debt restructuring firm Huntley, Mullaney, Spargo & Sullivan, Inc. (HMS). The transaction is consistent with JLL’s growth strategy and will enable the firm, already a national leader in retail real estate services, to provide a broader range of services to retailers. While mostly focused on retail chains, HMS… Read More
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Categories: Americas Retail, Tenant Representation and tagged Bill Sullivan, Dave Spargo, debt, HMS, Huntley, Inc., JLL, Lease, Mullaney, Restructure, retail, retailers, Spargo & Sullivan, Tom Mullaney.
Uptick in Competition: Due to the liquidity of the debt capital markets and the pursuit of higher yields, all lender groups including life companies, CMBS, banks, pension funds and debt funds are actively looking to place capital on retail product on a national basis at loan-to-value ratios of 65-85 percent. Grocery-anchored assets in primary markets continue to attract the most aggressive