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Commercial Real Estate Behemoth Steps into Home Rental Biz

Office-leasing giant Jones Lang LaSalle Inc. is entering the booming market for rental houses. So reports The Wall Street Journal.

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JLL has announced a pact with Roofstock, a fintech startup that offers an online marketplace where buyers and sellers buy and sell rental homes.

“The single-family rental asset class is seeing strong demand from our investor clients—both private and increasingly institutional—and this investment will position our teams to offer unique insights and access to opportunities in this space," JLL CEO Richard Bloxam said in the press release.

Read the full article from The Wall Street Journal.

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