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JLL Takes Full Ownership of Kensington Capital Advisors
JLL has wholly acquired Kensington Capital Advisors (KCA), a North Carolina-based derivatives and structured finance advisory firm. The acquisition includes Frame Financial Systems, a technology platform that will enable JLL to offer commercial real estate investor clients a proprietary “software with a service” debt portfolio reporting and analytics solution.
JLL’s July 2019 acquisition of HFF included the latter’s 50% ownership of KCA. “After three successful years of working closely with the Kensington team, the Kensington and JLL teams believe the consolidation of Kensington into the JLL Platform will greatly enhance both the services we can provide to our clients in a volatile ‘cost of capital’ climate and the profitability of the JLL enterprise,” said Mark Gibson, Americas Capital Markets CEO.
Since 2004, KCA has served as an independent financial advisory firm specializing in the analysis, structuring and execution of derivative products and structured financing solutions.
Pictured: The Aon Center, JLL’s headquarters.
- ◦Sale/Acquisition
- ◦Financing
