Clockwise from top left: The Federal Reserve has held interest rates steady and indicated that they will not rise this year; Facebook revamps its housing ad policy after settling discrimination lawsuits; JLL buys HFF in a $2B cash-and-stock deal that it hopes will ‘accelerate growth;’ and a Re/Max report finds the U.S. set for a […]
Keeping up with the Joneses: In wake of JLL-HFF deal, expect a poaching frenzy
JLL is buying HFF for $2 billion (Credit: Pixabay) JLL’s $2 billion acquisition of HFF, a move that further consolidates the commercial-brokerage industry and creates the country’s largest debt platform, is barely a day old. But competing firms have already begun efforts to scoop up brokers who may be displaced by the merger. “With this […]