Mar
27
JLL Spark Buys CRE Software Company
ByThe San Francisco-based firm purchased a software-as-a-service real estate technology platform that, among other things, lets investors manage their portfolios’ performance.
JLL Spark, a division of JLL, has acquired a software-as-a-service (SaaS)-based real estate technology platform. Stessa—“assets” spelled backwards—reportedly lets investors in income properties easily and cost-effectively track, manage and communicate the performance of their portfolios.
This is JLL Spark’s first strategic acquisition since its inception last year and is touted as delivering on the company’s mission “to transform the real estate industry through technology-based innovation.” Both JLL Spark and Stessa are headquartered in San Francisco…
