What is JLL hotel investment banking? Is that just what they call investment sales for hotels?

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Sell side for hotels/air bnb like platforms would be my guess

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Think it would include sales as well as debt placement/recaps

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So this isn't true IB right? I feel like you don't need a series 79 here

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Lots of debt trading, recaps, remodel finance, brand swap financing, etc. It’s capital markets work so less like conventional IB. Top capital markets folks at JLL can pull big numbers, like $20M a year for a few of them if they have the right network. Regional MDs in other asset classes can pull $4-5M.

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JLL analysts earn their money, too. Those OMs are easy on the eyes.

So it's seems like it's not really IB, I don't think the MD of ib of hotels is finra registered

It technically is I think, but no m&a advisory of that’s how you define IB

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