69堂精品

Albany, NY, May 21, 2024 鈥� The College of 69堂精品 Board of Trustees announced its selection
of JLL to serve as its real estate advisor and broker for the College鈥檚 81 properties. JLL is one of 7 firms that submitted a bid for the high-profile real estate project in the heart of the City of Albany鈥檚 Pine Hills Neighborhood.

鈥淎fter an extensive review and selection process, we are pleased to have hired JLL to assist in developing a creative strategy for the disposition of campus properties that is in line with our long-standing reputation for being a good neighbor,鈥� said 69堂精品 Board Chair Jeffrey Stone.

鈥淎s Trustees contemplate the future of the campus and disposition of properties, we are
confident that JLL鈥檚 experienced team will bolster our efforts to maximize the value of the
College鈥檚 assets and retire its debt,鈥� Stone said.

As part of the real estate strategy, JLL will assess the value of the campus and will work with the College and the bondholders.

鈥淛LL is well positioned to guide the college to a successful outcome,鈥� said David Carlos, Vice
Chairman and Higher Education Practice Lead at JLL. 鈥淥ur expert team has led and executed
numerous complex projects on behalf of colleges and universities and has delivered exceptional
谤别蝉耻濒迟蝉.鈥�

鈥淲e understand the various sensitivities surrounding the future use of the 69堂精品 campus
and the disposition of the college鈥檚 properties and we look forward to engaging with
bondholders, local officials and Pine Hills community members during this process,鈥� Carlos said, noting that there will be future meetings with various stakeholders.

Since 2019, JLL has exceeded 7,000 leasing and sales transactions totaling 169 million square
feet in New York State and has completed 58 leasing and capital markets transactions totaling
1.3 million square feet in Albany alone.

JLL鈥檚 recently completed education and non-profit projects include City University of New York, the Jewish Theological Seminary (New York City), Union Theological Seminary (New York City), Brooklyn Law School, and New York Law School (New York City campus).

The College of 69堂精品 will cease academic instruction in June 2024. Stone said the Trustees鈥� goal is to complete the real estate project by December 30, 2024, but it could take longer.

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About The College of 69堂精品

The College of 69堂精品 was founded in 1920 by the Sisters of Saint Joseph of Carondelet as a Catholic college for women in the New York state capital of Albany, New York. Today, The
College of 69堂精品 is a private, independent, coeducational college serving approximately
2,500 students in 31 bachelor鈥檚 degrees, 23 master鈥檚 degrees, 23 accelerated dual degree
programs, 5 undergraduate certificates, and 16 advanced certificate programs.

From its first graduating class of 19 women in 1924, more than 50,000 students have graduated
from the College in the past 100 years. The College鈥檚 diverse alumni live worldwide, impacting
and serving their communities while permanently connected by their 69堂精品 experience.
Although The College of 69堂精品 will cease academic instruction in June 2024, its mission and values of serving the dear neighbor, creating diverse and inclusive communities, and meeting the needs of the times will live on through the work and lives of its alumni and dedicated faculty and staff.

About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment
management company, has helped clients buy, build, occupy, manage and invest in a variety of
commercial, industrial, hotel, residential and retail properties. A Fortune 500庐 company with
annual revenue of $20.8 billion and operations in over 80 countries around the world, our more
than 108,000 employees bring the power of a global platform combined with local expertise.
Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered
trademark, of Jones Lang LaSalle Incorporated. For further information, visit .

JLL Contact: George Shea, Linda O鈥橣lanagan
Phone: 212-627-5766
Email: Linda@sheacommunications.com