The product was developed to overlap a consumer-friendly user experience with the sophisticated financial models required to proactively manage tens of millions in commercial property. The price of the deal was not immediately disclosed.
- JLL, or Jones Lang LaSalle is a Chicago-based commercial real estate company.
- JLL Spark is led by a pair of Silicon Valley entrepreneurs who most recently ran Groupon's mobile business, achieving the highest percentage of revenue from mobile of any eCommerce company.
- Stessa helps real estate investors better manage portfolio financials.