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JLL Income Property Trust Fully Subscribes $104 Million Diversified DST
JLLJones Lang LaSalle(JLL) Prnewswire·2025-02-04 17:00

CHICAGO, Feb. 4, 2025 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately 6.6billioninportfolioequityanddebtinvestments,announcedtodaythatithasfullysubscribedJLLXDiversifiedVI,DST.The6.6 billion in portfolio equity and debt investments, announced today that it has fully subscribed JLLX Diversified VI, DST. The 104 million program was structured as a Delaware Statutory Trust designed to provide 1031 exchange investors the opportunity to reinvest proceeds from the sale of appreciated real estate while also deferring taxes. ...