JLL Income Property Trust Fully Subscribes $120 Million Diversified DST
JLLJones Lang LaSalle(JLL) Prnewswire·2024-09-05 00:00

CHICAGO, Sept. 4, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately 6.6billioninportfolioequityanddebtinvestments,announcedtodaythatithasfullysubscribedJLLXDiversifiedIV,DST.The6.6 billion in portfolio equity and debt investments, announced today that it has fully subscribed JLLX Diversified IV, DST. The 120 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 ...