JLL Income Property Trust Sells Suburban Seattle Apartment Community
Jones Lang LaSalle(JLL) Prnewswire·2024-10-23 01:38
Timely Disposition to Reinvest at Attractive New Market Cycle ReturnsCHICAGO, Oct. 22, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced the sale of Stonemeadow Farms, a 280-unit, garden-style apartment community in Bothell, Washington – a desirable Seattle suburb less than 20 miles from Redmond, Bellevue and downtown Seattle. This disposition a ...