JLL Income Property Trust Successfully Fully Subscribes $168 Million DST Offering

JLL Income Property Trust Fully Subscribes $168 Million Diversified DST

On July 23, 2025, JLL Income Property Trust, known for its institutionally managed and daily NAV REIT operations, announced a significant milestone in its investment strategy. This announcement detailed the full subscription of its JLLX Diversified 9, DST program, totaling an impressive $168 million. The program is specifically designed to cater to 1031 exchange investors, providing them with ample opportunities to reinvest the proceeds from the sale of appreciated real estate, all while deferring taxes.

Overview of the Investment

JLLX Diversified 9, DST comprises two multifamily residential communities located in Fort Collins, Colorado, with a total of 210 and 195 residential units, respectively. Additionally, it includes a retail shopping center in Phoenix, Arizona, boasting 118,000 square feet of leasable space. The diverse nature of this investment reflects a strategic move to tap into thriving markets across different sectors of real estate.

Drew Dornbusch, the Head of JLL Exchange, expressed enthusiasm over the full subscription, indicating that the interest from investors and financial advisors highlights the appeal of tax benefits, estate planning options, and diversification provided by the JLLX platform. This interest signals an ongoing market demand for institutional-quality, low-fee, 1031 solutions.

Robust Market Demand

According to Allan Swaringen, the President and CEO of JLL Income Property Trust, the multifamily rental markets and grocery-anchored retail properties are showing robust fundamentals, demonstrating resilience in rental growth and demand. The strategic design of the JLLX Diversified 9, DST investment solution allows investors to maintain meaningful exposure to core real estate sectors while benefiting from the tax and planning advantages that come with it.

Since its inception in 2019, JLL Exchange has garnered significant attention, attracting over $1.95 billion across 26 DST offerings targeted at property owners who prioritize maintaining an allocation to real estate in a tax-efficient manner. Notably, JLL Income Property Trust has successfully completed 15 full-cycle UPREIT transactions worth a total of $1.2 billion.

The Vision of JLL Income Property Trust

JLL Income Property Trust continues to stand out as a daily NAV REIT that manages a diversified portfolio characterized by high-quality, income-producing residential, industrial, grocery-anchored retail, healthcare, office, and debt investments throughout the United States. The company emphasizes its goal to further diversify its real estate portfolio over time, including efforts to expand its reach globally.

With its strategic partnerships and backing from one of the world's leading real estate services firms, JLL Income Property Trust remains committed to providing investors with reliable and impactful investment opportunities. For more details and updates about their offerings, you can visit their comprehensive website at www.jllipt.com.

As the real estate market evolves, the importance of informed and strategic investments cannot be overstated. With entities like JLL Income Property Trust pioneering paths for investors to engage in smart and tax-efficient real estate exchanges, the future looks promising for those involved in this sector. Their recent success serves as a reminder of the growing appetite for robust investment solutions that meet today’s dynamic financial landscape.