#United States #Chicago #Delaware Statutory Trust #JLL Income Property Trust #JLLX Diversified VIII

JLL Income Property Trust's $158 Million Fund Success

On May 28, 2025, JLL Income Property Trust announced the successful subscription of its latest diversified Delaware Statutory Trust (DST), known as JLLX Diversified VIII, DST, amounting to $158 million. This significant achievement underscores the increasing demand from investors looking to reinvest provisions from appreciated real estate while deferring their tax obligations. With approximately $6.5 billion in total equity and debt investments, JLL is a prominent player in the institutional real estate investment space.

The JLLX Diversified VIII, DST comprises two key assets: a multifamily residential community featuring 323 units located in Wilsonville, Oregon, and a grocery-anchored shopping center occupying around 147,000 square feet in Cedar Park, Texas. This structure not only enhances cash flow but also provides essential diversification benefits to investors.

Drew Dornbusch, the Head of JLL Exchange, expressed pride in the successful launch of this fund, noting a strong interest from financial advisors and investors throughout 2025. Dornbusch attributed this interest to the tax deferral, estate planning, and diversification benefits inherent to the offerings of JLLX. The momentum generated in the market indicates a thriving appetite for high-quality, low-fee 1031 exchange solutions.

Allan Swaringen, President and CEO of JLL Income Property Trust, elaborated on the performance of the sectors involved. He remarked that both the multifamily rental and grocery-anchored retail sectors represent resilient income streams with robust fundamentals. The recent fund provided a unique opportunity to access these sectors while allowing investors to maintain their core real estate allocations with ample tax and estate planning advantages.

Since establishing the JLL Exchange in 2019, the firm has attracted an impressive $1.85 billion through 26 DST offerings, showcasing a well-calibrated strategy to support property owners eager to sustain meaningful real estate allocations. The most exciting development came with the completion of Diversified II DST, which closed on May 7, 2025, amassing $185 million in assets. Overall, JLL Income Property Trust has executed 15 full cycle UPREIT transactions amounting to $1.2 billion.

JLL Income Property Trust stands out as an institutionally managed daily NAV REIT, displaying a commitment to providing investors with a widening portfolio of selected commercial real estate investments. Each property is carefully chosen by a seasoned investment management team, backed by one of the world's leading real estate service firms.

For further insights into JLL Income Property Trust, interested parties can visit their website at www.jllipt.com.

About JLL Exchange

The JLL Exchange program specializes in private placements through the sale of interests in DSTs containing core real estate investments. Detailed information can be found at www.jllexchange.com.

As a prominent entity within the realm of real estate investment managers, LaSalle Investment Management manages over $82.3 billion in assets globally, serving a diverse clientele that includes pension funds, insurance companies, governments, and private individuals.

This latest success is another testament to JLL Income Property Trust's efficacy in navigating the evolving landscape of real estate investments and tax strategies, ensuring its stakeholders remain firmly anchored in robust and dynamic asset classes.