JLL Income Property Trust Subscribes $200M DST Portfolio
May 2, 2023 | Scott Baltic | Commercial Property Executive
JLL Income Property Trust has fully subscribed its JLLX Diversified II, DST, a five-property, $200 million diversified portfolio structured as a Delaware Statutory Trust.
The DST is designed to “provide 1031 exchange investors the opportunity to defer taxes on gains from the sale of appreciated real estate,” according to JLL Income Property Trust, an institutionally managed daily NAV REIT with $7 billion in portfolio assets.
