Jll income property trust fully subscribes $100 million diversified dst

Chicago , nov. 18, 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 today that it has fully subscribed jllx diversified v, dst. the $100 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.
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