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JLL IPT Fully Subscribes $104M Diversified DST
JLL Income Property Trust has fully subscribed JLLX Diversified VI, DST, a $104 million Delaware Statutory Trust.
JLLX Diversified VI, DST consisted of a state-of-the-art 192-unit multifamily apartment community located in an affluent submarket of Portland, Oregon, and a grocery-anchored multi-tenant neighborhood shopping center totaling approximately 98,000 square feet located in Marietta, Georgia.
“We are pleased to have fully subscribed JLLX Diversified VI, DST so quickly after our last closing of JLLX Diversified V, DST,” said Drew Dornbusch, Head of JLL Exchange. “The rapid subscription of JLLX Diversified VI, DST underscores the market’s demand for institutional-quality, low-fee, 1031 solutions. Investors and financial advisors continue to embrace the tax deferral, estate planning, and diversification, afforded by the JLLX platform.”
Since its inception in 2019, JLLX has attracted more than $1.7 billion across 25 DST offerings. JLL Income Property Trust has completed 14 full-cycle UPREIT transactions totaling $960 million to date.
Register Today to “Be in the Room” when Michael Brennan receives Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL for this exclusive presentation!
