Performance

Over a Decade of Returns With Consistent Distributions Since Inception

Choose Class

5.47%
Annual Return
Since Inception1
3.58%
Standard Deviation
Since Inception2
5.53%
Annualized
Distribution Rate3

Class M-I Returns Summary1 (net of fees)

YTD 1 Year 3 Years 5 Years 10 Years Annual Return Since Inception1
2.16% 2.73% -4.10% 4.21% 4.91% 5.47%
  1. Distribution payments are not guaranteed and may be modified at the Company’s discretion. The amount of distributions JLLIPT may make is uncertain. JLLIPT may pay distributions from sources other than operational cash flow, including, without limitation, the sale of assets, borrowings, return of capital, or offering proceeds. The advisor may defer reimbursements and fees otherwise due, in order to pay these distributions, and when these amounts are paid back to the advisor, that will result in a decrease in cash flow from operations. Total distributions for the quarter ended June 30, 2025 were funded 100% from cash flow from operating activities. 
Access Quarterly Update Report

Class M-I Monthly Returns1 (net of fees)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2025 0.26% 0.35% 0.24% 0.18% 0.35% 0.41% 0.35%          
2024 -0.40% -0.72% -1.50% -0.50% -0.59% -0.11% 0.00% 0.17% -0.02% 0.09% 0.26% 0.06%
2023 -0.76% -0.98% -1.52% -0.36% -1.09% -0.70% -0.23% -0.08% -0.34% -0.46% -0.23% -2.88%
2022 0.59% 2.78% 6.13% 0.75% 0.27% 0.67% 0.27% 0.54% 0.47% 0.20% -0.94% -1.96%
2021 0.26% 0.86% 1.91% 0.51% 0.50% 2.30% 0.41% 3.05% 2.84% 1.02% 1.71% 4.77%
2020 0.16% 0.24% -1.59% -0.08% -1.00% -0.63% 0.17% 0.26% 0.30% 0.26% 0.60% 0.64%
2019 0.25% 0.25% 0.70% 0.25% 0.41% 0.78% 0.25% 0.16% 0.78% 0.41% 0.41% 1.10%
2018 0.51% 0.26% 0.75% 0.43% 0.68% 0.59% 0.25% 0.76% 1.01% 1.84% 0.25% 0.66%
2017 0.53% 0.44% 0.91% 0.26% 0.88% 0.55% 0.79% 0.70% 0.64% 0.61% 0.95% 0.88%
2016 0.54% 0.36% -0.01% 0.45% 0.45% 0.52% 0.45% 0.62% 0.30% 0.53% 0.35% 0.30%
2015 1.42% 0.37% 0.27% 0.94% 0.93% 0.36% 2.41% 0.36% 1.25% 1.44% 0.18% 0.25%
2014             1.26% 0.29% 0.56% 0.77% 0.38% 1.22%
Q1 Q2 Q3 Q4
0.85% 0.94%    
-2.60% -1.19% 0.15% 0.41%
-3.23% -2.14% -0.64% -3.55%
9.72% 1.69% 1.28% -2.68%
3.06% 3.34% 6.40% 7.65%
-1.18% -1.71% 0.73% 1.51%
1.20% 1.44% 1.19% 1.93%
1.53% 1.70% 2.03% 2.77%
1.90% 1.71% 2.13% 2.46%
0.88% 1.42% 1.37% 1.19%
2.08% 2.24% 4.07% 1.88%
    2.12% 2.38%
YTD
2.16%
-3.22%
-9.25%
9.97%
21.99%
-0.69%
5.89%
8.27%
8.45%
4.95%
10.64%
4.55%

Class M-I Quarterly Distributions3

Class M-I Historical Distributions3

Q1 Q2 Q3 Q4
Year Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield
2025 $0.15750 5.52% $0.15750 5.55%
2024 $0.14500 4.83% $0.15750 5.38% $0.15750 5.44% $0.15750 5.49%
2023 $0.14500 4.21% $0.14500 4.35% $0.14500 4.43% $0.14500 4.64%
2022 $0.14000 3.79% $0.14000 3.77% $0.14000 3.75% $0.14000 3.89%
2021 $0.13500 4.56% $0.13500 4.46% $0.13500 4.24% $0.13500 3.98%
2020 $0.13500 4.51% $0.13500 4.64% $0.13500 4.66% $0.13500 4.65%
2019 $0.13500 4.45% $0.13500 4.43% $0.17500 5.76% $0.13500 4.41%
2018 $0.12867 4.38% $0.13000 4.40% $0.13000 4.36% $0.13000 4.29%
2017 $0.12366 4.36% $0.12365 4.33% $0.12361 4.28% $0.12364 4.23%
2016 $0.11874 4.25% $0.11876 4.23% $0.12368 4.40% $0.12372 4.40%
2015 $0.11935 4.47% $0.11883 4.41% $0.11877 4.28% $0.11873 4.24%
2014 $0.11902 4.56% $0.11897 4.50%
5.27%
Annual Return
Since Inception1
3.40%
Standard Deviation
Since Inception2
5.22%
Annualized
Distribution Rate3

Class M Returns Summary1 (net of fees)

YTD 1 Year 3 Years 5 Years 10 Years Annual Return Since Inception1
2.00% 2.43% -4.34% 3.95% 4.65% 5.27%
  1. Distribution payments are not guaranteed and may be modified at the Company’s discretion. The amount of distributions JLLIPT may make is uncertain. JLLIPT may pay distributions from sources other than operational cash flow, including, without limitation, the sale of assets, borrowings, return of capital, or offering proceeds. The advisor may defer reimbursements and fees otherwise due, in order to pay these distributions, and when these amounts are paid back to the advisor, that will result in a decrease in cash flow from operations. Total distributions for the quarter ended June 30, 2025 were funded 100% from cash flow from operating activities. 
Access Quarterly Update Report

Class M Monthly Returns1 (net of fees)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2025 0.17% 0.35% 0.25% 0.09% 0.35% 0.43% 0.35%          
2024 -0.48% -0.80% -1.41% -0.58% -0.59% -0.17% 0.09% 0.09% -0.09% 0.09% 0.17% 0.17%
2023 -0.83% -0.98% -1.52% -0.44% -1.09% -0.70% -0.30% -0.08% -0.41% -0.46% -0.31% -2.80%
2022 0.52% 2.78% 6.14% 0.75% 0.20% 0.73% 0.20% 0.54% 0.46% 0.13% -0.94% -1.96%
2021 0.17% 0.86% 1.85% 0.51% 0.50% 2.23% 0.41% 3.05% 2.77% 1.10% 1.71% 4.71%
2020 0.16% 0.24% -1.66% 0.00% -1.09% -0.62% 0.09% 0.26% 0.31% 0.17% 0.60% 0.66%
2019 0.25% 0.25% 0.63% 0.33% 0.33% 0.79% 0.25% 0.08% 0.71% 0.41% 0.41% 1.03%
2018 0.51% 0.26% 0.78% 0.34% 0.68% 0.52% 0.25% 0.76% 0.93% 1.76% 0.25% 0.67%
2017 0.53% 0.35% 0.94% 0.26% 0.79% 0.58% 0.79% 0.70% 0.58% 0.61% 0.95% 0.82%
2016 0.45% 0.36% -0.07% 0.45% 0.45% 0.46% 0.45% 0.62% 0.33% 0.44% 0.35% 0.24%
2015 1.32% 0.37% 0.21% 0.94% 0.93% 0.30% 2.41% 0.36% 1.19% 1.44% 0.18% 0.28%
2014 0.79% 0.39% 0.45% 0.68% 0.29% 0.75% 1.26% 0.19% 0.58% 0.77% 0.38% 1.15%
2013 0.20% 0.00% -0.08% 1.69% -0.10% -0.01% 0.69% 0.10% 0.56% 0.00% 0.29% 0.84%
2012                   2.30% -0.20% 0.12%
Q1 Q2 Q3 Q4
0.77% 0.87%    
-2.67% -1.33% 0.08% 0.43%
-3.30% -2.21% -0.78% -3.54%
9.65% 1.69% 1.21% -2.75%
2.90% 3.27% 6.34% 7.67%
-1.25% -1.70% 0.66% 1.44%
1.13% 1.45% 1.04% 1.86%
1.55% 1.55% 1.96% 2.70%
1.84% 1.65% 2.07% 2.40%
0.73% 1.36% 1.40% 1.04%
1.91% 2.18% 4.01% 1.91%
1.63% 1.74% 2.04% 2.32%
0.12% 1.58% 1.36% 1.14%
      2.22%
YTD
2.00%
-3.48%
-9.50%
9.75%
21.67%
-0.88%
5.59%
7.98%
8.20%
4.61%
10.37%
7.95%
4.26%
2.22%

Class M Quarterly Distributions3

Class M Historical Distributions3

Q1 Q2 Q3 Q4
Year Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield
2025 $0.14894 5.22% $0.14887 5.24%
2024 $0.13563 4.54% $0.14941 5.10% $0.14950 5.16% $0.14924 5.20%
2023 $0.13532 3.93% $0.13555 4.06% $0.13577 4.15% $0.13595 4.35%
2022 $0.13098 3.55% $0.12949 3.48% $0.12962 3.47% $0.12966 3.60%
2021 $0.12715 4.30% $0.12695 4.20% $0.12667 3.98% $0.12634 3.72%
2020 $0.12649 4.23% $0.12683 4.36% $0.12661 4.37% $0.12719 4.38%
2019 $0.12663 4.18% $0.12645 4.15% $0.16641 5.48% $0.12600 4.12%
2018 $0.12175 4.14% $0.12159 4.12% $0.12149 4.08% $0.12137 4.01%
2017 $0.11684 4.12% $0.11677 4.09% $0.11663 4.05% $0.11655 3.99%
2016 $0.11181 4.00% $0.11206 4.00% $0.11692 4.16% $0.11694 4.16%
2015 $0.11209 4.21% $0.11218 4.16% $0.11203 4.04% $0.11181 3.99%
2014 $0.09619 3.75% $0.09804 3.79% $0.11090 4.25% $0.11190 4.23%
2013 $0.09198 3.66% $0.08881 3.51% $0.08738 3.44% $0.09593 3.77%
2012 $0.09239 3.65%
5.22%
Annual Return
Since Inception1
3.58%
Standard Deviation
Since Inception2
5.20%
Annualized
Distribution Rate3

Class A-I Returns Summary1 (net of fees)

YTD 1 Year 3 Years 5 Years 10 Years Annual Return Since Inception1
2.00% 2.45% -4.31% 3.97% 4.67% 5.22%
  1. Distribution payments are not guaranteed and may be modified at the Company’s discretion. The amount of distributions JLLIPT may make is uncertain. JLLIPT may pay distributions from sources other than operational cash flow, including, without limitation, the sale of assets, borrowings, return of capital, or offering proceeds. The advisor may defer reimbursements and fees otherwise due, in order to pay these distributions, and when these amounts are paid back to the advisor, that will result in a decrease in cash flow from operations. Total distributions for the quarter ended June 30, 2025 were funded 100% from cash flow from operating activities. 
Access Quarterly Update Report

Class A-I Monthly Returns1 (net of fees)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2025 0.26% 0.35% 0.16% 0.17% 0.35% 0.34% 0.35%          
2024 -0.48% -0.72% -1.48% -0.50% -0.58% -0.17% 0.00% 0.09% 0.01% 0.09% 0.17% 0.09%
2023 -0.76% -0.98% -1.58% -0.44% -1.09% -0.68% -0.30% 0.00% -0.40% -0.53% -0.23% -2.86%
2022 0.52% 2.78% 6.13% 0.74% 0.20% 0.74% 0.20% 0.60% 0.41% 0.13% -0.87% -2.02%
2021 0.17% 0.86% 1.85% 0.51% 0.50% 2.23% 0.41% 3.05% 2.85% 1.02% 1.71% 4.71%
2020 0.16% 0.24% -1.65% 0.00% -1.09% -0.61% 0.09% 0.26% 0.31% 0.17% 0.60% 0.66%
2019 0.25% 0.16% 0.71% 0.25% 0.41% 0.79% 0.16% 0.16% 0.71% 0.41% 0.33% 1.12%
2018 0.51% 0.17% 0.78% 0.43% 0.59% 0.60% 0.17% 0.76% 1.02% 1.76% 0.25% 0.67%
2017 0.44% 0.44% 0.85% 0.26% 0.88% 0.58% 0.70% 0.70% 0.66% 0.52% 1.03% 0.82%
2016 0.45% 0.44% -0.07% 0.36% 0.53% 0.47% 0.45% 0.62% 0.24% 0.44% 0.35% 0.33%
2015 1.42% 0.28% 0.30% 0.84% 0.93% 0.39% 2.32% 0.45% 1.19% 1.44% 0.18% 0.19%
2014             1.26% 0.19% 0.58% 0.77% 0.38% 1.16%
Q1 Q2 Q3 Q4
0.77% 0.86%    
-2.66% -1.24% 0.09% 0.35%
-3.29% -2.20% -0.69% -3.60%
9.65% 1.70% 1.21% -2.74%
2.90% 3.27% 6.42% 7.58%
-1.25% -1.69% 0.66% 1.44%
1.13% 1.45% 1.04% 1.87%
1.47% 1.63% 1.96% 2.69%
1.75% 1.73% 2.07% 2.40%
0.82% 1.37% 1.31% 1.13%
2.01% 2.18% 4.00% 1.82%
    2.04% 2.32%
YTD
2.00%
-3.45%
-9.45%
9.77%
21.66%
-0.88%
5.60%
7.98%
8.18%
4.72%
10.37%
4.41%

Class A-I Quarterly Distributions3

Class A-I Historical Distributions3

Q1 Q2 Q3 Q4
Year Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield
2025 $0.14891 5.21% $0.14850 5.22%
2024 $0.13669 4.54% $0.15030 5.12% $0.15069 5.20% $0.15061 5.24%
2023 $0.13693 3.97% $0.13718 4.11% $0.13731 4.19% $0.13760 4.40%
2022 $0.13096 3.55% $0.13102 3.52% $0.13082 3.50% $0.13099 3.64%
2021 $0.12726 4.30% $0.12714 4.20% $0.12644 3.97% $0.12675 3.73%
2020 $0.12681 4.24% $0.12753 4.38% $0.12632 4.36% $0.12715 4.37%
2019 $0.12654 4.17% $0.12653 4.15% $0.16659 5.48% $0.12674 4.14%
2018 $0.12168 4.14% $0.12163 4.12% $0.12155 4.08% $0.12145 4.00%
2017 $0.11686 4.12% $0.11607 4.07% $0.11649 4.04% $0.11643 3.98%
2016 $0.11206 4.01% $0.11329 4.04% $0.11685 4.15% $0.11753 4.18%
2015 $0.11223 4.21% $0.11221 4.16% $0.11209 4.04% $0.11194 4.00%
2014 $0.11090 4.25% $0.11255 4.26%
4.71%
Annual Return
Since Inception1
3.42%
Standard Deviation
Since Inception2
4.66%
Annualized
Distribution Rate3

Class A Returns Summary1 (net of fees)

YTD 1 Year 3 Years 5 Years 10 Years Annual Return Since Inception1
1.64% 1.92% -4.82% 3.45% 4.11% 4.71%
  1. Distribution payments are not guaranteed and may be modified at the Company’s discretion. The amount of distributions JLLIPT may make is uncertain. JLLIPT may pay distributions from sources other than operational cash flow, including, without limitation, the sale of assets, borrowings, return of capital, or offering proceeds. The advisor may defer reimbursements and fees otherwise due, in order to pay these distributions, and when these amounts are paid back to the advisor, that will result in a decrease in cash flow from operations. Total distributions for the quarter ended June 30, 2025 were funded 100% from cash flow from operating activities. 
Access Quarterly Update Report

Class A Monthly Returns1 (net of fees)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2025 0.17% 0.26% 0.20% 0.09% 0.35% 0.29% 0.26%          
2024 -0.48% -0.81% -1.52% -0.58% -0.50% -0.21% -0.09% 0.09% -0.03% 0.00% 0.17% 0.05%
2023 -0.90% -0.98% -1.57% -0.51% -1.10% -0.74% -0.38% -0.08% -0.38% -0.61% -0.31% -2.85%
2022 0.44% 2.72% 6.11% 0.75% 0.13% 0.69% 0.20% 0.47% 0.42% 0.13% -0.94% -2.02%
2021 0.09% 0.86% 1.82% 0.42% 0.51% 2.21% 0.33% 3.06% 2.74% 1.02% 1.64% 4.76%
2020 0.08% 0.25% -1.70% -0.08% -1.09% -0.74% 0.17% 0.17% 0.28% 0.17% 0.52% 0.63%
2019 0.25% 0.16% 0.68% 0.17% 0.33% 0.76% 0.16% 0.08% 0.67% 0.33% 0.33% 1.08%
2018 0.43% 0.17% 0.70% 0.34% 0.60% 0.57% 0.08% 0.76% 0.98% 1.68% 0.25% 0.63%
2017 0.45% 0.35% 0.86% 0.18% 0.79% 0.50% 0.70% 0.61% 0.57% 0.52% 0.95% 0.82%
2016 0.45% 0.36% -0.14% 0.36% 0.36% 0.48% 0.36% 0.53% 0.25% 0.36% 0.36% 0.16%
2015 1.33% 0.28% 0.13% 0.85% 0.84% 0.33% 2.32% 0.27% 1.22% 1.44% 0.09% 0.13%
2014 0.79% 0.29% 0.43% 0.59% 0.39% 0.62% 1.16% 0.10% 0.61% 0.67% 0.38% 1.08%
2013 0.20% 0.00% -0.20% 1.69% -0.20% 0.08% 0.59% 0.10% 0.45% -0.10% 0.20% 0.83%
2012                   2.30% -0.29% 0.09%
Q1 Q2 Q3 Q4
0.64% 0.73%    
-2.79% -1.37% -0.03% 0.22%
-3.42% -2.33% -0.83% -3.74%
9.47% 1.58% 1.09% -2.81%
2.79% 3.16% 6.23% 7.56%
-1.37% -1.91% 0.63% 1.32%
1.09% 1.26% 0.92% 1.75%
1.30% 1.51% 1.84% 2.58%
1.67% 1.47% 1.90% 2.31%
0.66% 1.20% 1.15% 0.87%
1.75% 2.03% 3.86% 1.66%
1.52% 1.61% 1.88% 2.14%
0.00% 1.58% 1.14% 0.93%
      2.09%
YTD
1.64%
-3.94%
-9.94%
9.27%
21.15%
-1.36%
5.11%
7.42%
7.56%
3.94%
9.61%
7.34%
3.69%
2.09%

Class A Quarterly Distributions3

Class A Historical Distributions3

Q1 Q2 Q3 Q4
Year Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield
2025 $0.13315 4.67% $0.13271 4.68%
2024 $0.12210 4.07% $0.13561 4.63% $0.13616 4.71% $0.13576 4.74%
2023 $0.11884 3.45% $0.11974 3.60% $0.12007 3.67% $0.12069 3.87%
2022 $0.11467 3.11% $0.11266 3.03% $0.11241 3.02% $0.11204 3.12%
2021 $0.11327 3.84% $0.11296 3.74% $0.11193 3.52% $0.11093 3.27%
2020 $0.11211 3.76% $0.11239 3.88% $0.11282 3.90% $0.11280 3.89%
2019 $0.11215 3.70% $0.11214 3.69% $0.15184 5.01% $0.11189 3.66%
2018 $0.10170 3.47% $0.10687 3.63% $0.10673 3.59% $0.10649 3.52%
2017 $0.09699 3.43% $0.09660 3.40% $0.09623 3.35% $0.09615 3.30%
2016 $0.09424 3.38% $0.09381 3.35% $0.09842 3.51% $0.09799 3.49%
2015 $0.09447 3.55% $0.09557 3.55% $0.09501 3.43% $0.09431 3.38%
2014 $0.08460 3.30% $0.08455 3.28% $0.09356 3.59% $0.09345 3.54%
2013 $0.07956 3.17% $0.07818 3.09% $0.07555 2.97% $0.08444 3.32%
2012 $0.08909 3.52%
4.05%
Annual Return
Since Inception1
5.03%
Standard Deviation
Since Inception2
5.55%
Annualized
Distribution Rate3

Class M-I OP Units Returns Summary1 (net of fees)

YTD 1 Year 3 Years 5 Years 10 Years Annual Return Since Inception1
1.98% 2.56% -4.12% — — 4.05%
  1. Distribution payments are not guaranteed and may be modified at the Company’s discretion. The amount of distributions JLLIPT may make is uncertain. JLLIPT may pay distributions from sources other than operational cash flow, including, without limitation, the sale of assets, borrowings, return of capital, or offering proceeds. The advisor may defer reimbursements and fees otherwise due, in order to pay these distributions, and when these amounts are paid back to the advisor, that will result in a decrease in cash flow from operations. Total distributions for the quarter ended June 30, 2025 were funded 100% from cash flow from operating activities. 
Access Quarterly Update Report

Class M-I OP Units Monthly Returns1 (net of fees)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2025 0.26% 0.35% 0.33% 0.09% 0.44% 0.15% 0.35%          
2024 -0.48% -0.73% -1.42% -0.58% -0.50% -0.19% 0.09% 0.17% -0.02% 0.09% 0.26% 0.06%
2023 -0.77% -0.91% -1.52% -0.44% -1.02% -0.70% -0.23% -0.08% -0.34% -0.54% -0.23% -2.81%
2022 0.52% 2.72% 6.15% 0.75% 0.20% 0.81% 0.27% 0.54% 0.47% 0.13% -0.81% -1.96%
2021 0.34% 0.94% 1.66% 0.51% 0.59% 2.13% 0.41% 2.97% 2.76% 1.02% 1.71% 4.79%
2020                       0.38%
Q1 Q2 Q3 Q4
0.94% 0.68%    
-2.61% -1.27% 0.24% 0.41%
-3.17% -2.15% -0.64% -3.56%
9.60% 1.77% 1.28% -2.62%
2.97% 3.25% 6.25% 7.68%
0.00% 0.00% 0.00% 0.38%
YTD
1.98%
-3.22%
-9.21%
10.01%
21.64%
0.38%

Class M-I OP Units Quarterly Distributions3

Class M-I OP Units Historical Distributions3

Q1 Q2 Q3 Q4
Year Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield
2025 $0.15750 5.52% $0.15750 5.57%
2024 $0.14500 4.84% $0.15750 5.39% $0.15750 5.45% $0.15750 5.50%
2023 $0.14500 4.22% $0.14500 4.36% $0.14500 4.44% $0.14500 4.65%
2022 $0.14000 3.81% $0.14000 3.78% $0.14000 3.77% $0.14000 3.91%
2021 $0.13500 4.56% $0.13500 4.47% $0.13500 4.25% $0.13500 3.99%
-4.31%
Annual Return
Since Inception1
2.60%
Standard Deviation
Since Inception2
5.28%
Annualized
Distribution Rate3

Class A-I OP Units Returns Summary1 (net of fees)

YTD 1 Year 3 Years 5 Years 10 Years Annual Return Since Inception1
1.84% 2.28% -4.31% — — -4.31%
  1. Distribution payments are not guaranteed and may be modified at the Company’s discretion. The amount of distributions JLLIPT may make is uncertain. JLLIPT may pay distributions from sources other than operational cash flow, including, without limitation, the sale of assets, borrowings, return of capital, or offering proceeds. The advisor may defer reimbursements and fees otherwise due, in order to pay these distributions, and when these amounts are paid back to the advisor, that will result in a decrease in cash flow from operations. Total distributions for the quarter ended June 30, 2025 were funded 100% from cash flow from operating activities. 
Access Quarterly Update Report

Class A-I OP Units Monthly Returns1 (net of fees)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2025 0.26% 0.26% 0.25% 0.18% 0.35% 0.17% 0.35%          
2024 -0.48% -0.73% -1.46% -0.50% -0.50% -0.68% 0.09% 0.09% -0.09% 0.09% 0.26% 0.08%
2023 -0.77% -0.99% -1.53% -0.44% -1.10% -0.65% -0.30% -0.08% -0.34% -0.54% -0.23% -2.86%
2022             0.27% 0.61% 0.47% 0.13% -0.94% -2.17%
Q1 Q2 Q3 Q4
0.78% 0.70%    
-2.64% -1.68% 0.08% 0.43%
-3.25% -2.17% -0.71% -1.10%
    1.35% -2.96%
YTD
1.84%
-3.79%
-9.41%
-1.66%

Class A-I OP Units Quarterly Distributions3

Class A-I OP Units Historical Distributions3

Q1 Q2 Q3 Q4
Year Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield
2025 $0.14922 5.25% $0.14955 5.29%
2024 $0.14265 4.75% $0.14851 5.09% $0.14944 5.18% $0.1492 5.22%
2023 $0.13455 3.92% $0.14172 4.27% $0.13541 4.15% $0.13972 4.49%
2022 $0.12972 3.48% $0.12882 3.60%
-4.77%
Annual Return
Since Inception1
2.63%
Standard Deviation
Since Inception2
4.82%
Annualized
Distribution Rate3

Class A OP Units Returns Summary1 (net of fees)

YTD 1 Year 3 Years 5 Years 10 Years Annual Return Since Inception1
1.50% 1.73% -4.96% — — -4.77%
  1. Distribution payments are not guaranteed and may be modified at the Company’s discretion. The amount of distributions JLLIPT may make is uncertain. JLLIPT may pay distributions from sources other than operational cash flow, including, without limitation, the sale of assets, borrowings, return of capital, or offering proceeds. The advisor may defer reimbursements and fees otherwise due, in order to pay these distributions, and when these amounts are paid back to the advisor, that will result in a decrease in cash flow from operations. Total distributions for the quarter ended June 30, 2025 were funded 100% from cash flow from operating activities. 
Access Quarterly Update Report

Class A OP Units Monthly Returns1 (net of fees)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2025 0.18% 0.26% 0.21% 0.09% 0.35% 0.14% 0.27%          
2024 -0.48% -0.73% -1.69% -0.50% -0.67% -0.20% 0.00% 0.09% -0.06% 0.00% 0.17% 0.03%
2023 -0.84% -0.99% -1.57% -0.51% -1.10% -0.77% -0.30% -0.15% -0.40% -0.61% -0.31% -2.90%
2022             0.20% 0.61% 0.41% 0.13% -1.01% -2.25%
Q1 Q2 Q3 Q4
0.65% 0.58%    
-2.88% -1.37% 0.02% 0.20%
-3.36% -2.36% -0.85% -3.80%
    1.22% -3.10%
YTD
1.50%
-3.99%
-10.00%
-1.92%

Class A OP Units Quarterly Distributions3

Class A OP Units Historical Distributions3

Q1 Q2 Q3 Q4
Year Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield Net Dist Net Annual Yield
2025 $0.13361 4.71% $0.13632 4.83%
2024 $0.10453 3.50% $0.13636 4.68% $0.13271 4.61% $0.1330 4.67%
2023 $0.13874 4.05% $0.11655 3.52% $0.11664 3.58% $0.11515 3.71%
2022 $0.11090 2.98% $0.10834 3.03%