Jory Trail at the Grove is a premier 324-unit apartment community. The Class A apartment property is located in the Portland, Oregon suburb of Wilsonville.
Recently developed 324-unit apartment community with an extensive amenity package and Class A high-end finishes.
Located in the thriving Portland, Oregon suburb of Wilsonville which has a strong local employment base with excellent schools and high barriers to entry. This suburb in "Silicon Forest" has a low vacancy (3.3%) with no new development under construction or planned.
Wilsonville is conveniently located along Interstate 5, providing convenient access to greater Portland's major employment centers: Downtown Portland, the Kruseway office corridor, Beaverton, Hillsboro and Salem.
The Portland market overall has exhibited strong population growth, with average annual growth rates of 1.3% from 2010 to 2016. Considered a 'Next Tech' market, additional growth is anticipated for Portland due to lower cost of living and strong quality of life, particularly in comparison to the nearby Bay Area and Seattle
Amenity-rich garden style asset, including free fitness center and access to walking trail & green space.
Energy Star appliances, Eco-Conscious tenants
This multifamily property in the Pacific Northwest exemplifies JLL Income Property Trust's apartment strategy which is geared toward suburban locations within highly-rated school districts with attractive demographics
You should read the prospectus carefully for a description of the risks associated with an investment in JLL Income Property Trust. Some of these risks include but are not limited to the following:
This literature contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will,” and other similar terms, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks, uncertainties, and contingencies include, but are not limited to, the following: our ability to effectively raise capital in our offering; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of our investment strategy; and other risk factors as outlined in our prospectus and periodic reports filed with the Securities and Exchange Commission. Although JLLIPT believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. JLLIPT undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in our expectations.
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