Press Release
JLL Income Property Trust Declares 55th Consecutive Quarterly Dividend
August 13, 2025
Naperville, IL
Acquired April 2025
Richmond, Virginia
Acquired March 2025
Maple Grove, MN
Acquired November 2024
Sherwood, OR
Acquired February 2024
August 7, 2025
JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) today announced the results of its execution on a number of strategic initiatives in the third quarter of 2017, which helped drive operational and investment performance while positioning the company for future growth and enhanced stockholder value.
During the quarter, it closed on three new acquisitions totaling $185 million, adding two apartment communities and one grocery-anchored neighborhood shopping center. These newly acquired properties include:
“We are very pleased that we have been able to identify and close on these three premier properties in the third quarter, further strengthening and diversifying our portfolio across multiple property types and geographic markets. These acquisitions, combined with our sustained focus on operational excellence and investment performance, continue to drive shareholder value,” said Allan Swaringen, President and CEO of JLL Income Property Trust.
JLL Income Property Trust ended the first quarter with $2.5 billion in total assets made up of a geographically diversified portfolio of 69 core properties spanning the retail, apartment, industrial, and office property sectors. The portfolio is highly leased with an overall occupancy of 94 percent and an average remaining lease term of 6.1 years, supporting JLL Income Property Trust’s investment objectives of generating attractive income for distribution to stockholders.
You should read the prospectus carefully for a description of the risks associated with an investment in JLL Income Property Trust (JLLIPT). 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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