JLL Income Property Trust Announces Full Subscription of JLLX Diversified VI, DST
CHICAGO, IL – Feb. 4, 2025
JLL Income Property Trust, a daily NAV REIT managed by Jones Lang LaSalle Income Property Trust, Inc. and traded on NASDAQ under the symbols ZIPTAX, ZIPTMX, ZIPIAX, and ZIPIMX, has recently announced the successful full subscription of JLLX Diversified VI, Delaware Statutory Trust (DST). This real estate investment opportunity was designed specifically for investors looking to defer capital gains taxes through a 1031 exchange.
About JLL Income Property Trust
JLL Income Property Trust is an institutionally-managed daily NAV REIT that combines the potential benefits of real estate investment with the liquidity of a publicly-traded security. With a portfolio valued at approximately $6.6 billion in equity and debt investments, JLL Income Property Trust offers investors access to a diverse range of commercial real estate assets, including office, industrial, multifamily, and retail properties.
JLLX Diversified VI, DST: An Opportunity for 1031 Exchange Investors
The JLLX Diversified VI, DST is a $104 million investment program that provides 1031 exchange investors with the opportunity to reinvest the proceeds from the sale of their appreciated real estate while also deferring taxes. This Delaware Statutory Trust was structured to allow investors to transfer their tax liability to the trust, enabling them to delay paying capital gains taxes until the sale or disposition of their interest in the trust.
Impact on Individual Investors
For individual investors, this announcement could represent a valuable opportunity to defer capital gains taxes on the sale of appreciated real estate. By investing in the JLLX Diversified VI, DST, they can reinvest the proceeds from their sale into a new real estate investment while postponing the tax liability. This strategy can help them preserve their capital, providing an opportunity to grow their wealth through real estate investment without the immediate impact of taxes.
Impact on the World
The successful full subscription of the JLLX Diversified VI, DST indicates a growing trend in the real estate market, particularly among 1031 exchange investors. This investment vehicle offers a unique solution for those looking to defer capital gains taxes while continuing to invest in real estate. The increased popularity of these types of investment programs could lead to more opportunities for investors seeking tax deferral strategies, potentially driving demand for real estate investments and contributing to the overall growth of the industry.
Conclusion
JLL Income Property Trust’s announcement of the full subscription of the JLLX Diversified VI, DST marks an important milestone for 1031 exchange investors seeking to reinvest their proceeds while deferring capital gains taxes. This investment opportunity represents a valuable tool for individuals looking to preserve their capital and grow their wealth through real estate investment. Furthermore, the success of this program may signal a growing trend in the real estate market, potentially leading to more opportunities for investors and contributing to the industry’s continued growth.
- JLL Income Property Trust, a daily NAV REIT, has successfully subscribed to the $104 million JLLX Diversified VI, DST.
- This Delaware Statutory Trust is designed for 1031 exchange investors, enabling them to defer capital gains taxes while reinvesting in real estate.
- The program’s full subscription indicates a growing trend in the real estate market, with increasing demand for tax deferral strategies.
