JLL Income Property Trust Closes Senior Secured Real Estate Loan on Houston Apartment Community

Barchart · 01/07 10:00

Sponsor JLL Also Funds Previously Announced $100 Million Equity Investment

CHICAGO, Jan. 7, 2025 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today that it originated a $32 million senior, secured floating rate first mortgage loan on a newly constructed, institutional-quality apartment community in north suburban Houston, Texas. 

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