Our Heritage

A modern INVESTMENT rooted in CENTURIES of EXPERIENCE.

Our Heritage

For more than two centuries, our sponsor, JLL, has been dedicated exclusively to real estate. In that time, JLL has created generational wealth, safeguarded institutional investments, and built the largest research team in our field. JLL Income Property Trust has brought this experience and the enduring value of commercial property ownership to sophisticated investors through this offering since its inception in 2012.

  1. Jones Lang LaSalle Income Property Trust was originally incorporated on May 28, 2004, and commenced our initial public offering on October 1, 2012.

Management Team

Board of Directors

Industry Expertise

JLL Income Property Trust is the result of advanced thinking by respected professionals within the real estate and investment management fields. These professionals deliver integrated services built on experience, market insight, foresight, and sound research.

Our Sponsor

JLL is a financial and professional services firm specializing in commercial real estate services and investment management. We create value for companies and institutions that invest in and use real estate. With more than 78,000 employees across 300 corporate offices worldwide, we serve the local, regional and global real estate needs of corporates and investors in more than 80 countries. Our integrated services offering is grounded in expertise in all property types, a deep understanding of real estate markets and capital markets, and is coordinated and consistent across geographies. www.jll.com

Our Advisor

LaSalle Investment Management is JLL Income Property Trust’s advisor and the investment management division of JLL, is one of the world’s leading real estate investment managers with approximately $59 billion of private and public equity and private debt investments under management (as of Q4 2017). LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. LaSalle is a wholly-owned, operationally independent sub¬sidiary of Jones Lang LaSalle Inc. (NYSE: JLL), one of the world’s largest real estate companies. www.lasalle.com

Commitment to Sustainability

JLL recognizes that buildings have a major impact on the environment. The firm is focused on addressing global environmental challenges through the investments it makes and is committed to being the real estate industry leader in environmental sustainability and energy management.

In 2015, JLL was named ENERGY STAR Partner of the Year for a fourth consecutive year by the U.S. Environmental Protection Agency. In July of 2009, LaSalle Investment Management became a signatory to the United Nations-backed Principles for Responsible Investment (PRI)1 and a charter member of the Greenprint Foundation2

  1. PRI is a network of international investors working together to put six responsible investing principles into practice. These principles provide a voluntary framework by which all investors can incorporate environmental, social responsibility and corporate governance issues into their decision-making and ownership practices.
  2. The Greenprint Foundation is a worldwide alliance of real estate owners, investors, financial institutions and other industry stakeholders committed to reducing carbon emissions across the global property industry.

Industry Recognition

JLL and LaSalle Investment Management are proud of their global reputation for uncompromising integrity, ethical conduct, and corporate governance and have received a number of accolades including:

  • A "World's Most Ethical Company"

    Ethisphere Institute (2015, 2014, 2013, 2012, 2011, 2010, 2009, 2008)

  • World's Most Admired Companies

    Fortune Magazine (2015, 2011, 2009, 2008)

  • 100 Best Corporate Citizens

    CR Magazine

  • Corporate Equality Index (perfect score)

    Human Rights Campaign Foundation

  • 50 Out Front for Diversity Leadership: Best Places for Women & Diverse Managers to Work

    Diversity MBA Magazine

Invest in experience

Our offering brings durable income, broad diversification, and institutional quality management to sophisticated investors.
Learn more about the offering

Summary of Risk Factors

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:

  • Since there is no public trading market for shares of our common  stock, repurchases of shares by us after a one-year minimum  holding period will likely be the only way to dispose of your  shares. After a required one-year holding period, JLLIPT limits the amount of shares that may be repurchased under our repurchase plan to approximately 5% of our net asset value (NAV) per quarter and 20% of our NAV per annum. Because our assets will consist primarily of properties that generally cannot be readily liquidated, JLLIPT may not have sufficient liquid resources to satisfy repurchase requests. Further, our board of directors may modify or suspend our repurchase plan if it deems such action to be in the best interest of our stockholders. As a result, our shares have limited liquidity and at times may be illiquid.
  • The purchase and redemption price for shares of our common stock will be based on the NAV of each class of common stock and will not be based on any public trading market. Because valuation of properties is inherently subjective, our NAV may not accurately reflect the actual price at which our assets could be liquidated on any given day.
    JLLIPT is dependent on our advisor to conduct our operations. JLLIPT will pay substantial fees to our advisor, which increases your risk of loss. JLLIPT has a history of operating losses and cannot assure you that JLLIPT will achieve profitability. Our advisor will face conflicts of interest as a result of, among other things, time constraints, allocation of investment opportunities, and the fact that the fees it will receive for services rendered to us will be based on our NAV, which it is responsible for   calculating.
  • The amount of distributions JLLIPT makes is uncertain and there is no assurance that future distributions will be made. JLLIPT may pay distributions from sources other than cash f low from operations, including, without limitation, the sale of assets, borrowings, or offering proceeds. Our use of leverage increases the risk of your investment. If JLLIPT fails to maintain our status as a REIT, and no relief provisions apply, JLLIPT would be subject to serious adverse tax consequences that would cause a significant reduction in our cash available for distribution to our stockholders and potentially have a negative impact on our NAV.
  • While JLLIPT’s investment strategy is to invest in stabilized commercial real estate properties diversified by sector with a focus on providing current income to investors, an investment in JLLIPT is not an investment in fixed income. Fixed income has material differences from an investment in a non-traded REIT, including those related to vehicle structure, investment objectives and restrictions, risks, fluctuation of principal, safety, guarantees or insurance, fees and expenses, liquidity and tax treatment.
  • Investing in commercial real estate assets involves certain risks, including but not limited to: tenants’ inability to pay rent; increases in interest rates and lack of availability of financing; tenant turnover and vacancies; and changes in supply of or demand for similar properties in a given market.
  • You should carefully review the “Risk Factors” section of our prospectus for a discussion of the risks and uncertainties that we believe are material to our business, operating results, prospects and financial condition. Except as otherwise required by federal securities laws, we do not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
  • This sales material must be read in conjunction with the prospectus in order to fully understand all the implications and risks of the offering of securities to which it relates. This sales material is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus.
  • Investors could lose all or a substantial amount of their investment. Alternative investments are suitable only for eligible, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
  • This material is not to be reproduced or distributed to any other persons (other than professional advisors of the investors or prospective investors, as applicable, receiving this material) and is intended solely for the use of the persons to whom it has been delivered. 

Forward-Looking Statement Disclosure

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.