Unless otherwise specified, as used in this site, JLLIPT refers specifically to Jones Lang LaSalle Income Property Trust, Inc. and. “JLL” collectively refers to LaSalle Investment Management, Inc. (its advisor), LaSalle Investment Management Distributors, LLC (its distributor) and Jones Lang LaSalle Incorporated (its sponsor) and certain affiliated entities.

Important Securities Disclosure

Nothing on or in the site shall be considered a solicitation or offer to buy or sell shares of JLLIPT. JLLIPT is offered by LaSalle Investment Management Distributors, LLC by prospectus only. The prospectus contains more complete information on investment objectives, risks, expenses, fees and other information, and should be read carefully before investing. Past performance does not guarantee future results. Please remember that there is no assurance that the objectives of JLLIPT will be achieved and investment return and Fund NAV will fluctuate. Fund shares, when redeemed, may be worth more or less than the original cost. JLLIPT shares are not deposits or obligations of, or guaranteed or endorsed by, any bank.

No Investment Advice or Recommendations

The information contained in this site is provided as a public service to customers of JLLIPT. Content and any related services are provided for informational purposes only, and you should not construe any content or related services as investment, tax, insurance, financial or legal recommendations or advice by JLLIPT or JLL. No content or related services available on or through this site shall be considered, and no such materials or services constitute advice regarding a security or other financial instrument to any person in any jurisdiction where such offer or solicitation is not allowed. JLLIPT is sold through third party intermediaries. You are responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should consult with a financial professional prior to investing in JLLIPT to help determine whether JLLIPT is suitable for you. You should consult an attorney or tax professional regarding your specific legal or tax situation.

Disclaimer of Warranties

JLLIPT AND JLL MAKE NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE SITE, THE INFORMATION (INCLUDING, WITHOUT LIMITATION, THE ACCURACY AND COMPLETENESS OF SUCH INFORMATION), CONTENT, MATERIALS, OR SERVICES AVAILABLE VIA THE SITE, OR THE PERFORMANCE OF JLLIPT. YOU EXPRESSLY AGREE THAT YOUR USE OF THE SITE IS AT YOUR SOLE RISK.

TO THE FULL EXTENT PERMISSIBLE BY APPLICABLE LAW, JLLIPT AND JLL DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. JLLIPT AND JLL ALSO RESERVE THE RIGHT TO ALTER THE CONTENT OF THE SITE IN ANY WAY, AT ANY TIME, FOR ANY REASON, WITHOUT PRIOR NOTIFICATION.

TO THE FULL EXTENT PERMITTED BY APPLICABLE LAW, NEITHER JLLIPT, JLL NOR THEIR AFFILIATES NOR ANY OF THEIR EMPLOYEES, AGENTS, DIRECTORS, EMPLOYEES, PROPRIETORS, PARTNERS, REPRESENTATIVES, SHAREHOLDERS, SERVANTS, ATTORNEYS, PREDECESSORS, SUCCESSORS AND ASSIGNS WILL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES (INCLUDING BUT NOT LIMITED TO LOST PROFITS, AND DAMAGES THAT RESULT FROM INCONVENIENCE, DELAY, OR LOSS OF USE OF THE SERVICES PROVIDED AT THE SITE) ARISING OUT OF USE OF THE SITE, THE INFORMATION OR OTHER CONTENT CONTAINED ON THE SITE, OR INVESTMENTS MADE BASED ON INFORMATION OBTAINED AT THE SITE (HOWEVER ARISING, INCLUDING NEGLIGENCE), EVEN IF JLL HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES.

Use and Accuracy of Information

JLLIPT, JLL and any information providers furnish the information on this site as a service. JLLIPT or JLL, or their information providers cannot be held responsible for data accuracy or timing of information displayed. Any errors or omissions contained in such information cannot be made the basis for any claim, demand or cause of action against JLLIPT, JLL, or any information provider. JLLIPT and JLL believe the services (including the information and content therein) to be reliable, but accuracy is not warranted or guaranteed.

Access to and use of this website and all of JLLIPT’s and JLL’s content, services, materials, information, databases and systems are subject to these Terms and Conditions of Use and applicable laws and regulations, all of which are subject to change and revision from time to time without prior notice.

JLLIPT and JLL reserve the right to terminate access to this site or take other actions they reasonably believe necessary to comply with the law or to protect their rights or investors. Any access or attempt to access or use this site for any unauthorized or illegal purpose is strictly prohibited.

Liability and Indemnity

ANY MATERIALS DOWNLOADED OR OTHERWISE OBTAINED THROUGH THIS SITE ARE DONE AT YOUR OWN RISK. YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR OTHER EQUIPMENT, OR LOSS OF DATA THAT RESULTS FROM SUCH DOWNLOAD.

NEITHER JLLIPT, JLL, NOR THEIR AFFILIATES, SUBSIDIARIES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, OR ANY THIRD-PARTY INFORMATION PROVIDERS AND VENDORS WILL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, REVENUE, INCOME, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES, OR DAMAGES CAUSED BY THEFT, UNAUTHORIZED ACCESS, SYSTEMS FAILURE, OR COMMUNICATIONS LINE FAILURE, OR THE COST OF PROCURING SUBSTITUTE GOODS OR SERVICES, CAUSED BY THE USE OF OR INABILITY TO USE THE SITE, MATERIALS OR ANY PRODUCTS OR SERVICES PROVIDED HEREIN, OR ANY OTHER MATTER RELATING TO THIS SITE, EVEN IF JLLIPT OR JLL HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. SOME JURSIDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE EXCLUSIONS OR LIMITATIONS MAY NOT APPLY TO YOU. TO THE EXTENT THAT A JURISDICTION DOES NOT PERMIT THE EXCLUSION OR LIMITATION OF LIABILITY AS SET FORTH HEREIN, THE LIABILITY OF JLLPIT, JLL AND THEIR AFFILIATES, SUBSIDIARIES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, AND ANY THIRD-PARTY INFORMATION PROVIDERS AND VENDORS IS LIMITED TO THE EXTENT PERMITTED BY LAW IN SUCH JURISDICTIONS.

You agree to indemnify, defend, and hold harmless JLLIPT, JLL, their subsidiaries and affiliates, and each of their officers, directors, employees, and agents, from and against all claims, demands, liabilities, damages, losses, or expenses, including attorney's fees and costs, arising out of or related to your improper access to or use of this site, or any violation by you of these Terms of Use.

Jurisdiction

This site is directed to and intended for use by citizens or residents of the United States of America only. Users outside the United States who access and use this site do so at their own risk, and are responsible for compliance with applicable securities and other laws and regulations. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction, to any person to whom it is not lawful to make such an offer.

JLLIPT and JLL maintain and operate this site from their offices in Chicago, Illinois, United States of America. These Terms of Use are governed and interpreted under the laws of the State of Illinois, United States of America. By using this site you consent to the jurisdiction of the courts located in Illinois for any action arising from these Terms of Use. Any cause of action or claim you may have with respect to the site must be commenced within one (1) year after the claim or cause of action arises. If any portion of these Terms of Use is deemed unlawful, void or unenforceable, then that part shall be deemed severable and shall be construed in accordance with applicable law. Such a term will not affect the validity and enforceability of any remaining provisions. JLL's failure to act with respect to a breach of these Terms of Use by you or others does not constitute a waiver and shall not limit JLL’ s rights with respect to such breach or any subsequent breaches.

Linking With Third-Party Sites

As a convenience to users, this site may link to other sites owned and operated by third parties and not maintained by JLLIPT or JLL. However, even if such third parties are affiliated with JLLIPT or JLL, they have no control over these linked sites, all of which have separate privacy and data collection practices and legal policies independent of JLLIPT and JLL. JLLIPT and JLL are not responsible for the contents of any linked sites and do not make any endorsement or representations regarding the content or accuracy of material on such sites or suitability for any purpose. Viewing such third party sites is entirely at your own risk. In addition, other websites must obtain written permission from JLLIPT or JLL in order to link to our website.

No user may establish hyperlinks either to this site or away from this site without the prior written consent of JLLIPT or JLL, in their sole discretion. In their sole discretion, JLLIPT and JLL reserve the right to remove a hyperlink to this website or away from this website at any time and for any reason. Framing at this site is expressly prohibited.

Links from another website to the this site, your website, and the link itself, may not suggest that JLLIPT or JLL or their affiliates endorse, sponsor or are affiliated with any non JLLIPT or JLL website, entity, service or product, and may not make use of any JLLIPT or JLL trademarks or service marks other than those contained within the text of the link.

Copyright and Trade Names

All of the information on the web site, including text, images, graphics and software, is the property of JLLIPT or JLL, except as otherwise indicated, and is protected by copyright and other intellectual property laws. In addition, the collection, arrangement and assembly of content on this site is the exclusive property of JLLIPT and JLL, and is likewise protected by copyright and other intellectual property laws.

This site features trade names, logos and other trademarks and service marks that are the property of, or are licensed to, JLLIPT, JLL, or affiliated entities. Third-party trademarks and service marks located on the site are the property of their respective owners. You agree not to use or display them in any manner without the prior written permission of the applicable trademark owner. You also agree not to use, copy, modify or display any of these marks in any manner likely to cause confusion or in any manner that disparages or discredits JLL or its affiliated entities.

You may view, download or copy content or information displayed on the site for personal use only, provided that you maintain all copyright and other notices contained therein. Copying or storing of any content or information from the site for other than personal use is expressly prohibited without prior written permission from JLLIPT, JLL and/or the information provider credited.

Without JLLIPT’s or JLL’s prior written consent, which consent may be given or withheld in their sole discretion, you may not:

  • Resell, sublicense, rent, or lease any of JLLIPT’s or JLL’s information, services or database, or any part or parts thereof of information contained therein, or any access thereto;
  • Use this site or any of JLLIPT’s or JLL’s, services, database or system which you access in violation of, any federal or state law, including data privacy laws and communication regulations and tariffs, or which infringes the intellectual property rights or misuses proprietary information of a third party or is made in furtherance of an illegal or fraudulent scheme or activity;
  • Copy or transfer any of JLLIPT’s or JLL’s information, service, database or documentation, except as permitted by JLLIPT or JLL; or
  • Modify, adapt, reverse engineer, decompile, disassemble, translate or convert any portion of JLLIPT’s or JLL’s databases or system, or the selection, coordination or arrangement of products or services in any JLLIPT or JLL database.

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.