Why Jll Income Property Trust Sees Multifamily As A Key Growth Driver | National Real Estate Investor
The daily NAV REIT is intensifying its focus on multifamily. : Chicago-based JLL Income Property Trust Inc., whose parent is commercial real estate giant JLL, firmly believes in the multifamily sector. The daily NAV REIT—advised by LaSalle Investment Management Inc., a member of the JLL group—splits its holdings among four property types: multifamily, industrial, retail and office. These days, it’s intensifying its focus on multifamily. At the end of 2017, JLL Income Property Trust owned and managed $2.6 billion in assets—67 properties in its four core sectors, along with two parking garages.