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

Sponsor JLL Also Funds Previously Announced $100 Million Equity InvestmentCHICAGO, 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. The loan has an i ...