Core Insights - JLL Income Property Trust has fully subscribed its JLLX Diversified VIII, DST program, raising $158 million aimed at providing tax deferral opportunities for 1031 exchange investors [1][3] - The investment program includes a multifamily residential community with 323 units in Wilsonville, OR, and a grocery-anchored shopping center of approximately 147,000 square feet in Cedar Park, TX [2] - The JLL Exchange program has attracted over $1.85 billion across 26 DST offerings since its inception in 2019, indicating strong market demand for institutional-quality, low-fee investment solutions [3] Company Overview - JLL Income Property Trust is a daily NAV REIT with approximately $6.5 billion in portfolio equity and debt investments, focusing on a diversified portfolio of high-quality, income-producing properties across various sectors [1][6] - The company aims to further diversify its real estate portfolio, including potential global investments, while maintaining a focus on core real estate allocations for investors [6] Market Demand - There is a high level of engagement from financial advisors in 2025, reflecting strong market demand for the tax deferral, estate planning, and diversification benefits offered by the JLLX platform [3] - The multifamily rental and grocery-anchored retail sectors are highlighted as providing durable income and strong fundamentals, making them attractive investment options [3]