CHICAGO, Oct. 21, 2021 /PRNewswire/ — JLL Earnings Residence Believe in, an institutionally managed each day NAV REIT (NASDAQ: ZIPTAX ZIPTMX ZIPIAX ZIPIMX) with a lot more than $5.1 billion in portfolio assets, announced these days the acquisition of Pinecone Residences in the Denver suburb of Fort Collins, Colorado. The 13-building, 195-device yard-fashion condominium group was obtained for about $52 million, bringing JLL Money Assets Trust’s whole household allocation to far more than $2. billion, or 43 percent of overall belongings. “The addition of Pinecone Apartments raises our household allocation, an overweight target for us, and fits very effectively with our approach to devote in perfectly-located multifamily communities with strong desire…