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  • JLL Income Property Trust Acquires Luxury Apartment Community in Suburban Orlando
    Investment Property

    JLL Income Property Trust Acquires Luxury Apartment Community in Suburban Orlando

    April 22, 2022 /

    CHICAGO, April 21, 2022 /PRNewswire/ — JLL Income Property Rely on, an institutionally managed day by day NAV REIT (NASDAQ: ZIPTAX ZIPTMX ZIPIAX ZIPIMX) with a lot more than $6.3 billion in portfolio assets and 119 properties, declared currently the acquisition of Jefferson Lake Howell, a recently created, course-A condominium community in the northern Orlando suburb of Casselberry, Florida. This amenity-wealthy, lakefront, 384-unit backyard-model apartment community was acquired for roughly $154 million.  “This addition to our increasing household portfolio, an over weight portfolio allocation for us, aligns with our system to commit in very well-situated communities with sturdy desire motorists and large boundaries to entry for new competitors,” explained Allan…

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    Jerry Schmidt Comments Off on JLL Income Property Trust Acquires Luxury Apartment Community in Suburban Orlando

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