JLL Income Property Trust Adds New Board Member
Denien’s appointment brings deep financial and real estate expertise to JLL's leadership ranks.
July 01, 2025
Board Shakeup at JLL Income Property Trust
On June 26, JLL Income Property Trust, Inc. made a swift boardroom adjustment. R. Martel Day stepped down from his position as director, and the company filled the vacancy that same day by appointing Mark Denien.
The transition was smooth—there were no disagreements or conflicts behind Day’s departure. The board moved quickly to maintain continuity and bring in someone with a strong command of real estate finance and operations.
Denien’s Background Brings Depth
Denien has over three decades of experience in real estate, including executive leadership at Duke Realty Corporation, where he most recently served as Chief Financial Officer. During his time there, he managed:
- Capital markets activity
- Accounting and tax operations
- Investor relations
- Information systems
He guided Duke Realty through its 2022 merger with Prologis, maintaining oversight of core financial operations during the transition.
He’s also held board roles at other public REITs. At Acadia Realty Trust and Sun Communities, Inc., he contributes to both audit and compensation oversight. Outside of public markets, he’s active in the nonprofit and academic space, with leadership and advisory positions at Goodwill Industries and Indiana University’s Center for Real Estate Studies.
Focused and Forward-Looking
Denien’s appointment reflects the board’s focus on experience and readiness. He steps in with a track record of operational rigor and governance that aligns with the needs of an institutionally managed, NAV REIT like JLL Income Property Trust. As the firm continues to navigate a shifting real estate landscape, this move helps maintain alignment between strategy and execution.
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