JLL Income Property Trust Director Acquires Shares Through Reinvestment Plan

A director of JLL Income Property Trust increases holdings as part of a regular share reinvestment plan.

September 26, 2024

Details of the Transaction:

According to the filing, Lindgren acquired a total of 219.474 shares of the Class M-I Common Stock at a price of $11.57 per share. The acquisition was categorized under transaction code “J(1),” indicating that the shares were obtained as part of the trust's regular reinvestment program. Following the acquisition, Lindgren's direct ownership of JLL Income Property Trust shares stands at 16,341.509 shares.

The acquisition demonstrates the director's continued participation in the company’s reinvestment plan, which aligns with shareholder interests by facilitating consistent reinvestment in the company's stock.

A Look at JLL Income Property Trust

JLL Income Property Trust is a non-traded real estate investment trust (REIT) that provides investors with access to a diversified portfolio of commercial real estate assets. The company focuses on income-producing properties and aims to offer its investors steady returns through both property income and potential asset value appreciation. Its structure as a non-traded REIT differentiates it from publicly traded REITs, as shares are not listed on a public exchange but are available through registered investment professionals.

The director's acquisition of shares via the reinvestment plan aligns with the trust’s long-term investment approach. By reinvesting dividends, shareholders like Lindgren are able to compound their investment in the trust over time, potentially enhancing overall returns.