Jacques Gordon Reports Acquisition of Shares in JLL Income Property Trust

The transaction reflects an addition to Gordon's holdings through the company's distribution reinvestment plan.

September 26, 2024

Jacques Gordon, Director at JLL Income Property Trust, Acquires Additional Shares:

Jacques Gordon, who serves as a Director of JLL Income Property Trust, Inc., recently reported an acquisition of shares in the company, according to a disclosure filed with the U.S. Securities and Exchange Commission. The transaction was completed on September 24, 2024, as part of the company's amended and restated distribution reinvestment plan.

The filing reveals that Gordon acquired a total of 39.059 shares of Class M-I Common Stock, with a price per share of $11.57. As a result of this transaction, his holdings in JLL Income Property Trust now stand at 2,906.378 shares, which are owned directly. The transaction was coded as "J," indicating that it occurred as part of a reinvestment plan. This type of plan typically allows investors to automatically reinvest cash distributions or dividends into additional shares of the company, thus increasing their ownership stake over time.

JLL Income Property Trust and its Directors

JLL Income Property Trust, Inc. is a real estate investment company that provides investors with access to a diversified portfolio of commercial properties. Gordon's acquisition through the distribution reinvestment plan demonstrates his ongoing participation in the company’s stock ownership programs, further aligning his interests with those of shareholders.

The acquisition filing is part of a routine disclosure required under Section 16(a) of the Securities Exchange Act of 1934, which mandates reporting of any changes in beneficial ownership by company directors, officers, or significant shareholders. Gordon’s position as a director places him in a role where transactions involving company stock are closely monitored and publicly disclosed to ensure transparency.