Jones Lang Lasalle Income Property Trust Inc.

12/12/2024 | Press release | Distributed by Public on 12/12/2024 10:19

JLL Income Property Trust Announces iCapital® Partnership to Deliver Core Real Estate to Private Wealth Market

JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, today announced a partnership with iCapital,1 the global fintech platform driving the world's alternative investment marketplace for the wealth and asset management industries.

The partnership results in JLL Income Property Trust being available on iCapital Marketplace. The platform provides financial advisors with best-in-class technology, tools, and education to invest in alternative investments.

"Successful wealth managers have recognized the limitations of the traditional 60/40 portfolio and have embraced alternative investments," said Allan Swaringen, President and CEO of JLL Income Property Trust. "By reducing barriers to entry, iCapital has made it easy for advisors to access alternative investment options like ours."

"We're proud to partner with JLL Income Property Trust to expand wealth manager's access to its core real estate strategy," said Steve Houston, Co-Head of iCapital Solutions at iCapital. "This partnership demonstrates our unwavering commitment to providing financial advisors and their high-net-worth clients with innovative, simplified, and efficient opportunities to access alternative investments like JLL Income Property Trust."

JLL Income Property Trust is an institutionally managed, daily NAV REIT that brings investors a growing portfolio of commercial real estate investments selected by an institutional investment management team and sponsored by one of the world's leading real estate services firms.<_o3a_p><_o3a_p><_o3a_p><_o3a_p><_o3a_p><_o3a_p><_o3a_p><_o3a_p>