JLL Income Property Trust has announced the full cycle UPREIT of three additional Delaware Statutory Trust (DST) programs from its JLL Exchange platform, which offers reinvestment opportunities to 1031 exchange investors. In a 721 UPREIT transaction, real estate can be exchanged on a tax-deferred basis for partnership interests in a REIT, offering the potential for owners of the exchanged property to achieve greater diversification, current income and appreciation.
The JLL Exchange platform is a sophisticated tax and estate planning tool that utilizes a traditional 1031 exchange along with a potential 721 UPREIT exchange. JLL Exchange provides investors the opportunity to reinvest proceeds from their sale of real estate held for investment into a broadly diversified, institutionally managed, perpetual NAV REIT, while maintaining their allocation to real estate and potentially enjoying a wide range of estate planning benefits.
JLL Exchange provides institutional quality