JLL Income Property Trust, an institutionally managed, daily NAV REIT with approximately $6.5 billion in portfolio equity and debt investments, has announced that it has fully subscribed JLLX Diversified VIII DST. The $158 million program was structured as a Delaware Statutory Trust designed to provide 1031 exchange investors the opportunity to reinvest proceeds from the sale of appreciated real estate while also deferring taxes.
JLLX Diversified VIII consisted of a multifamily residential community comprised of 323 units in Wilsonville, Ore., and a grocery-anchored shopping center totaling approximately 147,000 square feet located in Cedar Park, Texas.
Drew Dornbusch, head of JLL Exchange, said, "The high level of engagement we have seen from financial advisors in 2025 alone confirms the market's demand for institutional-quality, low-fee, 1031 solutions. Our investors and financial advisers continue to respond positively to the tax deferral, estate planning and divers