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JLL IPT Announces acquisition of San Diego-Based Coastal Luxury Apartments

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JLL Income Property Trust Acquires Coastal Luxury Apartments in San Diego

August 10, 2016 4:34 PM EDT

CHICAGO, IL -- (Marketwired) -- 08/10/16 -- JLL Income Property Trust, an institutionally-managed, daily valued perpetual life real estate investment trust (REIT) (NASDAQ: ZIPTAX) (NASDAQ: ZIPTMX) (NASDAQ: ZIPIAX) (NASDAQ: ZIPIMX), today announced the acquisition of Dylan Point Loma in San Diego. The property is a newly-developed, ultra-luxury 180 unit coastal apartment community that is walking distance from the Pacific Ocean. With no new apartments developed in this market within the last 30 years, Dylan Point Loma sets a new standard for... More