JLL Income Property Trust Acquires Suburban Portland Apartments




 

Acquisition is First for JLL Income Property Trust in Pacific NW

 
JLL Income Property Trust Acquires Jory Trail at the Grove Apartments
 
JLL Income Property Trust has acquired Jory Trail at the Grove, a 324 unit apartment community in Wilsonville, OR, for $75 million. The 95% leased property represents the first investment in multi-family housing by JLL Income Property Trust. It represents the ninth multi-family invest for the REIT, whose portfolio now has $600 million invested in multi-family properties. For more on this story, checkout the coverage on Multi-Housing News.

 

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