JLL Income Property Trust Acquires 195-Unit Pinecone Apartment Community in Suburban Denver Market of Fort Collins for $52 Million

DENVER, CO - JLL Income Property Trust, an institutionally managed daily NAV REIT with more than $5.1 billion in portfolio assets, announced the acquisition of Pinecone Apartments in the Denver suburb of Fort Collins, Colorado. The 13-building, 195-unit garden-style apartment community was acquired for approximately $52 million, bringing JLL Income Property Trust's total residential allocation to more than $2.0 billion, or 43 percent of total assets.

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