JLL Income Property Trust has launched a 1031 tax-deferred exchange program designed to provide accredited investors with the opportunity to defer taxes on gains from the sale of appreciated real estate. This offering marks the first entry into the 1031 exchange market by a daily valued, perpetual NAV REIT advised by an institutional investment manager and sponsored by a global commercial real estate services leader. The JLL Exchange (JLLX) program offers a series of private placements through the sale of interests in Delaware statutory trusts (DSTs) holding real properties sourced from the Income Property Trust’s portfolio or from third parties.