Except where the context suggests otherwise, the terms “we,” “us,” “our,” the “Company” and "JLL Income Property Trust" refer to Jones Lang LaSalle Income Property Trust Inc. The terms “Advisor” and “LaSalle” refer to LaSalle Investment Management Inc. Jones Lang LaSalle Income Property Trust Inc. is an externally advised, daily valued perpetual-life real estate investment trust ("REIT") that owns and manages a diversified portfolio of apartment, industrial, office, retail and other properties located in the United States. Over time our real estate portfolio may be further diversified on a global basis through the acquisition of properties outside of the United States and will be complemented by investments in real estate-related debt and equity securities. We were incorporated on May 28, 2004 under the laws of the State of Maryland. We believe that we have operated in such a manner to qualify to be taxed as a REIT for federal income tax purposes commencing with the taxable year ended December 31, 2004, when we first elected REIT status. As of December 31, 2019, we owned interests in a total of 77 properties, located in 20 states.
Company profile
Ticker
1314152
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Jones Lang LaSalle Income Property Trust, Inc., EXCELSIOR LASALLE PROPERTY FUND INC
SEC CIK
Corporate docs
Subsidiaries
Holding San Marcos LLC • LIPT San Marcos LLC • LIPT 140 Park Avenue, LLC • LIPT Chestnut Street, LLC • Aquinas Realty Investors II, LLC • Aquinas Holdings • Aquinas 2021 Chestnut Street, General Partner, LLC • Aquinas 2021 Chestnut Street, LP • JLLIPT Holdings • JLLIPT Holdings LP ...
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
18 Apr 24
POS AM
Prospectus update (post-effective amendment)
12 Apr 24
424B3
Prospectus supplement
3 Apr 24
POS EX
Additional exhibits for listing
3 Apr 24
ARS
2023 FY
Annual report to shareholders
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
8-K
Regulation FD Disclosure
22 Mar 24
424B3
Prospectus supplement
15 Mar 24
POS EX
Additional exhibits for listing
15 Mar 24
8-K
Regulation FD Disclosure
15 Mar 24
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 93.26 mm | 93.26 mm | 93.26 mm | 93.26 mm | 93.26 mm | 93.26 mm |
Cash burn (monthly) | 6.10 mm | 2.60 mm | 1.29 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 40.61 mm | 17.31 mm | 8.59 mm | n/a | n/a | n/a |
Cash remaining | 52.65 mm | 75.95 mm | 84.67 mm | n/a | n/a | n/a |
Runway (months of cash) | 8.6 | 29.2 | 65.5 | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Day R. Martel | Class M-I Common Stock | Grant | Acquire A | No | No | 12.02 | 5,823.627 | 70.00 k | 38,258.98 |
1 Apr 24 | Tamara D Fischer | Class M-I Common Stock | Grant | Acquire A | No | No | 12.02 | 5,823.627 | 70.00 k | 16,439.04 |
1 Apr 24 | Douglas A Lindgren | Class M-I Common Stock | Grant | Acquire A | No | No | 12.02 | 5,823.627 | 70.00 k | 15,908.063 |
1 Apr 24 | Sullivan William E | Class M-I Common Stock | Grant | Acquire A | No | No | 12.02 | 5,823.627 | 70.00 k | 33,057.79 |
1 Apr 24 | Robin McBride Zeigler | Class M-I Common Stock | Grant | Acquire A | No | No | 12.02 | 5,823.627 | 70.00 k | 20,488.344 |