JLL Income Property Trust: closed $68,500,000 mortgage loan

What happened JLL Income Property Trust announced on Oct 7, 2026 that it closed a $68,500,000 mortgage loan secured by Whitestown Distribution Center IV. The company said the loan has a seven-year term with an interest rate of 5.54% and issued a press release, which is attached as Exhibit 99.1 to the Form 8-K. The information was furnished pursuant to Item 7.01, Regulation FD Disclosure.

Key details

• Property: Whitestown Distribution Center IV, a Class A distribution center of approximately 1,100,000 square feet in the Northwest submarket of Indianapolis in Whitestown, IN.
• Loan: $68,500,000 mortgage loan with a seven-year term and an interest rate of 5.54%.
• Date: press release issued Oct 7, 2026 and the Form 8-K filed Oct 8, 2026.
• Purpose: the filing states the transaction "supports JLL Income Property Trust’s strategy of including a modest amount of fixed-rate leverage on specific properties in its portfolio to enhance point forward returns."

Why it may matter This item was reported under Item 7.01, Regulation FD Disclosure, which covers furnished disclosures such as press releases and other communications. The Form 8-K notes the information is furnished and "shall not be deemed to be 'filed' for the purpose of Section 18 of the Securities Exchange Act of 1934." The filing does not show why the company acted.