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JLL Income Property Trust restructures single-family rental joint venture

Nontraded REIT takes majority ownership in nearly 2,000 US houses
JLL Income Property Trust is now the majority owner of nearly 2,000 single-family rental houses, including some in the Phoenix market. (Getty Images)
JLL Income Property Trust is now the majority owner of nearly 2,000 single-family rental houses, including some in the Phoenix market. (Getty Images)

JLL Income Property Trust has restructured its joint venture with Amherst Residential on a portfolio of 4,000 single-family rental units.

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