JLL Income Property Trust, Inc.: debt financing — JLL Income Property Trust secures $1B credit facility ($600M revolver + $400M term loan)

JLL Income Property Trust, Inc.

$600M revolving credit facility and $400M unsecured term loan with ten-lender syndicate led by JPMorgan.
Maturity March 13, 2028, with three 12-month extension options available at borrower's election.
SOFR-based interest rates + 1.25-1.95% (revolver) / 1.20-1.90% (term loan) based on leverage ratio.
Facility can be increased to up to $1.3B subject to additional lender commitments and conditions.
Proceeds for general corporate purposes including refinancing existing debt and acquisitions.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

JLL Income Property Trust, Inc. incurred credit facility of $1 billion with JPMorgan Chase Bank, N.A. (as Administrative Agent) at Term SOFR plus a margin ranging from 1.25% to 1.95% (Revolving Credit Facility) maturing March 13, 2028.

Instrument: credit facility
Principal: $1 billion
Counterparty: JPMorgan Chase Bank, N.A. (as Administrative Agent)
Rate: Term SOFR plus a margin ranging from 1.25% to 1.95% (Revolving Credit Facility)
Maturity: March 13, 2028
Event: incurrence

Exact text from the filing

On March 12, 2026, Jones Lang LaSalle Income Property Trust, Inc. (the “Company ,” “we,” “us,” or “our”), as Borrower, entered into an amended credit agreement providing for a $1 billion revolving line of credit and unsecured term loan (collectively, the “Amended Credit Facility”) with a syndicate of ten lenders led by JPMorgan Chase Bank, N.A. as Administrative Agent

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001314152-26-000025

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.