Real Estate
What a 721 UPREIT Exchange Actually Is: Inside JLL Income Property Trust's $1.5B Track Record
On August 18, 2026, JLL Income Property Trust completed its 20th full-cycle 721 UPREIT transaction, converting a two-property Delaware Statutory Trust worth about $1.3 million more than when it was syndicated into...
Jeff Barnes, MBA··11 min read
Real Estate
Two DSTs Just Sold Out. Here's the 721-Exchange REIT Roll-Up Behind Them
Two sponsors closed the same trade this week, and it tells you where the DST business is headed. On July 2, 2026, ExchangeRight announced it had fully subscribed its Essential Income 7 DST , a $38.95...
Jeff Barnes, MBA··9 min read