Daily NAV REIT Distributes $17 Million in 2014

Jones Lang LaSalle Income Property Trust, Inc. (JLLIPT) paid out $17,136,000 in distributions to shareholders in 2014 according to a recent filing.

The non-traded, daily valued perpetual REIT sponsored by Jones Lang LaSalle Incorporated is listed on the NASDAQ with A and M shares using the tickers ZIPTAX and ZIPTMX respectively. JLLIPT also offers institutional share classes.

As of yesterday’s close, A shares were valued at $10.63 while M shares were $10.65.

The 2014 distributions qualify as a non-dividend distribution or return of capital. 

For more information, click here to view the filing.