Top1031
JLLX Diversified VI, DST
Multifamily property · sponsored by JLL Exchange (JLLX)
JLLX Diversified VI, DST was a DST sponsored by JLL Exchange (JLLX) that owned a multifamily property. Its last Form D, filed Apr 17, 2025, reports the offering fully sold.
How it ended
No outcome recorded · under 7 years
The last Form D, filed Apr 17, 2025, reports the offering fully sold.
Key facts
- Minimum investment
- $75,000From the Form D
- Offering size
- $100,453,204Equity offered, per the Form D
- Sold
- 100%Form D, Apr 17, 2025; the % is our arithmetic
- Investors reported
- Form D, Apr 17, 202574
- Selling commissions
- Form D Item 15; the % is our arithmetic$5,243,375 · 5.2% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.How it is financed ↓
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.
Ask a 1031 specialist about this recordFree. About: JLLX Diversified VI, DST. Top1031 is not a broker-dealer.What did JLLX Diversified VI, DST own?
The Trust holds two unrelated assets in separate markets. JLL Income Property Trust announced on September 12, 2024 that it had acquired the suburban Portland, Oregon apartment community that went on to back this program. The Georgia leg is a multi-tenant neighborhood shopping center in Marietta, in metro Atlanta, anchored by a grocery store. The SEC filings and the sponsor's announcement describe both legs by location, size and type without naming them. 1
- Property size
- 192 multifamily units + ~98,000 sq ft retail (two-property portfolio)
How was it financed, and what did it cost to sell?
No financing rows appear here because the public record does not establish them. Neither the Form D series nor the sponsor's announcement discloses mortgage debt, a lender, or loan terms for either property, so whether the Trust is leveraged or all-cash is a question for the offering documents.
Debt
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $5,243,375 · 5.2% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- 9 named in the Form D
Show the firms
- Concorde Investment Services, LLC · CRD 151604
- IBN Financial Services, Inc. · CRD 42360
- Independent Financial Group, LLC · CRD 7717
- LPL Financial LLC · CRD 6413
- LaSalle Investment Management Distributors, LLC · CRD 157625
- Merrill Lynch, Pierce, Fenner & Smith Incorporated · CRD 7691
- Morgan Stanley · CRD 149777
- Robert W. Baird & Co. Incorporated · CRD 8158
- Rockefeller Financial LLC · CRD 291361
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Aug 9, 2024
- Minimum investment
- $75,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.
Who's behind JLLX Diversified VI, DST?
JLL Exchange (JLLX) is the 1031 exchange platform affiliated with JLL Income Property Trust, which announced its acquisition of the Portland apartment community in September 2024 before the property backed this Trust. The Form D names JLL Exchange TRS, LLC as sponsor and depositor and LaSalle Investment Management, Inc. as manager and signatory trustee — the party that makes the day-to-day decisions a DST's beneficial owners cannot. 2 The February 4, 2025 subscription announcement followed immediately after the close of the prior program, JLLX Diversified V, DST.
- Sponsor
- Offerings on record
What does the SEC record show?
The Trust noticed its offering on a Form D — the short filing an issuer submits to the SEC for a private placement sold without general advertising — and then amended it repeatedly as subscriptions arrived, each amendment restating the sold and remaining figures. The final amendment reduced the stated offering amount to match what was actually sold.
- Legal Trust name
- JLLX Diversified VI, DST
- SEC CIK
- 2031962
- First Form D
- Jul 31, 2024
- Latest Form D
- Apr 17, 2025
- Filings on record
- 20
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $100,453,204was $104,867,496 | $100,453,204 | 74 | EDGAR | |
| Form D/A | $104,867,496 | $100,453,204+$509,633 | 74+3 | EDGAR | |
| Form D/A | $104,867,496 | $99,943,571+$3,110,066 | 71+1 | EDGAR | |
| Form D/A | $104,867,496 | $96,833,505+$639,286 | 70+1 | EDGAR | |
| Form D/A | $104,867,496 | $96,194,219+$8,079,357 | 69+5 | EDGAR | |
| Form D/A | $104,867,496 | $88,114,862+$2,388,166 | 64+3 | EDGAR | |
| Form D/A | $104,867,496 | $85,726,696+$4,216,865 | 61+2 | EDGAR | |
| Form D/A | $104,867,496 | $81,509,831+$4,760,050 | 59+5 | EDGAR | |
| Form D/A | $104,867,496 | $76,749,781+$13,397,735 | 54+15 | EDGAR | |
| Form D/A | $104,867,496 | $63,352,046+$8,855,073 | 39+8 | EDGAR | |
| Form D/A | $104,867,496 | $54,496,973+$5,327,959 | 31+5 | EDGAR | |
| Form D/A | $104,867,496 | $49,169,014+$5,176,207 | 26+6 | EDGAR | |
| Form D/A | $104,867,496 | $43,992,807+$8,993,924 | 20+6 | EDGAR | |
| Form D/A | $104,867,496 | $34,998,883+$4,775,328 | 14+2 | EDGAR | |
| Form D/A | $104,867,496 | $30,223,555+$6,126,666 | 12+3 | EDGAR | |
| Form D/A | $104,867,496 | $24,096,889+$7,281,421 | 9+4 | EDGAR | |
| Form D/A | $104,867,496 | $16,815,468+$1,191,496 | 5+1 | EDGAR | |
| Form D/A | $104,867,496 | $15,623,972+$1,271,109 | 4+2 | EDGAR | |
| Form D/A | $104,867,496 | $14,352,863+$14,352,863 | 2 | EDGAR | |
| Form D | $104,867,496 | $0 | EDGAR |
Show all 20 SEC Form D filings
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Common questions
- What happened to JLLX Diversified VI, DST?
- JLLX Diversified VI, DST is a Historical offering. The last Form D, filed Apr 17, 2025, reports the offering fully sold.
- What does "Diversified" mean in this Trust's name?
- It refers to holding more than one property rather than a single building. This Trust pairs an apartment community in suburban Portland, Oregon with a Publix-anchored neighborhood shopping center in Marietta, Georgia — two asset types in two metro areas. That is a two-asset portfolio, not broad diversification across many properties or markets.
- Who was eligible to invest, and what was the minimum?
- The Form D reported a $75,000 minimum investment and the use of Rule 506(b), the private-placement exemption that bars general solicitation or advertising. Interests were therefore offered to accredited investors — individuals or entities meeting SEC income, net-worth or professional tests — through existing relationships rather than public marketing.
- Is the Trust leveraged?
- The public record does not say. The Form D filings report only offering terms, and the sponsor's press release does not disclose mortgage debt, lender identity, loan-to-value or loan maturity for either property. An investor reviewing this Trust would need the offering documents and sponsor reporting to determine the debt structure.
In the news
Sources
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These links support the record as a whole; individual details may come from different sources.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current offering documents before investing.