Townlake of Coppell
Multifamily property in Coppell, TX — sponsored by JLL Exchange (JLLX)
Files with the SEC as JLLX Townlake of Coppell, DST
Minimum investment
$75k
Offering size
$59.9M
How much has sold
96.0%
Asset type
Multifamily property
Location
Coppell, TX
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Townlake of Coppell combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Coppell, TX
- Property size
- 398 units
How did it end?
No sale or other ending on record
No full-cycle or 721 UPREIT announcement found; the property (398-unit Townlake of Coppell, Coppell, TX) is still listed on JLL Income Property Trust's portfolio page and actively leased/managed by Greystar, and the DST is below the typical 2-year minimum hold (Form D ran Feb 1 - Aug 27, 2024) per jllipt.com/properties/townlake-of-coppell and altswire.com coverage of JLL's 15 completed full-cycle UPREIT transactions (none named Townlake).
Townlake of Coppell is a 398-unit, garden-style apartment community built in 1986, located in Coppell, TX, an affluent suburb of Dallas. It was acquired by JLL Income Property Trust and bundled into the $200 million Diversified DST Portfolio, which was fully subscribed in May 2023.
398 unitsSupporting evidence
Who's behind it?
- Sponsor
- JLL Exchange (JLLX)
- Legal Trust name
- JLLX Townlake of Coppell, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 6 active / 20 total offerings from JLL Exchange (JLLX)
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 14
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
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.
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 Private Placement Memorandum before investing.
Common questions
What happened to Townlake of Coppell?
Top1031 lists Townlake of Coppell as historical. It is no longer raising money.
Where does Top1031 get the data for Townlake of Coppell?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7Townlake of Coppell | JLLIPTSponsor property page describing Townlake of Coppell as a 398-unit garden-style apartment community located in Coppell, TX, an affluent suburb of Dallas. JLL Income Property Trust Fully Subscribes $120 Million Diversified DSTJLL Income Property Trust announced the full subscription of JLLX Diversified IV, DST, a $120 million program that included Townlake of Coppell (an institutional-quality apartment community in Coppell, TX) and a Class A industrial distribution facility in Taunton, MA leased to Williams-Sonoma Direct, Inc. JLL Income Property Trust Fully Subscribes $200 Million Diversified DST PortfolioPR Newswire version of the same $200M Diversified DST Portfolio announcement.