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July 06, 2015 3:59 AM ET

Real Estate Investment Trusts (REITs)

Company Overview of Jones Lang LaSalle Income Property Trust, Inc.

Company Overview

Excelsior LaSalle Property Fund, Inc. is a real estate investment trust launched and managed by UST Advisers, Inc. LaSalle Investment Management, Inc. acts as the investment advisor of the fund. The fund invests in real estate markets of the United States. It primarily invests in real estate and real estate related assets including office, retail, industrial, and apartment sectors. The fund was managed by LaSalle Investment Management, Inc. and U.S. Trust Company, N.A. Asset Management Division. Excelsior LaSalle Property Fund was established on May 28, 2004 and is domiciled in United States.

200 East Randolph Drive

Chicago, IL 60601-6435

United States

Founded in 2004





Key Executives for Jones Lang LaSalle Income Property Trust, Inc.

Chief Executive Officer and President
Age: 55
Chief Financial Officer, Chief Accounting Officer and Treasurer
Age: 46
General Counsel and Secretary
Age: 55
Compensation as of Fiscal Year 2015.

Jones Lang LaSalle Income Property Trust, Inc. Key Developments

Jones Lang LaSalle Income Property Trust, Inc. Approves Amendment to Provision of Second Articles of Amendment and Restatement

Jones Lang LaSalle Income Property Trust, Inc. announced that at the annual meeting of stockholders held on June 16, 2015 the proposal to amend a provision of second articles of amendment and restatement to comply with a request from a state securities administrator.

Jones Lang LaSalle Income Property Trust, Inc. Closes $75 Million Credit Facility with Bank of America

Jones Lang LaSalle Income Property Trust, Inc. announced it closed a revolving line of credit with an accordion feature that allows the facility to increase from $40 million up to $75 million. The credit facility has a two year term with a one year extension option and bears interest based on LIBOR plus a spread ranging from 1.35% to 2.10%. Bank of America, N.A. is lender and administrative agent for the facility and Merrill Lynch, Pierce, Fenner & Smith Incorporated served as lead arranger.

Jones Lang LaSalle Income Property Trust, Inc. Presents at REITWEEK 2015: NAREIT's Investor Forum, Jun-09-2015

Jones Lang LaSalle Income Property Trust, Inc. Presents at REITWEEK 2015: NAREIT's Investor Forum, Jun-09-2015 . Venue: New York Hilton Midtown, 1335 Avenue of the Americas, New York, NY 10019, United States.

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