JLLX Diversified II, DST 2026: Is It Legit? Form D Raise, Investors, Who Is Behind It

Q: What is JLLX Diversified II, DST?

JLLX Diversified II, DST is a Delaware entity that filed a Form D with the SEC on April 3, 2023 in the Other Real Estate industry group. The filing claims Rule 506(b) for an offering of equity.

Q: Is JLLX Diversified II, DST legit?

AltStreet does not rate legitimacy; it reports the public record. JLLX Diversified II, DST filed a Form D with the SEC on April 3, 2023 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $198,431,353 sold to 150 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Q: Is JLLX Diversified II, DST registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that JLLX Diversified II, DST claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

Q: How much has JLLX Diversified II, DST raised?

JLLX Diversified II, DST reported $198,431,353 sold from 150 investors of a $219,810,811 total offering as of the Form D filed April 3, 2023.

Q: Who can invest in JLLX Diversified II, DST?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $75,000.

Q: What is the minimum investment in JLLX Diversified II, DST?

The Form D lists $75,000 as the minimum investment accepted from any outside investor as of April 3, 2023. Issuers can waive their own minimums, and the figure does not include fees.

Q: Who is selling JLLX Diversified II, DST and how are they paid?

The Form D names LaSalle Investment Management Distributors, LLC (CRD 157625), associated with None; Rob Johnson (CRD 4318220), associated with Thornhill Securities, Inc.; Bryan C. Hakola (CRD 4161289), associated with Concorde Investment Services, LLC; Daniel Raupp (CRD 4079107), associated with Concorde Investment Services LLC and 25 others as recipients of sales compensation soliciting in all states.

Q: Who is behind JLLX Diversified II, DST?

The Form D lists 3 related persons: JLL Exchange TRS, LLC, executive officer (Sponsor of the Issuer); LaSalle Investment Management, Inc., executive officer (Manager and Signatory Trustee); Gregory A. Falk, executive officer (Senior Vice President of the Signatory Trustee). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Q: Where is JLLX Diversified II, DST located?

The issuer's address on its SEC filings is 333 W. Wacker Drive, Suite 2300, Chicago, IL 60606. Its phone number of record is (312) 897-4000. It is organized under the laws of Delaware.

Q: How long is the JLLX Diversified II, DST offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 15 amendments are on record for this CIK.

AltStreetEDGAR DatabaseJLLX Diversified II, DST
SEC filing record
Primary Source · SEC.gov
JLLX Diversified II, DST2022 vintageRule 506(b)Filing record
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$198M
Investors
150
Min Invest
$75,000
Is this your company or fund? Claim this page free, or verify it and carry the Verified Issuer mark.
Claim freeVerify, $480/yr
What this filing shows·Every sentence is a value as filed on SEC Form D
JLLX Diversified II, DST is a Delaware entity that first filed a Form D on July 19, 2022 and most recently amended it on April 3, 2023 in the Other Real Estate industry group. The offering claims Rule 506(b) and covers equity. JLLX Diversified II, DST reported $198,431,353 sold from 150 investors of a $219,810,811 total offering as of the Form D filed April 3, 2023. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $75,000. The Form D names LaSalle Investment Management Distributors, LLC (CRD 157625), associated with None; Rob Johnson (CRD 4318220), associated with Thornhill Securities, Inc.; Bryan C. Hakola (CRD 4161289), associated with Concorde Investment Services, LLC; Daniel Raupp (CRD 4079107), associated with Concorde Investment Services LLC and 25 others as recipients of sales compensation soliciting in all states. The issuer's address of record is 333 W. Wacker Drive, Suite 2300, Chicago, IL 60606.
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0001930808
Entity NameJLLX Diversified II, DST
ExemptionRule 506(b)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising.
Entity TypeOther
Jurisdiction of OrganizationDelaware
Issuer Address333 W. Wacker Drive, Suite 2300, Chicago, IL 60606
Phone(312) 897-4000
Industry / Fund TypeOther Real Estate
Securities TypeEquity
First Sale DateJune 14, 2022
Filing DateApril 3, 2023
Accession Number0001930808-23-000002
Total Offering Amount$219,810,811
Total Amount Sold$198,431,353
Amount Remaining$21,379,458
Total Investors150
Non-Accredited InvestorsNone
Minimum Investment$75,000
Offering DurationOne year or less
Revenue RangeDecline to Disclose
State (Issuer Address)IL
Amendment Count19 filings on record
Filings on Record
Every filing AltStreet's ledger holds for this CIK, newest first (15 of 19). Each opens the SEC archive folder.
D/AApril 3, 20230001930808-23-000002D/AJanuary 10, 20230001930808-23-000001D/ADecember 13, 20220001930808-22-000017D/ANovember 28, 20220001930808-22-000016D/ANovember 7, 20220001930808-22-000015D/AOctober 24, 20220001930808-22-000014D/AOctober 11, 20220001930808-22-000013D/ASeptember 27, 20220001930808-22-000012D/ASeptember 12, 20220001930808-22-000011D/AAugust 30, 20220001930808-22-000010D/AAugust 22, 20220001930808-22-000009D/AAugust 8, 20220001930808-22-000008D/AAugust 1, 20220001930808-22-000007D/AJuly 25, 20220001930808-22-000006D/AJuly 19, 20220001930808-22-000005
In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
2
pre_sale, lapsed
Open in the terminal Watch this issuerInvestor $149/mo unlocks the values; Pro $349/mo adds the universe.
Fund family Part of the JLLX Diversified DST family: 7 vehicles across 7 generations · full family and the filing behind each link in the terminal
Investor
The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
2 offering timelines: velocity, share raised, first-sale lag, stalled flags
Pro
This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
JLL Exchange TRS, LLC
Executive Officer · Chicago, IL
Sponsor of the Issuer
LaSalle Investment Management, Inc.
Executive Officer · Chicago, IL
Manager and Signatory Trustee
Gregory A. Falk
Executive Officer · Chicago, IL
Senior Vice President of the Signatory Trustee
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
LaSalle Investment Management Distributors, LLCCRD 157625 on BrokerCheck 
Associated broker-dealer: None · Chicago, IL · Soliciting in all states
Rob JohnsonCRD 4318220 on BrokerCheck 
Associated broker-dealer: Thornhill Securities, Inc. (CRD 22333) · Austin, TX · Soliciting in AZ, CA
Bryan C. HakolaCRD 4161289 on BrokerCheck 
Associated broker-dealer: Concorde Investment Services, LLC (CRD 151604) · Laguna Niguel, CA · Soliciting in CA
Daniel RauppCRD 4079107 on BrokerCheck 
Associated broker-dealer: Concorde Investment Services LLC (CRD 151604) · Port Jefferson, NY · Soliciting in NY, VA
Jessica HealyCRD 6589558 on BrokerCheck 
Associated broker-dealer: Metropolitan Capital Investment Banc, Inc. (CRD 148820) · Chicago, IL · Soliciting in CO, ID, MA, TX
Christina NielsonCRD 4866971 on BrokerCheck 
Associated broker-dealer: DAI Securities, LLC (CRD 36673) · Costa Mesa, CA · Soliciting in CA
John StombergerCRD 2165327 on BrokerCheck 
Associated broker-dealer: Robert W. Baird & Co. Incorporated (CRD 8158) · Danville, KY · Soliciting in KY
Ian C. McElreathCRD 4754189 on BrokerCheck 
Associated broker-dealer: Emerson Equity LLC (CRD 130032) · Tampa, FL · Soliciting in CO
Jeffrey HarveyCRD 2390593 on BrokerCheck 
Associated broker-dealer: Rockefeller Financial LLC (CRD 291361) · Conshohocken, PA · Soliciting in PA
Jason L. McMurtryCRD 2871788 on BrokerCheck 
Associated broker-dealer: Concorde Investment Services, LLC (CRD 151604) · San Marcos, CA · Soliciting in CA, NV
Rikki FosterCRD 6075051 on BrokerCheck 
Associated broker-dealer: Concorde Investment Services, LLC (CRD 151604) · Roseville, CA · Soliciting in OH
L.H. BayleyCRD 15409 on BrokerCheck 
Associated broker-dealer: Sanctuary Securities, Inc. (CRD 205) · Indianapolis, IN · Soliciting in MN
Morgan StanleyCRD 149777 on BrokerCheck 
Associated broker-dealer: None · Purchase, NY · Soliciting in AK, AZ, CA, CO, FL, IL, IN, KY, ME, MI, MN, NC, NJ, NV, NY, OH, OR, PA, TX, UT, VA, WA, WI
Greg ThornCRD 2308648 on BrokerCheck 
Associated broker-dealer: Sunbelt Securities, Inc. (CRD 42180) · Southlake, TX · Soliciting in TX
Chris VizziCRD 5095868 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Clemente, CA · Soliciting in CA
Chris FarrCRD 5991848 on BrokerCheck 
Associated broker-dealer: Rockefeller Financial LLC (CRD 291361) · Greenwood Village, CO · Soliciting in CO
Rob JohnsonCRD 4318220 on BrokerCheck 
Associated broker-dealer: Realized Financial, Inc. (CRD 22333) · Austin, TX · Soliciting in AZ
Shay ScruggsCRD 4173046 on BrokerCheck 
Associated broker-dealer: Rockefeller Financial LLC (CRD 291361) · Houston, TX · Soliciting in TX
Jeffrey W. SenglaubCRD 1004471 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · Delafield, WI · Soliciting in WI
RBC Capital Markets, LLCCRD 31194 on BrokerCheck 
Associated broker-dealer: None · New York, NY · Soliciting in CA, MN, OK, OR, WA
Janney Montgomery Scott LLCCRD 463 on BrokerCheck 
Associated broker-dealer: None · Phiadelphia, PA · Soliciting in CT, DE, MA, MT, VA
David FarrellCRD 6400947 on BrokerCheck 
Associated broker-dealer: Purshe Kaplan Sterling Investments (CRD 35747) · Austin, TX · Soliciting in TX
Eric WhiteCRD 2527316 on BrokerCheck 
Associated broker-dealer: Sanctuary Securities, Inc. (CRD 205) · Bend, OR · Soliciting in OR
Jared S. HornerCRD 3116441 on BrokerCheck 
Associated broker-dealer: Commonwealth Financial Network (CRD 8032) · Salt Lake City, UT · Soliciting in UT
Jonathan H. PinnockCRD 1880920 on BrokerCheck 
Associated broker-dealer: Commonwealth Financial Network (CRD 8032) · Salt Lake City, UT · Soliciting in UT
Ann R. WangCRD 4768787 on BrokerCheck 
Associated broker-dealer: Rockefeller Financial LLC (CRD 291361) · San Francisco, CA · Soliciting in CA, MI
Stephen GrossmanCRD 1089615 on BrokerCheck 
Associated broker-dealer: Robert W. Baird & Co. Incorporated (CRD 8158) · Danville, KY · Soliciting in KY
Robert BezzoneCRD 2195927 on BrokerCheck 
Associated broker-dealer: Purshe Kaplan Sterling Investments (CRD 35747) · Madison, NJ · Soliciting in NJ
Jacob AdamsCRD 4975889 on BrokerCheck 
Associated broker-dealer: Realized Financial, Inc. (CRD 22333) · Austin, TX · Soliciting in MD
Questions About JLLX Diversified II, DST
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is JLLX Diversified II, DST?JLLX Diversified II, DST is a Delaware entity that filed a Form D with the SEC on April 3, 2023 in the Other Real Estate industry group. The filing claims Rule 506(b) for an offering of equity.
Is JLLX Diversified II, DST legit?AltStreet does not rate legitimacy; it reports the public record. JLLX Diversified II, DST filed a Form D with the SEC on April 3, 2023 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $198,431,353 sold to 150 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is JLLX Diversified II, DST registered with or approved by the SEC?No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that JLLX Diversified II, DST claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has JLLX Diversified II, DST raised?JLLX Diversified II, DST reported $198,431,353 sold from 150 investors of a $219,810,811 total offering as of the Form D filed April 3, 2023.
Who can invest in JLLX Diversified II, DST?The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $75,000.
What is the minimum investment in JLLX Diversified II, DST?The Form D lists $75,000 as the minimum investment accepted from any outside investor as of April 3, 2023. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling JLLX Diversified II, DST and how are they paid?The Form D names LaSalle Investment Management Distributors, LLC (CRD 157625), associated with None; Rob Johnson (CRD 4318220), associated with Thornhill Securities, Inc.; Bryan C. Hakola (CRD 4161289), associated with Concorde Investment Services, LLC; Daniel Raupp (CRD 4079107), associated with Concorde Investment Services LLC and 25 others as recipients of sales compensation soliciting in all states.
Who is behind JLLX Diversified II, DST?The Form D lists 3 related persons: JLL Exchange TRS, LLC, executive officer (Sponsor of the Issuer); LaSalle Investment Management, Inc., executive officer (Manager and Signatory Trustee); Gregory A. Falk, executive officer (Senior Vice President of the Signatory Trustee). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is JLLX Diversified II, DST located?The issuer's address on its SEC filings is 333 W. Wacker Drive, Suite 2300, Chicago, IL 60606. Its phone number of record is (312) 897-4000. It is organized under the laws of Delaware.
How long is the JLLX Diversified II, DST offering open?The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 15 amendments are on record for this CIK.
What is JLLX Diversified II, DST's revenue?The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.