Jones Lang LaSalle Income Property Trust, Inc.
O&O Salary Reimbursement
September 30, 2015
($ in thousands)
 
 
 
 
 
 
O&O Salary Reimbursement
 
 
 
 
LaSalle has received BOD approval to be reimbursed for up to $1 million annually for salaries of people who work on the Offering for functions related to Due Diligence, Marketing, Prospectus Updating, etc. First Quarter is expected to be the largest quarterly amount as the Prospectus is updated and filed by March 31st.
 
 
 
 
 
 
 
 
O&O Salary Reimbursement
 
 
 
Q1 2015
$
361

 
 
 
Q2 2015
250

 
 
 
Q3 2015
276

 
 
 
Q4 2015
 
 
 
 
 
 
 
 
 
Total
$
887