JBG SMITH Properties (JBGS) USD0.01
JBG SMITH Properties is a real estate investment trust (REIT), that owns and operates a portfolio of commercial and multifamily assets amenitized with ancillary retail. The Company operates through three segments: commercial, multifamily, and third-party asset management and real estate services. Its operating portfolio consists of approximately 51 operating assets comprising 31 commercial assets totaling 9.7 million square feet, 18 multifamily assets totaling 6,756 units, and two wholly owned land assets, for which the Company is the ground leaser. In addition, it has two under construction multifamily assets with 1,583 units and 20 assets in the development pipeline. It owns and operates assets in Metro-served submarkets in the Washington, District of Columbia (D.C.) metropolitan area. Its third-party asset management and real estate services business provides fee-based real estate services to the Washington Housing Initiative (WHI), the JBG Legacy Funds and other third parties.
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