JBG SMITH Announces The Formation Of LEO Impact Capital, Its Workforce Housing Investment Management Platform Aimed At Acquiring, Operating, And Preserving Middle Income Housing
Portfolio Pulse from Benzinga Newsdesk
JBG SMITH (NYSE:JBGS) has announced the formation of LEO Impact Capital, a new platform focused on acquiring, operating, and preserving middle-income housing in rapidly growing neighborhoods. LEO aims to address rising housing costs and integrate investment and asset management functions.
May 29, 2024 | 9:04 pm
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JBG SMITH has launched LEO Impact Capital to focus on middle-income housing, which could enhance its portfolio and address rising housing costs in growing neighborhoods.
The formation of LEO Impact Capital by JBG SMITH is a strategic move to address the growing issue of rising housing costs in rapidly developing neighborhoods. This initiative could enhance JBGS's portfolio and position it as a leader in workforce housing, potentially driving positive investor sentiment.
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