Welcome to our dedicated page for Jbg Smith Proper news (Ticker: JBGS), a resource for investors and traders seeking the latest updates and insights on Jbg Smith Proper stock.
JBG SMITH Properties (JBGS) delivers essential updates for stakeholders tracking this Washington DC-focused REIT. Our news hub aggregates official announcements, strategic developments, and operational milestones from one of the capital region's most active real estate investors.
Investors and analysts will find timely updates on earnings reports, property acquisitions, and leadership changes, alongside detailed coverage of multifamily housing initiatives and commercial portfolio expansions. We maintain current information about partnership formations and asset management strategies shaping JBGS's position in competitive urban markets.
This resource serves as a centralized tracking point for all material developments affecting JBGS's diversified holdings. Bookmark this page for efficient access to verified information about office space innovations, residential community projects, and fee-based service expansions across the metropolitan area.
JBG SMITH (NYSE: JBGS) reported its Q1 2025 financial results, showing mixed performance in its Washington, DC market operations. The company posted a net loss of $45.7 million ($0.56 per share), compared to $32.3 million loss in Q1 2024. Core FFO decreased to $7.2 million ($0.09 per share) from $26.9 million year-over-year.
Key operational highlights:
- Multifamily portfolio: 93.0% leased, 91.3% occupied
- Commercial portfolio: 78.3% leased, 76.4% occupied
- Executed 71,000 sq ft of office leases
- Sold 8001 Woodmont multifamily asset for $194.0 million
The company's financial position shows $85.9 million in cash, $572.8 million in undrawn credit facility, and total enterprise value of $3.9 billion. JBG SMITH repurchased 12.2 million common shares for $187.5 million and declared a quarterly dividend of $0.175 per share.
JBG SMITH (NYSE: JBGS), a prominent mixed-use property owner and operator in the Washington, DC market, has announced its Board of Trustees' declaration of a quarterly dividend of $0.175 per common share. The dividend payment is scheduled for May 22, 2025, and will be distributed to shareholders of record as of May 8, 2025.
JBG SMITH (NYSE: JBGS), a prominent mixed-use property owner and developer in the Washington, DC market, has scheduled its first quarter 2025 financial results announcement for April 29, 2025, after market close. The complete quarterly investor package and earnings release will be accessible through the Investor Relations section of the company's website at investors.jbgsmith.com.
JBG SMITH (NYSE: JBGS) reported its Q4 and full-year 2024 financial results. The company posted a net loss of $59.9 million ($0.72 per share) in Q4 2024, compared to a $32.6 million loss in Q4 2023. Full-year 2024 net loss was $143.5 million.
The operating multifamily portfolio was 92.9% leased and 91.0% occupied as of December 31, 2024. The commercial portfolio showed 78.6% leased and 76.5% occupied rates. The company executed approximately 118,000 square feet of office leases in Q4 2024.
Notable transactions include the refinancing of The Grace and Reva mortgage with a $273.6 million five-year loan at 5.19%, and the sale of 2101 L Street for $110.1 million. The company maintained a quarterly dividend of $0.175 per share and continued its share repurchase program.
JBG SMITH (NYSE: JBGS), a prominent developer and owner of mixed-use properties in Washington, DC, has announced its schedule for reporting fourth quarter and year-end 2024 financial results. The company will release its earnings report after market close on February 18, 2025. Investors can access the quarterly investor package, which includes the earnings release, through the Investor Relations section of the company's website at investors.jbgsmith.com.
JBG SMITH (NYSE: JBGS), a prominent owner and developer of mixed-use properties in Washington, DC, has released details about the tax treatment of its 2024 distributions on common shares. The company declared five quarterly distributions of $0.175 per share, totaling $0.875 per share for 2024.
Of the total distributions, $0.700 per share is taxable in 2024, while $0.175 is taxable in 2025. The distributions comprise $0.540 in ordinary dividends, of which $0.168 are qualified dividends. Additionally, $0.160 represents non-dividend distributions, and $0.372 qualifies as Section 199A dividends.
JBG SMITH (NYSE: JBGS), a prominent owner and operator of mixed-use properties in Washington, DC, has announced a quarterly dividend of $0.175 per common share. The dividend will be distributed on January 14, 2025, to shareholders recorded as of December 30, 2024. The company specializes in high-quality, mixed-use property development and operations in the DC market.
LEO Impact Capital, JBG SMITH's workforce housing platform, has secured a $13 million tax-exempt bond from Montgomery County Revenue Authority for Franklin Apartments and Earle Manor. The bond replaces existing taxable mezzanine loans provided by the Washington Housing Initiative Impact Pool. Franklin Apartments, located in Takoma Park, is a 185-unit senior living community, while Earle Manor in Wheaton comprises 140 units across two buildings. The bond aims to secure long-term affordability and prevent resident displacement in Montgomery County, Maryland.
JBG SMITH (NYSE: JBGS) reported its Q3 2024 financial results, showing a net loss of $27.0 million ($0.32 per share). The company's FFO was $19.5 million ($0.23 per share) and Core FFO was $19.3 million ($0.23 per share). The operating multifamily portfolio was 92.7% leased with 90.6% occupancy, while the commercial portfolio stood at 80.7% leased with 79.1% occupancy. Annualized NOI decreased to $282.4 million from $286.4 million in Q2 2024. The company sold Fort Totten Square for $86.8 million and repurchased 3.1 million common shares for $50.2 million.
JBG SMITH (NYSE: JBGS), a prominent developer and owner of mixed-use properties in Washington, DC, has announced a quarterly dividend of $0.175 per common share. The dividend will be distributed on November 22, 2024, to shareholders recorded as of November 7, 2024. The company specializes in high-quality, mixed-use properties in the DC market.