JBGS News and Press, JBG SMITH Properties From 08/09/23

2023-08-09 11:27:56 ET Summary Office REITs are struggling due to the work-from-home trend, resulting in low occupancy and rents. JBG Smith Properties is aggressively recycling assets and focusing on the fast-growing National Landing area. JBGS investors have endured a long-te...

2023-08-08 16:49:26 ET JBG SMITH Properties press release ( NYSE: JBGS ): Q2 FFO of $0.36 beats by $0.06 . Revenue of $152.1M (+4.5% Y/Y). For further details see: JBG SMITH Properties FFO of $0.36 beats by $0.06, revenue of $152.1M

JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today filed its Form 10-Q for the quarter ended June 30, 2023 and reported its financial results. Additional information regarding our results of operations, properties, a...

2023-08-07 08:33:05 ET The commercial real estate market has been facing multiple headwinds, ranging from the post-pandemic work-from-home model to rising defaults for commercial mortgage-backed securities. Even as the hybrid work model becomes more popular, large office spaces still re...

JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today announced that it will report second quarter 2023 financial results after the close of trading on August 8, 2023. The Company’s quarterly investor package, includ...

2023-06-28 15:53:28 ET With the office vacancy rate continuing to climb and the Federal Reserve Chair Jerome Powell insisting that the central bank is not yet done raising interest rates , office REIT stocks dropped in Wednesday trading at a steeper pace than real estate staock overall....

2023-06-15 14:17:07 ET Summary SL Green may be the most oversold and shorted office REIT available to participate in a sector-wide recovery over the next 12 months. Still solid fundamental results overall and cash flow generation in particular should support the dividend and some ...

2023-06-08 04:12:24 ET Treasury Secretary Janet Yellen in a CNBC interview cautioned that U.S. banks could be pressured by the weakening commercial real estate market and are likely preparing for difficulties ahead. "I do think there will be issues with respect to commercial real e...

2023-05-19 09:00:00 ET Summary The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad is it? The surge in interest rates has turned a we...

2023-05-13 12:00:00 ET REITs finished the week in red as the strong quarterly earnings season marked its end, and inflation fears and renewed regional banking concerns hit broader markets. The FTSE Nareit All Equity REITs index finished the week 1.18% lower, compared to S&...