{"id":830133,"date":"2025-03-26T12:03:40","date_gmt":"2025-03-26T16:03:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/"},"modified":"2025-03-26T12:03:40","modified_gmt":"2025-03-26T16:03:40","slug":"j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/","title":{"rendered":"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 26, 2025<\/span><\/span> \/PRNewswire\/ &#8212; J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today the acquisition of two residential assets: The Preserve at <span class=\"xn-location\">Pine Valley<\/span> in <span class=\"xn-location\">Wilmington, NC<\/span> and Bass Lofts in <span class=\"xn-location\">Atlanta, GA.<\/span> These strategic acquisitions underscore\u00a0JPMREIT&#8217;s commitment to expanding its portfolio of high-quality, attainable housing assets in high-growth markets.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1537662\/JPMorgan_Asset_Mgmt_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1537662\/JPMorgan_Asset_Mgmt_Logo.jpg\" title=\"J.P. Morgan Asset Management Logo (PRNewsfoto\/J.P. Morgan Asset Management)\" alt=\"J.P. Morgan Asset Management Logo (PRNewsfoto\/J.P. Morgan Asset Management)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>The Preserve at <span class=\"xn-location\">Pine Valley<\/span><br \/><\/b>The Preserve at <span class=\"xn-location\">Pine Valley<\/span>, a 219-unit, Class-B housing community, was acquired in a 90\/10 joint venture partnership with Ginkgo Residential, a <span class=\"xn-location\">Charlotte<\/span>-based owner and operator focused on workforce housing. Situated in central <span class=\"xn-location\">Wilmington<\/span>, the property offers residents convenient access to <span class=\"xn-location\">Downtown Wilmington<\/span>, <span class=\"xn-location\">Wrightsville Beach<\/span>, and the Novant Regional Medical Center. The property is ideally positioned to benefit from <span class=\"xn-location\">Wilmington&#8217;s<\/span> robust economic and demographic growth, which, to date, has resulted in a 70% cumulative increase in population since 2000. The total purchase price was <span class=\"xn-money\">$32.1 million<\/span>, exclusive of closing costs.<\/p>\n<p>\n        <b>Bass Lofts<br \/><\/b>Bass Lofts is a 133-unit, adaptive reuse, Class-A multifamily property located in the intown neighborhood of Little Five Points in <span class=\"xn-location\">Atlanta, GA.<\/span> This unique asset offers a prime location with easy access to <span class=\"xn-location\">Downtown Atlanta<\/span>, Midtown, and Buckhead, as well as major highways. Originally constructed in 1923 as a school, Bass Lofts is currently 96% leased, reflecting strong demand for quality housing in the area. The total purchase price was <span class=\"xn-money\">$34.8 million<\/span>, exclusive of closing costs.<\/p>\n<p>The residential sector is one of J.P. Morgan Asset Management&#8217;s high-conviction investing themes, driven by the resilience of and strong demand for housing. The 2021 pricing bubble motivated developers to introduce new supply, which softened rents despite growing wages and strong apartment absorption. <span class=\"xn-location\">Wilmington<\/span> and <span class=\"xn-location\">Atlanta<\/span> are examples of markets where new supply has peaked, and rents are now firming. These JPMREIT acquisitions will benefit from a recovery in rental rates across their submarkets.<\/p>\n<p>&#8220;These acquisitions underscore our confidence in the residential sector and our belief in the continued growth and resilience of the housing market. As we navigate an environment where homeownership remains significantly more costly than renting, we see a sustained demand for rental properties,&#8221; <b><span class=\"xn-person\">Chad Tredway<\/span>, CEO and Chairperson of JPMREIT<\/b>.<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Doug Schwartz<\/span>, Co-President of JPMREIT<\/b>, added, &#8220;The Sunbelt region is experiencing declining supply amidst continued population and wage growth, making it a focal point for our investment strategy. At JPMREIT, we are committed to leveraging these trends by tactically investing in assets where we can create value and in locations where economic and population growth are creating opportunities.&#8221;<\/p>\n<p>These acquisitions mark JPMREIT&#8217;s 5<sup>th<\/sup> and 6<sup>th<\/sup> investments in the residential sector, expanding its total portfolio to 12 investments. For more information about this investment and other JPMREIT properties, please visit the <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4390862-1&amp;h=1394061450&amp;u=http%3A%2F%2Fwww.jpmreit.com%2Fportfolio&amp;a=Portfolio+page\" target=\"_blank\" rel=\"nofollow\">Portfolio page<\/a>\u00a0on its website.<\/p>\n<p>\n        <b>About JPMREIT<\/b>\n      <\/p>\n<p>JPMREIT leverages J.P. Morgan Asset Management&#8217;s more than 60 years of real estate investment experience and invests in stabilized, income-producing assets and development positioned to benefit from the way people live, work and consume in the new economy. JPMREIT is externally advised and sponsored by J.P. Morgan Investment Management Inc.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>. This press release contains forward-looking statements about the business of JPMREIT and the residential housing sector within the real estate market. These forward-looking statements can be identified by the use of forward-looking terminology such as &#8220;expect,&#8221; &#8220;continue,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;anticipate,&#8221; &#8220;intend&#8221; or other similar words or the negatives thereof. These may include statements about plans, objectives, intentions and expectations with respect to JPMREIT&#8217;s real estate investments and expected real estate acquisitions. Such forward-looking statements are inherently uncertain and there are or may be important factors that could cause actual outcomes or results to differ materially from those indicated in such statements. We believe these factors include but are not limited to those described under the section entitled &#8220;Risk Factors&#8221; in JPMREIT&#8217;s annual report for the most recent fiscal year, and any such updated factors included in JPMREIT&#8217;s periodic filings with the SEC, which are accessible on the SEC&#8217;s website at <a href=\"http:\/\/www.sec.gov\" rel=\"nofollow\">www.sec.gov<\/a>. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in JPMREIT&#8217;s public filings. Except as otherwise required by federal securities laws, JPMREIT undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.<\/p>\n<p>\n        <b>This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.<\/b>\n      <\/p>\n<p>\n        <b>About J.P. Morgan Asset Management<br \/><\/b>J.P. Morgan Asset Management is a global leader in alternatives, with over 60 years of experience managing alternative investments, including real estate, private equity, private credit, liquid alternative products, infrastructure, transport, hedge funds, and forestry. As of\u00a0December 31, 2024, J.P. Morgan oversees more than\u00a0$400 billion in alternative assets.<\/p>\n<p>With\u00a0$3.6 trillion\u00a0in assets under management as of\u00a0December 31, 2024, J.P. Morgan Asset Management serves institutions, retail investors, and high-net-worth individuals across every major market globally. The firm offers comprehensive investment management services in equities, fixed income, alternatives, and liquidity.<\/p>\n<p>For more information, visit\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4390862-1&amp;h=3802600072&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4318691-1%26h%3D1395252074%26u%3Dhttp%253A%252F%252Fwww.jpmorgan.com%252Fam%26a%3Dwww.jpmorgan.com%252Fam&amp;a=www.jpmorgan.com%2Fam\" target=\"_blank\" rel=\"nofollow\"><b>www.jpmorgan.com\/am<\/b><\/a><\/p>\n<p>JPMorgan Chase &amp; Co. (NYSE: JPM) is a leading financial services firm based in <span class=\"xn-location\">the United States of America<\/span> (&#8220;U.S.&#8221;), with operations worldwide. JPMorganChase had <span class=\"xn-money\">$4.0 trillion<\/span> in assets and <span class=\"xn-money\">$345 billion<\/span> in stockholders&#8217; equity as of <span class=\"xn-chron\">December 31, 2024<\/span>. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world&#8217;s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase &amp; Co. is available at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4390862-1&amp;h=3199987797&amp;u=http%3A%2F%2Fwww.jpmorganchase.com%2F&amp;a=www.jpmorganchase.com\" target=\"_blank\" rel=\"nofollow\"><b>www.jpmorganchase.com<\/b><\/a>.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY49338&amp;sd=2025-03-26\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/jp-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets-302412097.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/jp-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets-302412097.html<\/a><\/p>\n<p>SOURCE  J.P. Morgan Asset Management<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY49338&amp;Transmission_Id=202503261200PR_NEWS_USPR_____NY49338&amp;DateId=20250326\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , March 26, 2025 \/PRNewswire\/ &#8212; J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today the acquisition of two residential assets: The Preserve at Pine Valley in Wilmington, NC and Bass Lofts in Atlanta, GA. These strategic acquisitions underscore\u00a0JPMREIT&#8217;s commitment to expanding its portfolio of high-quality, attainable housing assets in high-growth markets. The Preserve at Pine ValleyThe Preserve at Pine Valley, a 219-unit, Class-B housing community, was acquired in a 90\/10 joint venture partnership with Ginkgo Residential, a Charlotte-based owner and operator focused on workforce housing. Situated in central Wilmington, the property offers residents convenient access to Downtown Wilmington, Wrightsville Beach, and the Novant Regional Medical Center. The property is ideally positioned to benefit from &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-830133","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , March 26, 2025 \/PRNewswire\/ &#8212; J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today the acquisition of two residential assets: The Preserve at Pine Valley in Wilmington, NC and Bass Lofts in Atlanta, GA. These strategic acquisitions underscore\u00a0JPMREIT&#8217;s commitment to expanding its portfolio of high-quality, attainable housing assets in high-growth markets. The Preserve at Pine ValleyThe Preserve at Pine Valley, a 219-unit, Class-B housing community, was acquired in a 90\/10 joint venture partnership with Ginkgo Residential, a Charlotte-based owner and operator focused on workforce housing. Situated in central Wilmington, the property offers residents convenient access to Downtown Wilmington, Wrightsville Beach, and the Novant Regional Medical Center. The property is ideally positioned to benefit from &hellip; Continue reading &quot;J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-26T16:03:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1537662\/JPMorgan_Asset_Mgmt_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets\",\"datePublished\":\"2025-03-26T16:03:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/\"},\"wordCount\":966,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1537662\\\/JPMorgan_Asset_Mgmt_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/\",\"name\":\"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1537662\\\/JPMorgan_Asset_Mgmt_Logo.jpg\",\"datePublished\":\"2025-03-26T16:03:40+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1537662\\\/JPMorgan_Asset_Mgmt_Logo.jpg\",\"contentUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1537662\\\/JPMorgan_Asset_Mgmt_Logo.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/","og_locale":"en_US","og_type":"article","og_title":"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets - Market Newsdesk","og_description":"PR Newswire NEW YORK , March 26, 2025 \/PRNewswire\/ &#8212; J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today the acquisition of two residential assets: The Preserve at Pine Valley in Wilmington, NC and Bass Lofts in Atlanta, GA. These strategic acquisitions underscore\u00a0JPMREIT&#8217;s commitment to expanding its portfolio of high-quality, attainable housing assets in high-growth markets. The Preserve at Pine ValleyThe Preserve at Pine Valley, a 219-unit, Class-B housing community, was acquired in a 90\/10 joint venture partnership with Ginkgo Residential, a Charlotte-based owner and operator focused on workforce housing. Situated in central Wilmington, the property offers residents convenient access to Downtown Wilmington, Wrightsville Beach, and the Novant Regional Medical Center. The property is ideally positioned to benefit from &hellip; Continue reading \"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-26T16:03:40+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1537662\/JPMorgan_Asset_Mgmt_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets","datePublished":"2025-03-26T16:03:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/"},"wordCount":966,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1537662\/JPMorgan_Asset_Mgmt_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/","name":"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1537662\/JPMorgan_Asset_Mgmt_Logo.jpg","datePublished":"2025-03-26T16:03:40+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/#primaryimage","url":"https:\/\/mma.prnewswire.com\/media\/1537662\/JPMorgan_Asset_Mgmt_Logo.jpg","contentUrl":"https:\/\/mma.prnewswire.com\/media\/1537662\/JPMorgan_Asset_Mgmt_Logo.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-real-estate-income-trust-inc-expands-portfolio-with-acquisitions-of-two-attainable-housing-assets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with Acquisitions of Two Attainable Housing Assets"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/830133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=830133"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/830133\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=830133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=830133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=830133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}