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JBG SMITH Announces The Formation Of LEO Impact Capital, Its Workforce Housing Investment Management Platform Aimed At Acquiring, Operating, And Preserving Middle Income Housing

Benzinga ·  May 30 05:04

Dedicated Platform Focusing on Creating and Preserving Middle Income Housing Integrates Investment and Asset Management Functions

JBG SMITH (NYSE:JBGS) today announced the formation of LEO Impact Capital (LEO), its workforce housing investment management platform aimed at acquiring, operating, and preserving middle income housing in rapidly growing neighborhoods vulnerable to rising housing costs. LEO is a subsidiary of leading Washington, DC-region owner and developer JBG SMITH.

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