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JBG SMITH PROPERTIES (PBGS) Stocks

ABOUT JBG SMITH PROPERTIES

📊 JBG SMITH Properties, an American real-estate investment trust, was founded in 1957 and as its headquarters in Chevy Chase, Maryland.

📊 The company is well-known for developing sustainable buildings and is a member of the U.S. Green Building Council.

📊 JBG SMITH also assisted with the development of the Leadership in Energy and Environmental Design (LEED) program aimed at the design, construction, maintenance and operation of green buildings, homes and neighborhoods.

📊 The company’s history can be traced back to the establishment of Miller, Brown & Gildenhorn in 1957. The latter was founded by attorneys Gerald J. Miller, Donald A. Brown and Joseph Gildenhorn.

📊 It switched its service portfolio from law to securing private loans for wealthy investors for building project in 1960.

📊 By 2012, the company had developed, owned or managed about 30,000²ft of office space; 15,000 apartments, 5,500,000²ft of retail space, and 15 hotels comprising 4,500 rooms collectively.

📊 It was also named as the most active real-estate developer in Washington. D.C. Today, the company employs more than 900 people across its operations.

HISTORY OF JBG SMITH PROPERTIES

  • JBG SMITH Properties’ portfolio comprises high-quality mixed-use properties in Washington D.C. The company develops vibrant, amenity rich, walkable neighborhoods. One of these, National Landing, now serves as Amazon’s new headquarters.

  • The company now owns, operates, develops, and/or invests in a portfolio of about 18.000.000²ft. Another 18.700.000²ft has been earmarked for development in submarkets of Washington D.C. Its assets comprise office, multifamily and retail properties.

  • These are mostly located in submarkets within the District of Columbia and the metro-served submarkets outside Washington, D.C. It includes Crista City, Pentagon City, Rosslyn-Ballston Corridor and Reston in Virginia, amongst others.

  • The company’s Maryland assets are mostly concentrated in Bethesda, Silver Springs and Rockville Pike Corridor.

  • At the end of Sept, 2016, its operating portfolio comprises 72 operating assets with an aggregate of about 21.400.000²ft of which 52 were offices, 16 multifamily apartments and four other assets.

VISION & VALUES OF JBG SMITH PROPERTIES

  • JBG SMITH Properties regards its scale, deliberate focus, extensive experience and strategic approach as the factors that set it apart from its competition.

  • It continuously strives to be at the forefront of real-estate innovation and growth and seeks to deliver value for tenants, employees and shareholders who purchase company shares.

  • It prides itself on its tradition of integrity and adheres to the highest ethical standards.

  • The company keeps its promises at all times. Its strong sense of community inspires its commitment to environmental- and social responsibility.

MARKET PERFORMANCE OF JBG SMITH PROPERTIES

  • JBG SMITH Properties trades on the New York Stock Exchange (NYSE) under the stock symbol “JBGS”.

  • For the first quarter 2019, the company recorded net income to common shareholders of US$ 24.9 million or $ 0.20 per diluted share. Its total revenue for 2018 was US$ 0.644 billion and net income was US$ 0.046 billion.

  • This sound performance affords shareholders the confidence to buy or sell company shares in the expectation of solid dividends and returns.

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