J.P. Morgan Real Estate Income Trust, Inc. Initial Public Offering Declared Effective by Securities and Exchange Commission

J.P. Morgan Real Estate Income Trust, Inc. (“JPMREIT”) announced that its registration statement on Form S-11 has been declared effective by the U.S. Securities and Exchange Commission. The initial public offering of common stock consists of up to $4,000,000,000 of Class T, Class S, Class D and Class I shares in the primary offering and up to $1,000,000,000 of shares pursuant to a distribution reinvestment plan. JPMREIT is externally advised and sponsored by J.P. Morgan Investment Management Inc. (“JPMIM” or the “Adviser”).

JPMREIT’s equity real estate investments will include a range of asset types with a focus on stabilized, income-generating properties. To a lesser extent, JPMREIT will also invest in real estate value creation opportunities that incorporate property refurbishment, redevelopment and development, which are expected to be owned long-term for both income generation and potential capital appreciation.

JPMREIT seeks to build a property portfolio comprised of approximately 75% stabilized, income-generating properties and 25% refurbishment, redevelopment and development properties. JPMREIT expects to invest in the property types helped by the manner in which the COVID-19 pandemic has accelerated fundamental changes in the way Americans use real estate to consume, work and live and expects to qualify as a real estate investment trust for federal income tax purposes.

Shares in JPMREIT will be offered on a continuous basis at a price generally equal to the net asset value per share of each class of common stock, updated monthly. The initial per share purchase price was $10.00 per share, plus applicable upfront selling commissions and manager fees.

J.P. Morgan Institutional Investments Inc. will act as the dealer manager for the offering on a best efforts basis and will engage selected broker-dealers to participate in the distribution of the shares to individual investors.

Written copies of the prospectus may be obtained from J.P. Morgan Investment Management Inc., Attn: Sam Wallman.

Contact Information: