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JP Morgan's Kurt Stuart Takes CO on a Property Running Tour
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JP Morgan's Kurt Stuart Takes CO on a Property Running Tour
J.P. Morgan’s commercial real estate teams cover every asset, but a big focus on the multi-family side is workforce housing, and a lot of that workforce housing is in coastal markets. The locations all share some commonalities: They’re supply constrained, their cash flows are strongly durable, and they’re desirable places to live, so vacancy rates and rent levels are very stable over long periods. The clients that the firm banks are investors th…
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