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JBG Smith, Amazon's HQ2 developer, delays earnings after $356 million court judgment

REIT assesses effect of a DC condo lawsuit as losses extend into third year
The Wardman Tower condominium building in Washington, D.C., was found to be “negligently constructed and renovated,” according to the law firm representing the association that filed the lawsuit. (CoStar)
The Wardman Tower condominium building in Washington, D.C., was found to be “negligently constructed and renovated,” according to the law firm representing the association that filed the lawsuit. (CoStar)

A real estate investment trust behind tech giant Amazon's second headquarters project delayed the release of its latest quarterly earnings after it was ordered to pay millions in damages in a lawsuit over the development of a condominium building in the nation's capital.

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