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JBG Smith Accelerates Shift to Apartments With Washington-Area Office Portfolio Recapitalization

Maryland Real Estate Company Forms $580 Million Joint Venture With Fortress Investment Group
JBG Smith is bringing in a new partner on 7200 Wisconsin Ave. in Bethesda, Maryland, and six other office properties. (Kate Wichlinski/CoStar)
JBG Smith is bringing in a new partner on 7200 Wisconsin Ave. in Bethesda, Maryland, and six other office properties. (Kate Wichlinski/CoStar)
CoStar News
February 15, 2022 | 7:33 P.M.

As it shifts to owning more apartments, real estate company JBG Smith plans to recapitalize a portfolio of seven properties in the Washington area, bringing in Fortress Investment Group as a partner.

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