JBG SMITH Properties: Business Overview, Financials & Competitive Analysis
JBG SMITH Properties scores 6/10 on the AskCyborg Cyborg Score (Solid). High-quality mixed-use REIT with embedded growth catalysts in National Landing, but facing typical sector challenges requiring careful valuation. JBG SMITH is a well-established REIT with strong market positioning in the DC metro area and significant exposure to high-demand submarkets anchored by major employers. However, the company faces sector headwinds.
What is JBG SMITH Properties's industry? JBG SMITH Properties (jbgsmith.com) operates in Real Estate Investment Trusts (REITs) - Mixed-Use/Office. AskCyborg classifies JBG SMITH Properties under Real Estate Investment Trusts (REITs) - Mixed-Use/Office in its company registry.
JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland. The company owns, operates, and develops mixed use real estate properties, as well as manages residential, retail, an...
Cyborg Score thesis
High-quality mixed-use REIT with embedded growth catalysts in National Landing, but facing typical sector challenges requiring...
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Get Current Report FreeJBG SMITH Properties Overview
Pro stress-test →JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland. The company owns, operates, and develops mixed use real estate properties, as well as manages residential, retail, and office properties. Approximately 75% of JBG SMITH's holdings are in the National Landing submarket in Northern Virginia, which is anchored by Amazon's headquarters, Virginia Tech's innovation campus, proximity to the Pentagon, and the company's placemaking initiatives.
Strategic Profile
Pro stress-test →Through an intense focus on placemaking, JBG SMITH cultivates vibrant, highly amenitized, walkable neighborhoods throughout the Washington, DC metropolitan area. As of December 31, 2024, the company owned 38 operating properties including 16 apartment complexes with 6,781 units, 20 commercial properties comprising 6.3 million square feet, and two properties on which it collects ground rent, plus two additional apartment complexes under construction and 19 properties in its development pipeline.
Competitive Landscape
Pro stress-test →JBG SMITH operates as a pure-play DC-market REIT competing against larger diversified REITs like American Tower, Welltower, and regional competitors like Monmouth Real Estate Investment Corporation. The company differentiates through deep local expertise, mixed-use focus, and placemaking strategy rather than geographic diversification. Competitors include both larger national REITs with greater asset diversification and smaller regional players.
Industry Context
JBG SMITH Properties operates in Real Estate Investment Trusts (REITs) - Mixed-Use/Office.
Key facts
Founded: 1956 · Headquarters: Bethesda, Maryland · Employees: 645-711 · Revenue: $514M-$547M · Market cap: $1.45B