What's next for The JBG Cos.? Raising lots of...
What's next for The JBG Cos.? Raising lots of...
http://baltimorecheckbook.tumblr.com/post/148640409287/whats-next-for-the-jbg-cos-raising-lots-of#_=_
The JBG Cos. might have scrapped its plans to go public through its merger with New York REIT Inc., but that has not halted its efforts to raise hundreds of millions of dollars through asset sales and private fundraising. The Chevy Chase-based developer expects to sell more than a dozen properties over the next six months to a year, generating between $300 million and $500 million. It made the disclosure in an Aug. 2 letter to investors after terminating its merger with New York REIT (NYSE: NYRT). In…
from http://www.bizjournals.com/baltimore/blog/real-estate/2016/08/whats-next-for-the-jbg-cos-raising-lots-of-money.html?ana=RSS%26s=article_search