JBG SMITH Properties (JBGS)

JBG SMITH Properties is a real estate investment trust (REIT) that specializes in owning, operating, and developing a diverse portfolio primarily in the Washington, D.C. metropolitan area. The company was established in 2017 through a spin-off from Vornado Realty Trust and subsequent merger with The JBG Companies. JBG SMITH is publicly traded on the New York Stock Exchange under the ticker symbol "JBGS." The company is known for its significant development focus, particularly in urban mixed-use communities, and plays a pivotal role in the transformation of National Landing, which includes parts of Crystal City, Pentagon City, and Potomac Yard. This area is notably the site of Amazon's HQ2 development. As of now, the CEO of JBG SMITH is Matthew Kelly, who has been instrumental in shaping the strategic direction of the company. The company prides itself on its commitment to sustainability and innovative design. JBG SMITH reported revenues in the vicinity of $500 million, indicative of its substantial presence in the real estate market. With a blend of residential and commercial properties, the company is a key player in shaping the landscape and economy of the D.C. area.