JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund Just as Bay Area Office Finds a Bottom

The 24-year-old US Real Estate Income and Growth vehicle posts -9.7 percent three-year returns, forcing a three-year unwind even as San Francisco's AI-led leasing recovery accelerates JP Morgan Asset Management is winding down its 2002-vintage US Real Estate Income and Growth Fund, ending a 24-year run for one of the firm's flagship core-plus real estate […]