JBG Smith Properties

JBG Smith Properties is a real estate investment trust that owns, operates, invests in, and develops assets concentrated in leading urban infill submarkets in and around Washington, DC. Its mixed-use operating portfolio comprises approximately 19 million square feet of high-quality office, multifamily, and retail assets, with 98% served by Metro. The company focuses on placemaking to drive synergies across its portfolio and create amenity-rich, walkable neighborhoods.

Matthew Kelly

CEO and Board of Trustees

Past deals in District of Columbia

Placemakr

Venture Round in 2022
Placemakr is an alternative lodging service established in 2017 in Washington, D.C. by Jason Fudin. The company operates pop-up hotels within newly constructed luxury apartment buildings, offering fully furnished apartments that blend the comforts of home with hotel services and amenities. Placemakr's platform allows users to browse and book these accommodations, turning vacant apartments into short-term lodging options. This innovative model de-risks the lease-up phase for multifamily developers by creating an additional revenue stream while enhancing the appeal of the residential properties for existing residents.
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