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J.P. Morgan Asset Management Commences First Development in $625 Million JV with American Homes 4 Rent

May 14, 2020 / J.P. Morgan Asset Management
SHARESHARESHARE

J.P. Morgan Asset Management has closed on its first joint venture project with American Homes 4 Rent (NYSE: AMH), a leader in the single-family home rental industry. The project, which officially closed at the end of April, will feature 34 single-family homes in the Sovana and Spring Valley areas of Las Vegas, Nevada, comprising 12 three-bedroom homes and 22 four-bedroom homes. The first home deliveries are expected this June and completion is anticipated by October 2020.