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JPMorgan Doubled Commercial Mortgage Assets in 2021

JPMorgan doubled assets under management in its commercial mortgage business to $7.6 billion in the 12 months ending in mid-December.

JPMorgan 150x150JPMorgan’s global alternatives team simultaneously announced two new hires focusing on commercial mortgage, with Raphael Gonzalez joining as managing director and Kelly von Schmid coming on as an originator.

Jay DeWaltoff, head of commercial mortgage lending at JPMorgan’s global alternatives division, said in the press release, “Our commercial mortgage loan business has grown significantly over the past year, with strong investor demand for these strategies driven by the attractive yield premiums and diversification potential offered relative to investment grade corporate bonds.”

Read the full press release.

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