JBG SMITH Properties (JBG SMITH) is a real estate investment trust (REIT), which owns and operates a portfolio of high-growth commercial and multifamily assets. The Company is focused on the Washington, DC metropolitan area. Its assets consist of office, multifamily and retail properties. The Company operates through its segments, including commercial, multifamily, and third-party asset management and real estate services. The Company’s operating portfolio consists of approximately 64 operating assets comprising over 44 commercial assets totaling approximately 13.3 million square feet and 20 multifamily assets totaling over 7,367 units. In addition, JBG SMITH’s third-party asset management and real estate services business provides fee-based real estate services to the JBG Legacy Funds, the WHI Impact Pool and other third parties.