J.P. Morgan Global Real Estate Daily News and Research Summary

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J.P. Morgan Global Real Estate Daily News and Research Summary

J P M O R G A N North America Equity Research

18 May 2026

J.P. Morgan Global Real Estate

Daily News and Research Summary

Americas REITs & Real Estate Services

Anthony Paolone, CFA AC

• Manhattan median home rent for April has increased 2% month-on-month and (1-212) 622-6682

rose by 6% year-on-year to $5,099 and leasing activity increased by 21% anthony.paolone@jpmorgan.com

month-on-month to 4,731 new leases signed, as reported by Corcoran. J.P. Morgan Securities LLC

Brooklyn median home rent for April has decreased 4% month-on-month and Michael W. Mueller, CFA AC

rose by 3% year-on-year to $4,110, while leasing activity increased by 12% (1-212) 622-6689

month-on-month to 1,472 new leases signed. Link to the article. michael.w.mueller@jpmorgan.com

J.P. Morgan Securities LLC

• Hillwood Urban, Vanderbilt Office Properties and TriPost Capital Partners Adrian E Huerta

have acquired an office complex in Irving, Texas, from a joint venture between (52-81) 8152-8720

Vanderbilt, Apollo Global Real Estate and Hillwood, for an undisclosed price, adrian.huerta@jpmorgan.com

the Dallas Business Journal reported. The 1.4 million sf office complex houses J.P. Morgan Casa de Bolsa, S.A. de C.V., J.P.

Morgan Grupo Financiero

Caterpillar Inc.’s headquarters. The three-building property last traded in 2015

Richard Jones, CFA for $330 million. Link to the article (subscription required).

(61-3) 9633-4038

• An LLC affiliated with Rubicon Point Fund II and Canyon Partners Real Estate richard.b.jones@jpmorgan.com

LLC have acquired four office buildings in Santa Clara, California, from an J.P. Morgan Securities Australia Limited

undisclosed seller for $87.2 million, as reported by the Silicon Valley Business Neil Green, CFA