JPMorgan Asset Management plans to liquidate its JP Morgan U.S. Real Estate Income and Growth Fund, a 24-year-old core-plus real estate vehicle, according to The Real Deal, citing Bisnow.
The fund held approximately $1.4 billion in assets at the end of 2025, according to documents tied to the Ohio Bureau of Workers’ Compensation that were first reported by IPE Real Assets. The fund, launched in 2002, includes industrial, multifamily and office properties, with office accounting for about 16 percent of holdings.
The liquidation could take up to three years, according to consultant Meketa Investment. A JPMorgan Asset Management spokesperson said the decision was made in the best interests of investors and that the fund would be wound down “thoughtfully and deliberately” with a focus on maximizing value, according to The Real Deal.
