JPMorgan Chase Takes $29,900,000 Loss On LA Apartment Complex in Deal With ‘Mega Landlord’: Report

JPMorgan Chase has reportedly unloaded a major real estate investment in Los Angeles, taking an eight-figure loss. JPM’s Investment Management division has sold a large apartment complex with retail space in LA’s Little Tokyo district in a deal with a “mega landlord,” The Real Deal reports. Records show the bank bought the complex on 232 The post JPMorgan Chase Takes $29,900,000 Loss On LA Apartment Complex in Deal With ‘Mega Landlord’: Report appeared first on The Daily Hodl .