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had Tredway, now 42, was named global head of JPMorgan’s real‑estate investment arm in May 2025. The move follows a rapid ascent that began during the 2008 crisis when he joined JPMorgan Chase as an associate and soon oversaw a $20 billion lending portfolio for major commercial landlords and developers. Business Insider highlighted him in its 2017 Rising Stars list, and he continued to climb until 2021.
In 2021, with JPMorgan’s blessing, Tredway launched Trio Investment Group, a boutique firm that specialized in sale‑leaseback deals. The model bought properties from occupiers—often manufacturers—and then leased them back, delivering 10‑13 % returns with limited risk. Trio completed more than 50 transactions across 22 states before JPMorgan acquired the company in early 2024 for an undisclosed sum. The purchase brought Tredway back into the bank, where he was appointed head of real‑estate investment for the Americas within JPMorgan Asset Management, the division that manages roughly $79 billion of commercial property.
Tredway’s promotion to global leader expands his remit to the entire asset‑management business. He now travels worldwide to meet institutional investors, pension funds, and family offices, positioning JPMorgan as a preferred partner for real‑estate exposure. In interviews, he explains that the decision to return was driven by the firm’s scale and the ability to tap into a network of industry experts—from M&A to corporate real‑estate and lending—that is unmatched outside the bank.
His background as a lender gives him a unique risk perspective. “Being a lender first taught me how to assess risk,” he says. “Running my own firm let me see how to add value on the investment side.” This blend informs his current strategy, which focuses on three core sectors:
1. **Industrial outdoor storage** – sites that accommodate delivery trucks for Amazon, UPS, and FedEx, leveraging JPMorgan’s data on freight flows and consumer demand.
2. **Non‑luxury housing** – a portfolio of over 80,000 units worldwide, mirroring the bank’s historic housing focus but targeting affordable segments.
3. **Manufacturing** – both advanced and traditional, reflecting the resilience of production assets in a shifting economy.
Tredway also highlights the growing importance of middle‑market real‑estate deals, defined by transaction sizes between $50 million and $100 million. “Large firms used to dominate billion‑dollar deals,” he notes, “but the market is now more fragmented, and we’re finding value in these mid‑tier assets.”
When asked about the current economic backdrop—slightly lower interest rates, uncertain outlook, and stubborn inflation—he stresses that basic needs remain constant. “People will always need homes and fast delivery of goods,” he says, underscoring the enduring demand for housing and logistics infrastructure.
On the data‑center sector, Tredway acknowledges the technology risk and concentration concerns. “We’re cautious about that space right now,” he says, preferring high‑quality real‑estate in prime locations where JPMorgan has a competitive edge.
Tredway’s personal interest in real‑estate extends to the bank’s new headquarters at 270 Park Avenue. “Walking through 270 is a reminder of New York’s strength and the bank’s legacy,” he says, noting that clients appreciate the building’s detail and focus.
In sum, Chad Tredway’s journey—from a crisis‑era associate to a global real‑estate leader—illustrates a blend of lending acumen, entrepreneurial initiative, and strategic alignment with JPMorgan’s expansive resources. His focus on industrial logistics, affordable housing, and manufacturing, coupled with a keen eye on middle‑market opportunities, positions JPMorgan’s real‑estate investment business to capture value in a volatile yet resilient market.
