C
had Tredway's return to J.P. Morgan Asset Management as head of real estate Americas was a homecoming of sorts, after leaving the firm 13 years prior to start his own boutique investment platform, Trio Investment Group. Two years later, he rejoined with Trio's $250 million portfolio in tow.

    Tredway stepped into his new role during a complex time for the commercial real estate industry, marked by uncertainty and volatility following the pandemic and elevated interest rates. However, he recognized an opportunity for investors, having navigated a similar window after the Global Financial Crisis.

    J.P. Morgan's extensive real estate reach and expansive data were key factors in Tredway's decision to return. "J.P. Morgan is such a powerhouse in real estate," he said. "We're one of the biggest users of real estate in the United States, between our branch network and corporate footprint."

    A phone call from George Gatch, CEO of J.P. Morgan Asset Management, and Mary Callahan Erdoes, CEO of the bank's asset and wealth management business, also played a role in his decision. "When you get a call from Mary Erdoes and George Gatch, it's really hard to turn that down," Tredway said.

    Tredway's first 12 months in his new seat have been marked by success, with the firm positioning itself to take advantage of the current market conditions. "Chad is an outstanding addition to J.P. Morgan's real estate asset management franchise," Gatch said. "He is already having a huge impact for our clients and business."

    Tredway's focus on build-to-rent, logistics-focused real estate, and grocery-anchored retail has been driven by data and market trends. He believes that the current window of opportunity will last for several years, with the potential for outsized returns in these sectors.

    The Trio integration has been successful, with the firm providing capital to middle-market companies through sale-leaseback transactions. Tredway's experience as an entrepreneur has given him a new perspective on the importance of hustle and creative problem-solving.

    With a pipeline full of strategies focused on single-family for rent, logistics-oriented real estate, and grocery-anchored retail, J.P. Morgan is well-positioned to take advantage of the current market conditions. Tredway's return to the firm has been marked by success, and he believes that real estate will be a place for outsized returns in the coming years.

    Tredway's favorite part about being back at J.P. Morgan is the people and the ability to move markets in a positive way. He believes that the current environment presents a unique opportunity for investors, with core funds poised for high single-digit to low double-digit returns and opportunistic deals offering 15% go-forward returns.

    The commercial real estate industry has been marked by uncertainty and volatility following the pandemic and elevated interest rates. However, Tredway recognizes an opportunity for investors, having navigated a similar window after the Global Financial Crisis.

    Tredway's focus on build-to-rent, logistics-focused real estate, and grocery-anchored retail has been driven by data and market trends. He believes that the current window of opportunity will last for several years, with the potential for outsized returns in these sectors.

    The Trio integration has been successful, with the firm providing capital to middle-market companies through sale-leaseback transactions. Tredway's experience as an entrepreneur has given him a new perspective on the importance of hustle and creative problem-solving.

    Tredway believes that real estate will be a place for outsized returns in the coming years, with core funds poised for high single-digit to low double-digit returns and opportunistic deals offering 15% go-forward returns.