---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-015804"
form_type: "8-K"
ticker: "JBGS"
cik: "0001689796"
company_name: "JBG SMITH Properties"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T18:44:56.074288+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "low"
source: SEC EDGAR
---

# JBG SMITH Q3: same-store NOI up 11.5%, completes $1B capital recycling, 14.2M shares repurchased

## Summary
- Same-store NOI increased 11.5% YoY; multifamily occupancy 93.7% (up 140bps QoQ), rents up 6.7% on renewal.
- Executed 207K SF of office leases Q3; over 50% new leases in National Landing (defense/tech tenants).
- Completed $1B capital recycling YTD; acquired partners' interests in three multifamily assets for $180M at 4.5-5% cap rate.
- Repurchased 14.2M shares YTD at weighted average $25.49 per share; $1.9B liquidity with 89% fixed/hedged debt.
- 1,583 multifamily units under construction with first deliveries expected in 2024; strong balance sheet supports growth.

## SEC filing metadata
- accession: 0001558370-22-015804
- form_type: 8-K
- ticker: JBGS
- cik: 0001689796
- company_name: JBG SMITH Properties
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: low
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1689796/000155837022015804/0001558370-22-015804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1689796/000155837022015804/jbgs-20221101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-015804
- JSON: https://secwatch.observer/filing/0001558370-22-015804.json
- Plain text: https://secwatch.observer/filing/0001558370-22-015804.txt

## Key facts
- Earnings Releases
  JBG SMITH Properties reported financial results for the three months ended September 30, 2022.
  - Period: the three months ended September 30, 2022
  - Result: reported results
  source text: On November 1, 2022, JBG SMITH Properties (the “Company”) announced its financial results for the three and nine months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1689796/000155837022015804/0001558370-22-015804-index.htm
- Earnings Releases
  JBG SMITH Properties reported financial results for the nine months ended September 30, 2022.
  - Period: the nine months ended September 30, 2022
  - Result: reported results
  source text: On November 1, 2022, JBG SMITH Properties (the “Company”) announced its financial results for the three and nine months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1689796/000155837022015804/0001558370-22-015804-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.