No, look, everything's fine, nothing to see, just $120 billion in multifamily loans, says

JPMorgan Chase recently took a "deep dive" into its $120 billion multifamily loan portfolio, said Chief Financial Officer Jeremy Barnum on Tuesday at the UBS Financial Services Conference, MarketWatch reported.

"We're going to be watching it closely and we worry about everything," Barnum said. "But right now, we actually don't have any particularly large concerns about the multifamily portfolio."

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.