Company type | Private |
---|---|
Industry | Real estate investment trust |
Founded | 1968 |
Fate | Split into Urban Shopping Centers & JMB Financial Advisors. |
Headquarters | Chicago, Illinois |
Subsidiaries | Xanterra Travel Collection Amfac Randsworth Trust P.L.C |
JMB Realty was a real estate investment company based in Chicago. In 1993, after suffering during the early 1990s recession, the company spun off its retail properties as Urban Shopping Centers, Inc., which was acquired by Rodamco in 2000 and broken up. After selling off its remaining assets in the late 2000s, JMB Realty was defunct; although its debt finance group was spun-out as JMB Financial Advisors and still exists as a going concern based in Chicago.