J.P. Morgan Chase & Co. (NYSE:JPM) a leading financial services firm with global scale and reach, has joined with Houston-based Asset Plus Cos. to buy Harbor View Apartments out of foreclosure.
JP Morgan Chase & Co (NYSE:JPM) shares stood at 38.89 as of close of trading on 6/23/2010.
J.P. Morgan Chase & Co. (NYSE:JPM) Joins With Asset Plus Cos.
J.P. Morgan Chase & Co. (NYSE:JPM), a leading financial services firm with global scale and reach, has joined with Houston-based Asset Plus Cos. to buy Harbor View Apartments out of foreclosure, a company that third-party manages roughly 35,000 apartment as well as student apartment units.
Harbor View Apartments was completed but never occupied, as developer Chancellor Development defaulted on the construction loan just before completion.
If you’re contemplating investing in JP Morgan Chase & Co (NYSE:JPM) shares, be sure you make the trade at the right price. Finding a gap in the market or technical analysis can be a hard task, but do consider the price history:
Last Price: 38.89
52 Week Low / High: 31.59 / 48.2
50 Day Moving Average: 40.86
6 Month Price Change %: -6.4%
12 Month Price Change %: 15.9%
We will continue checking the JP Morgan Chase & Co (NYSE:JPM) stock level for developments over the next couple of weeks.
