Rising star catch-up: Chad Tredway is back at JPMorgan and at the helm of its $79 billion real estate portfolio
Chad Tredway was a rising star at JPMorgan Chase before launching his own firm in 2021. In 2024, he returned to JPMorgan and now leads its $79 billion property investment arm. With stocks volatile and real estate on the rise, Tredway is trying to grab investor interest. Chad Tredway charted a fast path into upper management at JPMorgan Chase, rising from an associate during the Financial Crisis to a senior position overseeing the bank’s $20 billion lending business with some of the largest commercial real estate landlords and developers. Business Insider featured Tredway in its first Rising Stars of Wall Street list in 2017. Then in 2021, he left to launch his own real state company, called Trio Investment Group. The company focused on sale-leaseback transactions where it purchased property assets from owners who occupied their spaces — such as manufacturers — and then leased it back to them. JPMorgan brought him back by buying Tredway’s firm in early 2024 for an undisclosed price and named him head of real estate investment in the Americas for JPMorgan Asset Management, an investment arm of the bank that owns about $79 billion of commercial property. In May 2025, Tredway, 42, was promoted to global leader of that real estate investment business. In the new position, he regularly travels to meet with both existing and prospective clients, including some of the world’s largest investors. Business Insider caught up with Tredway on his career changes and the opportunities he sees in the real estate market amid a changing economy. The conversation has been edited for length and clarity. You spent 13 years at JPMorgan Chase and had risen to a leadership position. Why did you leave? I left with the firm’s blessing, and JP Morgan actually invested alongside me, but there is a major opportunity in the sale-leaseback industry. You could get 10-13% returns without taking inordinate amounts of risk. We had over 50 deals in 22 states. What brought you back? All the advantages the firm has. Being able to call literally the leading industry experts on everything from M&A to corporate real estate to lending is an advantage you can’t get when you’re on your own. JPMorgan purchased your company. How did that deal come about? The conversation was more: we think there’s an amazing opportunity in real estate. We believe we’re coming off of cyclical lows. We believe we can be much more entrepreneurial. George Gatch, who leads asset and wealth management, is absolutely phenomenal. I spent a lot of time understanding his vision for growth of the business.