Jamie Dimon

Jamie Dimon was real estate’s favorite son one day in October when he cut the ribbon on JPMorgan’s celebrated new office skyscraper at 270 Park Avenue.

The CEO was already one of the most powerful people in the banking industry thanks to the large loans his company wrote for its clients. But his turn as a real estate developer showed that he was willing to put his money where his mouth was, even if it was new territory.

“We move money and paper,” he said. “We weren’t used to this.”

JPMorgan built its $4 billion, 2.5 million-square-foot headquarters into the teeth of the pandemic, when the office as we knew it faced an existential crisis. Dimon not only forged ahead with 270 Park, but also gobbled up more office space in the surrounding area, creating a JPMorgan campus that emphatically affirmed the company’s commitment to the workplace.

And Dimon’s bank retained its status as New York’s biggest CRE lender. JPMorgan made almost $4 billion worth of loans in 2025, once again claiming the top spot in TRD’s annual ranking of lenders. 

That figure was up from $2.1 billion the previous year, and well ahead of second-place lender Wells Fargo’s $2.7 billion in lending last year.

Among the bank’s largest deals was the $1.15 billion refinancing it participated in on Steve Witkoff and Len Blavatnik’s One High Line condo project in August 2025 — one of the single largest checks cut during the year.