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Fortune
Fortune
Lance Lambert

UNBELIEVABLE: Jpmorgan wants to be your landlord - Caught on Camera

JPMorgan buys Cantabria Bradenton (Credit: Wolfson Development Company)

At first glance, there's nothing out of the ordinary about Cantabria Bradenton. Located 46 miles south of Tampa and 14 miles north of Sarasota, the recently constructed rental community consists of 172 attached townhomes and 12 detached single-family homes on 36 acres. Cantabria Bradenton has a clubhouse, gym, and pool. It looks like a modern Florida rental community, with townhomes renting anywhere between $2,400 to $3,000.

However, under the surface, there's something that makes it novel: The rental community is owned by J.P. Morgan Asset Management.

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