Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022
Cash flow from operating activities:
Net loss		$ (2,608)	$ (2)	[1],[2]	$ (9,079)	$ (2)	[1],[3]
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization					4,370
Amortization of below market lease					(59)
Amortization of deferred financing costs					404
Stock based compensation					50
Unrealized loss on real estate related and other securities					180
Redemption value adjustment on mandatorily redeemable Class E Units					3,729
Change in assets and liabilities:
Increase in other assets					(388)
Increase in due to affiliates					2,387
Decrease in accounts payable, accrued expenses and other liabilities					(1,960)
Net cash used in operating activities					(366)	(2)	[3]
Cash flow from investing activities:
Acquisitions of real estate					(676)
Capital Improvements on real estate					(601)
Deposits on real estate acquisition					(3,054)	(5,900)	[3]
Proceeds from real estate related and other securities					43
Purchases of real-estate related and other securities					(4,923)
Net cash used in investing activities					(9,211)	(5,900)	[3]
Cash flows from financing activities:
Proceeds from issuance common stock					53,982	9,082	[3]
Proceeds from issuance of mandatorily redeemable Class E units	[3]					15,768
Distributions paid on common stock					(807)
Distributions to non-controlling interests					(47)
Repayments of credit facility					(40,200)
Proceeds from subscriptions received in advance					4,129
Principal repayments of mortgage notes					(245)
Payment of deferred financing costs on mortgage notes					(7)
Net cash provided by financing activities					16,805	24,850	[3]
Net change in cash, cash equivalents and restricted cash					7,228	18,948	[3]
Cash, cash equivalents and restricted cash, at the beginning of the period					5,788	200	[3]
Cash, cash equivalents and restricted cash, at the end of the period		13,016	19,148	[3]	13,016	19,148	[3]
Reconciliation of cash, cash equivalents and restricted cash to the Consolidated Balance Sheets:
Cash and cash equivalents		12,825	19,148	[4]	12,825	19,148	[4]
Restricted cash		191			191
Total cash, cash equivalents and restricted cash		$ 13,016	$ 19,148	[4]	13,016	19,148	[4]
Supplemental disclosure of cash flow information:
Cash paid for interest					3,721
Supplemental disclosure of non-cash investing and financing activities:
Accrued offering costs due to affiliates					526
Accrued loan costs due to affiliate	[4]					313
Accrued distributions					189
Other accrued costs due to affiliate					7
Distribution re-investments					164
Accrued acquisition costs					$ 29	$ 370	[4]

[1] J.P. Morgan Real Estate Income Trust, Inc. was formed on November 5, 2021 and commenced operations on September 2, 2022, accordingly, there were minimal operations during the three and six months ended June 30, 2022.

[2] J.P. Morgan Real Estate Income Trust, Inc. was formed on November 5, 2021 and commenced operations on September 2, 2022, accordingly, there were minimal operations during the three ended March 31, 2022 and June 30, 2022.

[3] J.P. Morgan Real Estate Income Trust, Inc. was formed on November 5, 2021 and commenced operations on September 2, 2022, accordingly, there were minimal operations during the six months ended June 30, 2022.

[4] J.P. Morgan Real Estate Income Trust, Inc. was formed on November 5, 2021 and commenced operations on September 2, 2022, accordingly, there were minimal operations during the six months ended June 30, 2022.