Now we stand, the chance of our lifetime, a chance to establish the standards of a company for all time, a chance to go forth unfettered by the past and build a company which is as nearly ideal for its purpose as painstaking investigation and careful thought can make it. Realizing that good is ever the enemy of the best, we seek to be the best. There is ever before us the ideal of excellence. It is our purpose to build a company that will endure for our friends and associates, that will command the respect of our peers and that will quicken the pride of succeeding generations.   Overview JPI is an experienced, fully integrated real estate firm that specializes in the acquisition, development, construction and management of residential communities. JPI operates in markets throughout the United States and is one of the country's top developers of residential real estate. The availability of entrepreneurial investment capital obtained through JPI's owners and General Electric Capital Corporation and relationships with other major capital sources enables JPI to take advantage of investment opportunities quickly and decisively. The executive leadership of JPI provides a clear direction and commitment to quality investments and management services, and instills the local entrepreneurial freedom needed to succeed in today's competitive marketplace. JPI's proven performance, financial strength, and depth of management expertise culminate in a single mission . . . "Building Quality For Our Customers." JPI's investment strategy is to simply outperform the marketplace yield requirements, on a risk adjusted basis. In conjunction with the basic premise that perceived high risk commands a high reward, JPI seeks those investment opportunities which can yield such a result. Corporate Background JPI senior executives bring with them decades of real estate development, construction, finance and management experience. Headquartered in Irving, Texas, JPI was formed for the purpose of focusing on building multifamily communities. Most of JPI's activity is conducted through an investment venture with General Electric Capital Services to build and acquire apartment communities across the country. General Electric Capital Services, being the primary source of equity for the venture, has committed over $650 million in equity to JPI, making JPI one of the largest private multifamily real estate companies in the country. The venture develops high-end luxury apartments and innovative student housing communities across the country in JPI's current markets and in new regions such as California, the Midwest, and the Pacific Northwest. JPI's equity capital provides it with a competitive edge in the marketplace as it relates to new development and acquisition opportunities.