New 272-unit, mixed-use community to open in June 2028 LONG BEACH, Calif (Jan. 28, 2026) – JPI, a leader in Class A multifamily development, has broken ground on Portico, a 272-unit, mixed-use development in Long Beach, Calif. Today, the company hosted a groundbreaking ceremony to celebrate the $150 million project, commencing the first phase of […]

Financing from Anchor Loans supports development of Jefferson Southwest Parkway Grand Prairie, Texas (Jan. 15, 2026) – JPI, a leader in Class A multifamily development, in partnership with Anchor Loans, a Pretium majority-owned portfolio company, has closed on construction financing for Jefferson Southwest Parkway, a planned $114 million Class A garden-style apartment community located at 4700 Lake Ridge Parkway in Grand Prairie, Texas.  Slated […]

Development’s third phase to add 377 units in 2026g 903 Luxury Apartments FRISCO, Texas – October 28, 2025 – JPI, a leader in Class A multifamily development, has completed the first two phases of a new multifamily development at Frisco Railhead, a $3 billion mixed-use development project in downtown Frisco. Master developed by Heady Investments […]

Statement from JPI CEO Payton Mayes and Economic Advisor Jay Parsons on Southeast Growth Strategy DALLAS, Texas – August 7, 2025 – JPI is proud to announce our strategic expansion into the Southeast, led by Jake Fortune‑Greeley, Vice President of Development for the region. Jake will spearhead JPI’s growth efforts in Charlotte, Raleigh‑Durham, and Nashville, overseeing […]

JPI CEO Payton Mayes’ Statement on the Floods in Central Texas DALLAS, Texas – July 6, 2025 – In response to the recent tragedy affecting our Texas communities, JPI CEO Payton Mayes shared the following message: As a Texas-based company deeply rooted in the communities we serve, our hearts are heavy in the wake of the […]

New community to bring 269 homes to Grand Prairie, TX in 2026 GRAND PRAIRIE, Texas – June 4, 2025 – JPI, a leader in Class A multifamily development, has officially broken ground on Jefferson Kirbybrook, a new 269-home, townhome community located in Grand Prairie, Texas.  This project blends high-quality design, spacious living, and prime connectivity between […]

New mixed-use community will bring housing, dining, and retail to Orange County in 2028 FOUNTAIN VALLEY, Calif. – June 2, 2025 – JPI, a premier developer of multifamily communities, has officially broken ground on 10231 Slater Avenue, a 3.34-acre site in Fountain Valley, California. JPI, in partnership with Chicago based Heitman, will develop a 272-home, five-story, Class […]

New community to bring 373 homes to The Colony, TX in 2027 THE COLONY, Texas – March 3, 2025 – JPI, a leader in Class A multifamily development, has officially broken ground on Jefferson Morningstar, a new 373-unit, four-story, garden-style multifamily community in The Colony, Texas. This project marks JPI’s first partnership with Nomura Real […]

DALLAS, TX – February 6, 2025 – JPI, a leading developer and builder of Class A multifamily housing, is thrilled to announce Jay Parsons as JPI’s Economic Advisor. Jay is a distinguished economist, advisor, and industry thought leader. Jay joins JPI in a part-time role, bringing his vast expertise and insight to further strengthen JPI’s position […]

This new community will bring needed housing to Sorrento Valley, California in 2028 SAN DIEGO, Calif. – January 27, 2025 – JPI, the nation’s premier developer of multifamily communities, is proud to announce the acquisition of 9444 Waples Street, a 3.65-acre site located in the heart of Sorrento Valley, in partnership with Liberty Bankers. This milestone […]