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Apartment Builder JPI Names New CEO

Multifamily developer JPI announced major executive leadership changes Friday, including the naming of a new CEO: Payton Mayes. The Irving, Texas-based company announced Mayes’ selection to replace CEO Brad Taylor, who will remain an active owner and board member for JPI. In addition to Mayes, who previously served as divisional president and central region managing partner, the firm named Chris […]

D-FW’s biggest apartment builder has a new CEO

Irving-based JPI makes several changes to its executive ranks. North Texas’ biggest apartment builder is reshuffling its C-suite. Irving-based developer JPI said it has promoted Payton Mayes to chief executive. The previous CEO, Brad Taylor, will transition to becoming a full-time company board member and an owner of the firm. Taylor became CEO of JPI […]

New investment fund plans to buy 10,000 D-FW apartments

Investor WayMaker Partners teams with Irving-based JPI and other industry members A new property investment fund plans to buy at least 10,000 North Texas apartments during the next five years. Dallas-based WayMaker Partners bills itself as a faith-based real-estate investment fund that intends to purchase older rental units in Sun Belt cities. Founded in 2020, […]

East Village construction dig uncovers 2-million-year-old marine fossils

The ancient shells found in a construction pit were given to San Diego Natural History Museum, nearby elementary schools Tom Deméré relishes visiting construction sites with vertical shafts sunk deep into the earth. “It’s always exciting to be involved in a project that extends straight down. The deeper you go, the farther in time you […]

North Texas Food Bank

Our People + Culture team spent the afternoon at the North Texas Food Bank bagging meals for local kids in the community. Through NTFB’s Child Programs, they work with schools and social service programs in a 13-county service area to distribute and serve nutritious foods to kids in need throughout the school year and the summer months. […]

D-FW’s biggest apartment builder is ramping up for more construction

Irving-based JPI hopes to start more than a dozen North Texas projects this year. By Steve Brown – 12:29 PM on Apr 16, 2021 North Texas’ biggest apartment builder is gearing up for more than a dozen new area apartment starts this year. Irving-based JPI plans to build a combination of market rate and more […]

MQ Fossils

The JPI Western Region construction team at Jefferson Makers Quarters, as part of the excavation process for the project, worked with a paleontologist to review the earthworks for any historical findings. It was exciting for everyone to discover several ancient seabed fossils on our site! Our construction team assisted the Natural History Museum with the […]

JPI says it is positioned to lead multifamily market recovery in 2021

FWBP Staff – April 9, 2021 Irving-based multifamily developer JPI is prepared to lead the multifamily residential recovery in 2021 and beyond following a year of landmark success during the nuanced economic and market challenges of 2020, the company says. Throughout last year, JPI developed new projects, expanded communities and sold properties through portfolio transactions, […]

Waterford Property Buys Jefferson Platinum Triangle Apartments in Anaheim for $160M, Plans Workforce Housing Conversion

Jefferson Platinum Triangle features 400 apartments, two swimming pools, hot tubs, outdoor cooking areas, fitness centers and a yoga studio. ANAHEIM, CALIF. — Waterford Property Co., in partnership with California Statewide Communities Development Authority (CSCDA), has purchased Jefferson Platinum Triangle. The transit-oriented multifamily community is located at 1781 S. Campton Ave. in Anaheim’s Platinum Triangle […]

JPI Receives $69.7M Refinancing for Jefferson Pacific Beach Apartments in San Diego

SAN DIEGO — JPI, a Texas-based multifamily investment and development firm, has received a $69.7 million loan for the refinancing of Jefferson Pacific Beach, a recently constructed apartment community in San Diego’s Pacific Beach neighborhood. Located at 4275 Mission Bay Drive, Jefferson Pacific Beach features 169,571 square feet of residential space, including 172 apartments, and […]

JPI marks ninth asset transfer to Lone Star Funds with sale of Jefferson Woodlands

FWBP Staff – February 5, 2021   JPI has announced the sale of Jefferson Woodlands, a 364-home, 15-acre multifamily community located in Garland to an affiliate of Lone Star Funds, marking JPI’s ninth individual asset sold to the private equity firm in the past 12 months. In August and October of 2020, JPI and Lone Star […]

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