What's Happening
By Bill Hethcock – Senior Reporter, Dallas Business Journal Apr 14, 2021, 3:32pm EDT Irving-based multifamily developer JPI is looking for big growth in its own back yard, staking out a strategy to increase its market share in Dallas-Fort Worth from 10 percent of all new apartment units built to 15 percent over the next […]
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 […]
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, […]
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 […]
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 […]
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 […]
FWBP Staff – January 26, 2021 Irving-based JPI has promoted Payton Mayes to divisional president and managing partner after successes in 2020, including portfolio transactions, pre-construction project sales and continued growth for the most active multifamily developer in Dallas-Fort Worth. Mayes will oversee and lead all components of JPI’s multifamily regional operations, including site acquisition, development, […]
JPI Cos. has closed construction financing on its mixed-use development Jefferson Centerpointe, to be built one-fifth of a mile from the Old Town area of Placentia, Calif., a fast-growing municipality on the edge of North Orange County. The development will feature 418 luxury apartments along with more than 8,200 square feet of retail space. “Placentia […]
Proximate to major employment hubs, entertainment destinations and higher education institutions, Jefferson Centerpointe will offer residents an unparalleled living experience IRVING, Texas – JPI announced today the close of construction financing of Jefferson Centerpointe, a mixed-use development that will consist of 418 luxury multifamily units and more than 8,200 square feet of retail space in […]
By Steve Brown 5:00 AM on Nov 17, 2020 Just-completed three-property purchase is the second such deal this year. The Jefferson 1900 apartments in Farmers Branch were included in the sale. Apartment builder JPI has just closed another huge sale of North Texas rental units. The Irving-based developer has sold almost 1,200 apartments in Irving, Farmers Branch […]
By Bill Hethcock – Senior Reporter, Dallas Business Journal Oct 30, 2020, 8:00am EDT Apartment developer JPI has closed on construction financing for Jefferson at The Grove, a Class A multifamily project that will have urban-style architecture, extensive community amenities and upgraded interiors, the company said Thursday. Irving-based JPI’s newest property transaction is part of a larger development […]
Hot off a five-project, almost 2,000-unit sale earlier this month, Irving-based apartment developer JPI is focusing on building “out” in Dallas-Fort Worth. Out, as in out in the suburbs. And out, as in out, not up. “We don’t anticipate any concrete high-rises, at least in the short-term,” Blake Taylor, JPI’s senior vice president and regional development […]