What's Happening
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 […]
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, […]
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 […]
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. […]
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 […]
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, […]