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JPI Named to THE NMHC Top 25 Lists for Largest Multifamily Developers and Builders

Firm rises to No. 2 developer and No. 5 builder following record-setting year

DALLAS, Texas (April 9, 2026) – JPI, a premier developer of multifamily communities, today announced it has been named to the National Multifamily Housing Council‘s (NMHC) 2026 Top 25 lists of developers and builders in the United States.

JPI ranked No. 2 on the NMHC Top 25 Developers list, up from No. 18 in 2025, and No. 5 on the Top 25 Builders list, up from No. 23 the previous year. This recognition follows JPI’s record-breaking year in 2025, during which the company started 17 new projects totaling 6,372 homes, representing a combined development value of $2.2 billion.

The NMHC Top 25 lists rank the nation’s largest apartment development and construction firms based on scale, performance and leadership in the multifamily housing industry. JPI’s placement on both lists underscores the company’s continued growth and commitment to excellence.

“Our achievement reflects not only a record production year, but also our strategic focus on delivering quality affordable housing while maintaining the highest construction standards,” said Payton Mayes Chief Executive Officer, part-owner and Board Member of JPI. “We’re proud to rank among the nation’s most respected developers and builders.”

Looking ahead in 2026, JPI is poised to build on its strong momentum and expand its footprint in high-growth markets nationwide. In addition to its strong presence in Dallas-Fort Worth, the company is focused on strategic expansion across Southern California, Washington, Phoenix, the Carolinas and Florida. Driven by innovation and a commitment to quality and affordability, JPI remains well positioned to continue scaling its impact across the multifamily sector.

About JPI 

JPI is a leading developer dedicated to transforming building, enhancing communities, and improving lives. With a commitment to excellence and innovation, JPI delivers Class A multifamily housing that exceeds expectations and fosters vibrant neighborhoods. By focusing on sustainable development and strategic partnerships, JPI continues to shape the future of community living while positively impacting communities nationwide. For more information about JPI and its portfolio of projects, please visit JPI.com. 

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