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JPI secures financing for $150 million mixed-use development in Long Beach

Funding from Tokyo Tatemono US Ltd. and BMO Bank launches first phase of Mosaic redevelopment project LONG BEACH, Calif (Nov. 6, 2025) – JPI, a leader in Class A multifamily development, in partnership with Tokyo Tatemono US Ltd. and BMO Bank, has closed on construction financing for Portico, a $150 million, mixed-use development in Long Beach, Calif. Located […]

JPI Expands into the Southeast with Focus on Charlotte, Raleigh-Durham, and Nashville

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 […]

A Message from Payton Mayes on the Floods Affecting Texas

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 […]

JPI Breaks Ground on New Luxury Development in Fountain Valley

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 […]

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