IRVING, Texas–(BUSINESS WIRE)–In an economy where multifamily housing is booming, JPI continually
strives to bring excellence to the market. The National Multifamily
Housing Council (NMHC) recently named JPI the eighth
largest apartment developer in the nation, meaning JPI has moved up
one spot from the council’s 2018 rankings. Additionally, JPI earned the
ninth spot on NMHC’s 25
Largest Builders list, moving up two spots from the previous year’s
rankings.
“This accomplishment wouldn’t be possible without the hard work and
dedication of the entire JPI family, and we couldn’t be prouder of our
talented associates, who are directly responsible for our success,” said
Brad Taylor, chief development officer and national managing partner at
JPI. “Our recognition from the NMHC only validates that we have
assembled a team of the best people in our industry.”
NMHC partners with Kingsley Associates to position their rankings of
developers and builders based on the previous year’s project starts, and
in 2018, JPI started over 3,500 apartment homes, adding multiple new
developments to their portfolio. JPI continues to focus on submarkets
with robust economic growth, expanding employment centers and areas that
truly offer a live-work-play experience.
“We’re continuously humbled by the favorable response we receive from
our residents and the high demand our properties receive,” said Matt
Brendel, divisional president and managing partner at JPI. “2018 was a
record-breaking year for us in terms of production, and with the strong
fundamentals driving the market, we don’t anticipate slowing down any
time soon.”
“JPI has been a force in the Southern California market for over 20
years,” said Rosie Cooper, executive vice president and regional
managing partner in JPI’s western division. “We are honored to be listed
alongside many successful companies and are excited to continue our hard
work for the communities in which we serve.”
JPI’s newest development, Jefferson Texas Plaza, broke ground in
February 2019. It’s located adjacent to the University of Dallas in
Irving, Texas, and will provide 282 apartment homes with premier
amenities. Their tenth community in the booming Irving-Las Colinas
submarket, Jefferson Texas Plaza will be a hub for residents looking for
a place to call home.
JPI also recently broke ground on Jefferson Vista Canyon. Located in
Santa Clarita, California, this 480-home, mixed-use walkable community
will be complete by spring 2020 and will bring top-of-the-line luxury to
the residents of Santa Clarita’s Vista Canyon community.
For a detailed viewing of JPI’s portfolio of luxury communities, visit
the communities page of their website at JPI.com/communities.
About JPI
JPI is a national developer, builder and investment manager of Class A
multifamily assets across the U.S. and is the most active multifamily
developer in Dallas-Fort Worth, with over 5,000 apartment homes under
construction. Headquartered in Irving, Texas, JPI also has offices in
California, Arizona and New York. With a 30-year history of successful
developments throughout major U.S. markets and an unparalleled depth of
industry-specific experience, JPI stands among the most active privately
held real estate companies in the country. JPI’s executive leadership
team has an average of 25 years of comprehensive experience in
multifamily developments – ranging from low-density garden apartments
and mid- to high-density wrap and podium projects to student-living
housing projects and mixed-use high-rise developments. The firm offers
investment management, predevelopment, underwriting, marketing and asset
management services as well as construction, financial and
administrative services. To learn more about JPI, please visit JPI.com.
Contacts
Bridget Rissmann
[email protected]
214-891-3569
