Texas-based apartment developer JPI is set to be acquired by Sumitomo Forestry in a deal valued at up to $215M. The Japanese housing developer plans to buy 90% of JPI’s shares in November, with the ...
CAP Multifamily filed plans with the state to build a small apartment building in North Dallas. Its project at 2220 Mail Avene near Love Field is planned for formerly single-family lots. The firm ...
With more than 25 years of successful developments in major U.S. markets, JPI established itself at the top of the DFW market. Dallas—A national developer, builder and investment manager of Class A ...
The merger of JPI into JPC has been fully approved by shareholders and is scheduled to become effective on September 22, 2025. JPI will cease to exist, and its shareholders will automatically receive ...
JPI is thinking outside the financing playbook in Denton, where it’s building a $132 million apartment community with the help of tax-exempt municipal bonds. The prolific Dallas-based multifamily ...
This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Dallas-based developer JPI established a presence ...
The phrase “we need more affordable housing” has turned into a cliche across the U.S. as apartment rents continue to escalate. DFW-based multifamily developer JPI is no stranger to the need for more ...
JPI has secured construction financing for the development of Jefferson Innova, the 433-unit second phase of its Jefferson Promenade community in the booming Las Colinas neighborhood of Irving, Texas.
IRVING, Texas--(BUSINESS WIRE)--#multifamily--JPI is proud to announce the sale of Jefferson Chandler to Dallas-based Rosewood Property Company. The city of Chandler, part of the Phoenix East Valley, ...
IRVING, Texas--(BUSINESS WIRE)--Dallas-based multifamily developer JPI today announced the addition of Mollie Fadule as the firm's new Chief Financial & Investment Officer. The addition of Fadule is ...
JPI offers a high 9.8% yield and monthly income, appealing to income-focused investors, but its earnings history is inconsistent, and payout sustainability is questionable. The fund currently trades ...