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IRVING, TX - JPI announced a joint venture with Madera Residential and WayMaker on five new developments across the DFW Metroplex. These five assets will provide over 1,750 class A multifamily homes to residents and help serve the growing need for housing in the thriving DFW metroplex. When completed, the joint venture portfolio will include nine communities in total. The first five communities, Jefferson Railhead, Jefferson Grandscape, Jefferson Cedar Ridge, Jefferson Northlake, and Jefferson...

New investment fund plans to buy 10,000 D-FW apartments Investor WayMaker Partners teams with Irving-based JPI and other industry members JPI has built thousands of North Texas apartments, including the Jefferson Boardwalk apartments in Farmers Branch.(JPI ) 9:08 AM on May 6, 2021 CDT 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, WayMaker plans to use technolog...

CRE Briefs: Luxury Development Breaks Ground in Fast-Growing DFW Neighborhood Plus CBRE reports that multifamily net absorptions see a slight uptick, JPI joins WayMaker Partners Venture, Transwestern hires former CBRE Group COO, and more. The statistics of homebuying in Collin County continue to impress. Median home prices have increased 13.4 percent in the first quarter, home inventory for sale is at a record low, and the average day on the market is fewer than 36 days. City officials in Anna and the team at Dallas developer Centurion American broke ground on The Villages at Hurricane Creek...