Multifamily starts tick up despite record delays

Construction Dive

Headwinds include rising costs and increasing delays, but multifamily construction starts have been able to stay the course. Multifamily construction starts continue to tick up despite rising construction costs and labor challenges, according to industry data. Multifamily starts increased in the first quarter of 2021, according to the U.S. Census Bureau. Despite widespread delays...

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Multifamily starts tick up despite record delays

Construction Dive

Headwinds include rising costs and increasing delays, but multifamily construction starts have been able to stay the course. Multifamily construction starts continue to tick up despite rising construction costs and labor challenges, according to industry data. Multifamily starts increased in the first quarter of 2021, according to the U.S. Census Bureau. Despite widespread delays...

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JPI Continues to Grow Executive Leadership Team With New Chief Financial & Investment Officer

businesswire

Mollie Fadule brings extensive real estate investment, asset management and technology leadership experience to JPI 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 the firm’s latest action in expanding its leadership team to advance market diversification, harness industry innovation,...

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Multifamily builder JPI seeks partners as it looks to triple its apartment starts

Construction Dive

The Irving, Texas-based merchant builder is shifting away from urban projects to garden-style units in the suburbs, according to senior vice president Katie Willis. 2021 is a pivotal year for Irving, Texas-based multifamily developer and builder JPI. At the beginning of the pandemic last spring, multifamily observers questioned whether apartments would ever recover, as...

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JPI Strengthens Western Region with New VP

Commercial Construction & Renovation

  Dallas-based multifamily developer JPI today announced the addition of Patty Bartlett as Executive Vice President of the company’s San Diego-based Western Region. The announcement follows JPI’s recent C-suite expansion to further position the company for growth, while prioritizing its people-first foundation. “I’m excited to be joining JPI, one of the premier privately-held multifamily developers in...

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JPI Promotes Payton Mayes to CEO, Adds Three New Positions to Executive Team

Multifamily Executive

Multifamily developer JPI has reorganized and expanded its executive leadership team, promoting Payton Mayes to CEO and adding three new executive leadership roles: chief capital markets officer, chief people officer, and chief innovation officer. Former CEO Brad Taylor will remain active in the company as an owner and full-time board member. “For more than...

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Apartment Builder JPI Names New CEO

BisNow

Multifamily developer JPI announced major executive leadership changes Friday, including the naming of a new CEO: Payton Mayes. The Irving, Texas-based company announced Mayes’ selection to replace CEO Brad Taylor, who will remain an active owner and board member for JPI. In addition to Mayes, who previously served as divisional president and central region managing partner, the firm named...

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