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

2021 is a pivotal calendar year for Irving, Texas-primarily based multifamily developer and builder JPI.

At the commencing of the pandemic very last spring, multifamily observers questioned whether or not apartments would ever get well, as extra individuals opted for the lessen density of one-family residences. But as COVID-19 subsides, JPI is observing a surge in need for its apartments and a groundswell of interest from traders on the lookout to pour money into the sector.

Katie Willis

Courtesy of JPI

 

In this article, Development Dive talks with Katie Willis, JPI’s senior vice president and construction husband or wife who prospects all of the firm’s construction and preconstruction efforts in the Central location, to uncover out what the business is making these days, how it really is working with material cost boosts and the qualities it seems for in its subcontractors and construction partners. 

Development DIVE: Inform me about JPI.

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