Built on a foundation of integrity, respect, and commitment, JPI stands out as one of the most active real estate developers and builders in the nation. For more than 35 years, JPI has designed and developed communities with best-in-class homes and amenities. JPI is committed to data-driven management and continuous improvement. Its team of experts utilizes data - including unparalleled market research, proven business processes, and proprietary models - to ensure that every decision is strategic, focused, and produces exceptional multifamily communities with the best risk-adjusted returns. More than just great communities, JPI is focused on leaving a lasting impact on the communities where we build and is continually committed to "Building What Matters." JPI operates as a subsidiary of Sumitomo Forestry, which is recognized as one of the largest home builders in the United States.

Essential Functions & Responsibilities.

Market Research

• Track market economics for target markets, including return on cost and cap rate metrics, rental rates, operating expenses, occupancy and supply statistics, for comparable new developments and stabilized asset sales
• Capture broker contact information and collect relevant information/documents
• Capture and track amenity and premium information for competitive projects in target markets
• Conduct periodic market tours of comparable sites and properties

Investment Management & Operations

• Assist with the creation and revision of various Excel models to support the decision-making process for value preservation and real estate transactions
• Assist with the preparation of financing and marketing packages for capitalization and disposition purposes
• Participate in ongoing direction for and communication with property management teams
• Conduct periodic site inspections of operating properties, including documentation of necessary action items and value creation opportunities

Reporting

• Assist with preparation of periodic reports for internal committees, investors, lenders and partners
• Track receipt and participate in review of monthly operating reports, annual operating budgets and business plans for new assets
• Work with Asset Management team to develop and revise dashboard metrics

NON-ESSENTIAL DUTIES & RESPONSIBILITIES

• Other duties as assigned.

Education, Work Experience, & Physical Requirements

• Bachelor's degree in Business, Finance, Accounting, Real Estate, Engineering, Math or related field required

• Pursing Master's degree in Business, Finance, Accounting, Real Estate, Engineering, Math or related field preferred

• This is an entry level position, but prior coursework or internships that built an understanding of financial analysis and how to calculate and interpret return metrics (NOI, Cap Rate, IRR, NPV, Levered vs Unlevered returns, Return on Cost, Residual Value, etc.) is necessary.

We are a People First culture, and seek team members who are hungry, humble, and people smart with an eye to continuous improvement. Our culture begins with people and our goal is to attract, retain, and grow the best talent in the industry. Through ongoing investment in the development of our people, we provide meaningful opportunities for professional success and fulfillment. Led by values and principle-based leadership, our team approaches every project with responsibility, accountability, and integrity.

Industry Recognition
We're not inclined to brag, but we have been recognized on some impressive lists. Here are just a few of our noteworthy recognitions:

• NMHC - #1 Fastest Growing Developer; #2 Fastest Growing Building; #8 Largest National Developer; # 11 Largest National Builder

• Real Page - Most active multifamily developer in DFW for the past 8 years

• Dallas Business Journal Best Places to Work - 2023

• Dallas Business Journal - Largest DFW Real Estate Developers - #11

California General Base Pay Range

Note that the actual base pay offered will be contingent upon the candidate's overall experience, skills, internal existing associate equity, and overall budget of the Company at the time of offer. The range is specific to base pay only.

$20 - $22hr