JPI, one of the nation’s leading developers and builders of multifamily communities, announced this week its expansion into three of the Southeast’s most dynamic regions: Charlotte and Raleigh-Durham, North Carolina, and the greater Nashville area in Tennessee. The move comes amid shifting market conditions and a sharp decline in new development starts, creating a unique window of opportunity for well-capitalized, mission-driven developers.
The company has appointed Jake Fortune-Greeley as JPI’s vice president of land acquisition in the Southeast. Fortune-Greeley brings deep experience in identifying and securing high-potential development opportunities in emerging submarkets.
“The Southeast is home to some of the nation’s most resilient and fastest-growing housing markets,” Fortune-Greeley said. “In Raleigh-Durham, for example, you’re seeing a powerful combination of economic momentum, a highly educated workforce and exceptional quality of life. We’re excited to be returning to these regions and investing in their long-term future.”…