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.
About This JobVice President, Development (Project Close) is a key leadership role within JPI. The VP, Development (Project Close) is expected to engage in any or all of a broad range of responsibilities across the real estate development and construction project lifecycle. The position demands the highest levels of technical and strategic input to projects, as well as the leadership and management of people in the Development Team.
Essential Functions & Responsibilities
Project CloseLead design kick-off meetings at all phases from schematic design onwards.
Review and approve unit/amenity finishes and community programming.
Oversee design soft cost budgets.
Negotiate and execute design consultant contracts.
Prepare board packages for land and overall project approvals and conduct board reviews.
Secure easements as required.
Close capital arrangements, including public/private partnerships and site tours.
Analyze capital strategies and quotes for land and development projects
Manage due diligence for land and development projects.
Prepare closing statements and loans for land and development projects.
Handle capital documents for land and development projects.
Facilitate closing calls for land and development projects.
Prepare closing exhibits.
Oversee post-closing services.
Other Duties and Responsibilities:
Other duties as assigned.
Education, Work Experience, & Physical Requirements
A Bachelor’s Degree in Business, Finance, Urban Planning, Accounting, Real Estate, Engineering, Math , or a related field is required. Graduate degree and/or relevant professional certifications encouraged.
Demonstrated experience in entitlements, executing development opportunities, working with capital partners, market analytics, asset management, property operations, and strong negotiation skills.
Minimum of 10 years’ experience in Real Estate development, including significant multifamily development experience.
Why work for us?
We have a 35-year track record of developing multifamily communities with responsibility, accountability, and integrity. Our stated purpose is to:
Transform Building
Enhance Communities
Improve Lives
JPI has an ambitious and exciting vision for how we will achieve this, which makes for a positive and dynamic work environment, with many opportunities for personal development and growth. As well as our highly competitive offering of compensation and benefits, we are committed to:
Transformative careers in a transformative company
Comprehensive training and development
Promotion from within at all levels of the organization
Borderless Careers, based on performance, potential, and personal ambition
Industry Recognition
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
JPI offers associates a comprehensive benefits package with competitive salaries and more, including:
Competitive Bonus Program
4 Weeks PTO for All New Associates (Pro-Rated by Hire Date)
11 Holidays and 8 Early Release Days
Medical, Dental, Vision, and Life Insurance
401(k) with Company Match (Up to 5% Match)
Health Savings Account
Flexible Spending Accounts (Dependent & Medical Reimbursement)
Paid Parental Leave
Paid Volunteer Time
Tuition Assistance
Phone Reimbursement
Associate Referral Bonuses
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What We Do
JPI is a leading development and construction company with a mission to transform building, enhance communities and improve lives. With a commitment to excellence and innovation, JPI delivers Class A multifamily housing that exceeds expectations and fosters vibrant neighborhoods. By focusing on sustainable development and strategic partnerships, JPI continues to shape the future of community living while positively impacting communities nationwide. We develop, build and invest in select communities throughout the U.S.
JPI has assembled a world-class team with deep, cross-industry expertise complimenting Payton Mayes and Mollie Fadule’s 18-year relationship as commercial real estate developers, operators and investors.
Since 1989, JPI has acquired and developed 380+ projects consisting of 117,000+ homes located in more than 143 cities valued at over $19.5 billion.
NMHC’s fastest-growing developer and second-fastest-growing builder
